Bombardier Inc. T.BBD.A

Alternate Symbol(s): T.BBD.B | T.BBD.PR.B | T.BBD.PR.C | T.BBD.PR.D | BDRPF | BOMBF | BDRXF | BDRAF | BDRBF

Industrials Aerospace & Defense

Bombardier Inc. is a Canada-based manufacturer of business aircraft with a global network of service centers. The Company is focused on designing, manufacturing and servicing business jets. The Company has a worldwide fleet of more than 5,000 aircraft in service with a variety of multinational corporations, charter and fractional ownership providers, governments and private individuals. It operates aerostructure, assembly and completion facilities in Canada, the United States and Mexico. Its robust customer support network services the Learjet, Challenger and Global families of aircraft, and includes facilities in strategic locations in the United States and Canada, as well as in the United Kingdom, Germany, France, Switzerland, Austria, the United Arab Emirates, Singapore, China and Australia. The Company's jets include Challenger 350, Challenger 3500, Challenger 650, Global 5500, Global 6500, Global 7500 and Global 8000.

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Bombardier Inc. > Hitachi /Bombardier near i bil us contract

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Comment by Bullvsbear99on Aug 11, 2020 10:18am

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Post# 31392269

RE:RE:RE:Hitachi /Bombardier near i bil us contract

Its down because the governments around the world at that time period froze all new contract offers to contain and understand Covid-19. So no new order added to backlog but bombardier continued delivering on some backlog year end and first few months of this year. Backlog didn't shrink because of any cancellation.

pierrelebel wrote:
Shamorish wrote "we do not hear media saying that Alstom may increase bidding price for bbd since BT has added so many contracts to its backlog"

According to the financials reported by Bombardier last week (page 6) the backlog at BT is down by more than US$2 billion from December 31 2019 to June 30, 2020 ($35.8 to $33.7 billion)

LINK to Bombardier Financials