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. > Airbus reducing North Amer operations

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Comment by Bullvsbear99on Aug 20, 2020 10:35am

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Post# 31433310

RE:RE:RE:Airbus reducing North Amer operations

Cuts might be proportional now but what makes you think that more cuts and consolidation wont happen if things dont improve. Airlines are predicting recovery in 2023/24 time frames. How many airplanes doing think AB will make until then? With Airlines losing billions where and who is giving them financing to buy airplanes? The worst is yet to come. Wait until Sept time frame for US airlines to start massive layoff. Most governments globally are supporting by subsidizing pay for employees. How long do think that will continue. Paying employees does not eqaute to airlines buying more airplanes. With Covid-19 cases rising in Europe and US the airlines haven't seen the worst yet.

clubhouse19 wrote: If you read the statement, the cuts would be proportional...now of course as a canadian you would rather spread the worse.

stockitnow wrote: Won't be surprising if AB shuts a220 production in Mirabel and concentrates it in Alabama. Some aviation outlets are also thinking that a stretch a220 might replace a320neo as cheap alternative now that covid has disrupted future R&D cash flow for a next 5 years and no new technology is coming either. Boeing wont be able to match a220 stretch performance unless they spend tons of money on their version of a220. Money that they dont have. Regardless thanks to GoC and GoQC short sightness we can add C series to the same list as Avro Arrow.

clubhouse19 wrote: https://www.flightglobal.com/airframers/airbus-reduces-north-american-operation-looks-toward-aerospace-recovery/139779.article