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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

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.


TSX:BBD.A - Post by User

Post by Bullvsbear99on Aug 25, 2020 2:27pm
658 Views
Post# 31451442

Not looking good for airlines

Not looking good for airlines So many airlines laying off employees and this is just the beginning. Summer isnt over and airlines are already cutting back from already reduced fleet size and flight frequency. By luck bombardier is out of commercial aircraft business. Belfast is holding fairly well so far and with UK providing support after they are out of EU they will be alright. But if Spirit buys them as advertised then that is very good too. Although based on some recent reading Spirit doesn't have enough money to buy it. Airlines laying off and reducing size could see increase in bizz jet travel. https://www.flightglobal.com
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