RE:Winner either way@Flaming, totally agree.
The company is benefiting from so many tail winds (no pun intended) with much of the head and cross wind out of the way. I think we are well cleared of turbulance, and now flying into a clear blue sky. The demand for business jets is going higher and higher. In fact, we should be raising our prices! $100MM for the G7500. Nice clean number.
With the new Mississauga facility, our operations will be lean and mean, driving up margins and kicking back to the bottom line.
I for one would like to see the company take a combination of debt repayment and share buybacks witht the piles of free cash flow coming our way over the next 5-7 years.
We don't have to pay back all the debt... some debt is okay and manageable. Depends on the capital structure at that time. If we can grow 4 or 5x from here, reach a market cap of $20Bn, then $4 odd billion in debt is not much of an issue, especially if we can get lower coupon rates on future refinancings! Then let the free cash flow trickle down to us investors in the form of share buybacks.