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Bombardier Inc. T.BBD.A

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

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

Comment by stockitnowon Dec 11, 2022 4:16pm
206 Views
Post# 35164928

RE:RE:RE:RE:RE:Some toughts

RE:RE:RE:RE:RE:Some toughtsJet card is for jet sharing like netjet, Flexjet etc.  It doesn't include business who own their own jets, private owners, and many smaller companies that manage jets for others.

If you read ainonline, air insight etc.  you would see a lot of private aircraft were down for maintenance and or interior upgrades.  Used jet aircraft price are still high. So yes usage was down, but I am not concern about it.

Truthifest wrote:

temp, I got my private jet flight numbers from Doug Gollan's Private Jet Cards Comparisons site, which I think gets it's numbers from WingX.  They show global, US and Europe activity having decreased for a bit, but still up for the year-to-date and especially compared to 2019.  So, the recent trend has been down.  


For "week 48" (ended Dec 4, 2022), total global departures were 66,755, down 9% from last year, and for the four weeks ended Dec 4, down only 5%.  IIRC, it was down the previous month, too, compared to last year.  So it's cooled off a bit, it seems.  Still, up a lot from 2019, and up 7% from week 47.  

Hopefully the cool down tapers off to an ongoing higher than 2019 rate,but it is a risk for new order expectations by Bombardier investors. I think 859 may even be assuming the Company increases production 15-20% annually beyond 2023.  The Company has not guided to that at all, IIRC.  If they did, at the 2022 Q4 call in Feb or during Investor Day prob in early March, look out above!



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