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Bombardier Inc. T.BBD.A

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

Bullboard Posts
Post by oldmanmikeon Apr 07, 2016 5:18pm
161 Views
Post# 24742643

Did all the projects in 80's and 90's

Did all the projects in 80's and 90'sThis was my old comp[any. They basically kidded me out in April 2000 because 1) I didn't speck french and 2) they were out of cash for new airplanes. I did the business plans for the regional jets 50, 70, 90, and at the time C-series aircraft. I also did the Dash 8-400, Lear 60. Lear 45, Global Express, and a couple more reditions of various aircraft.
The C-series aircraft was red flagged at the beginning for beginning a brand new airplane....airframe and engine. This for those who don't know is never done. You develop a new airframe with and existing engine or vis versa. At that time their non-recurring inventory for developing aircraft was $3 Billion. They were spent by 2000. They needed to produce and get their inventory down. They didn't. The stock peaked at about $42/share in May/June 2000 and has been in a tail-side for 16 years. Now, a whole new generetion is there and haven't got the slightest idea of what needs to happen. This company is screwed! They can't compete now with 9-10 Billion in debt. Can anyone say "Life-Support". By the way, I was involved in getting this company through 5 or 6 stock splits during the 80's and 90's and getting their sales from $250M to $7.5 B. (about 30x). Message to L.Beaduion ...guess who I am. This company is Canada's greatest embarrassment. Bunch of egotisical D*ck-Heads. Get the F**k out of this company, it's going done.

Cheers to Ron B., Robert W., John H., et all if you're still alive.
Bullboard Posts