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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 ERTguyon Jan 14, 2017 10:41pm
242 Views
Post# 25709299

What a fantastic way to end the week

What a fantastic way to end the weekSeeing this monster close near the 52 week high with monster buying into the close can only signal positive momentum going into next week.  The positive remarks from scotiabank and more importantly, the fantastic reviews from Air Baltic regarding the C-series can only strike a positive tune to the world market on the product performance.  It's reviews like these that will catch the attention of other airlines globally and inevitably generate new interest for C-series orders.  All Bombardier needs to do now is stay the course with deliveries.  Hopefully we see issues resolved with P&W as I see this as yet another near term catalyst.  Next obvious price resistence will be at 2.79 going back to early 2015 when there was significant resistence at this price point.  IMO it will take the combination of improved Q's, new C-series orders and government funding to blow through this resistence and beyond.  Cheers
Bullboard Posts