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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
Comment by jamesb14on Oct 17, 2017 7:47pm
169 Views
Post# 26823848

RE:RE:A Sad Day

RE:RE:A Sad DayBombardier was between a rock and a hard place. To stay number 1 or 2 in business jets requires cash. To scale up the CSeries requires cash and lots of it. To revamp the CRJ requires cash. Rail is the one asset that’s generating cash but not enough to make up for the lacklustre business jet market for the past 10 years, the decline in the CRJ and Q400, and the investment in 3 different aircraft programs at once. Bombardier had to make some key decisions to protect the CSeries program and aerospace in Quebec and partnering with Airbus to gain scale and buying power was the right move. They bet the company on the CSeries and buckled at the knees under a series of poor decisions and a level of investment that was too much to handle. Now they can focus on business jets first and decide the best course of action for rail and CRJ (I’d sell the Q400 program and re-engine the CRJ to beat Embraer. I’m sad that they couldn’t pull it off against Boeing and airbus but pride alone couldn’t fix this conundrum.

cseriesaddick wrote: Calchas:

«The only possible hope for Canada to keep the cseries now, would be for the government to reject the deal. And I hope they do, in order to preserve it with its rightful owners»

100% in agreement with you. Do they have the nessary guts? that's another story. Trudeau should say to Boeing:

«you witdraw your complaint against the Cseries and we block the Airbus-Bombardier deal».

We now have some leverage against Boeing. Why not use it to preserve this wonderful product and our natioinal pride?




Bullboard Posts