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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 justbull4uon Oct 19, 2017 1:16pm
94 Views
Post# 26832377

RE:RE:Can bomber change the deal with Airbus!

RE:RE:Can bomber change the deal with Airbus!YES...the deal CAN be changed.  As you said "cseriesaddic", if the parties agree.

SO, if all the parties to the contract (Bombardier, Gov't Quebec, AirBus) can negotiate a BETTER DEAL that would also include the CHINESE, to better compete with Boeing, then the contract can certainly be amended/modified/changed etc.

A deal that would include the Chinese certainly seems like a good idea!


cseriesaddick wrote: Actually, it can't, unless Airbus agrees to make an amendment to the current agreement. Think about an offer to purchase a house. Someone makes the offer, which is accepted by the seller. Then the seller changes his mind and doesn't want to sell his house anymore. In such a situation, the buyer can introduce a legal action against the seller to force him to transfer the property of the house.

Basically, it's the same thing here. The agreement is however conditional. Certain conditions, such as the approval of shareholders and government of Canada have to be met before the deal is finalized, but once it's done, then you're bound by your initial acceptance and cannot just walk away and conclude another deal with someone else.


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