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

Industrials Aerospace & Defense

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.

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Bombardier Inc.

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Post by jamesb14on Oct 24, 2017 1:11am

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Post# 26848587

Air Baltic buying 14 more CSeries

From their website: Air Baltic Carries 500,000 passengers on Bombardier CS300

"By the end of 2019 airBaltic plans to have 20 Bombardier CS300 aircraft in its fleet. By 2021, as an all-Bombardier operator, airBaltic will have one of the youngest jet fleets in Europe. With the next order, already being negotiated, eventually, airBaltic will increase the number of Bombardier C Series aircraft on its fleet to at least 34."

Air Baltic wants their place in line and to secure the pricing they were negotiating on. I'd expect to see an order from them for 14 CS300 plus options within the next 3 weeks. Those that were looking seriously at the CSeries will now want to quickly secure their place in line.

On top of that, a few countries are seriously pissed at the Americans and will look at the CSeries/Airbus combination favourably, likely contenders in the next year could include - UK (EasyJet, British Airways), Canada (Westjet), Qatar.

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