How is Bombardier going to pay down their debtHow is Bombardier going to pay down their debt*-
The CSeries does not generate profits -the costs out weigh what The Bomber is receiving for the planes sold so far-
also-the percentage The Bomber now owns has shrunk -
The transport division is our winner -this is where the monies come in -
We have to find a buyer for the Downsview land and use a large portion of whatever we get to go against the debt-
There might be divisions of the company that has to be sold -
Going forward the sales department will have to do better -i know that margins have improved but with a debt of 10 billion roughly how many planes-trains will it take to get rid of the debt-a very difficult task -
At the next meeting that i am looking forward to-i have many questions for Bellemare and his team -
I have a very large position in The Bomber,i want to see constructive action on their part-
Let's hope they get it done right-