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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

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.


TSX:BBD.A - Post by User

Bombardier Inc.
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Comment by stockitnowon Feb 07, 2020 9:56am
65 Views
Post# 30657466

RE:Anyone remembers Triumph?

RE:Anyone remembers Triumph?You are twisting the fact to fit you narrative. Triumph builds wings and aero structure for many suppliers. The contract for then global 7000 saw Triumph loosing money on that contract. Both bombardier and Triumph settled the dispute out of court but Triumph had under bid the price and the wing assembly for global was a loss making contract for them. Cessna never had any interest in buying wing assembly line for global 7000. Long time ago Triumph also used to make wings for Gulfstream aircraft but Gulfstream too has brought their wing assembly in house. Now the Triumph global wing assembly is owned by Bombardier so explain how does a wing assembly owned by the same owner as the customer of those wings loosing money selling the wing to itself?
pierrelebel wrote:
In early January last year Bombardier announced a deal with Triumph with Bombardier buying their division manufacturing wings for Global aircrafts.

link to story

On February 7th, exactly a year ago, Triumph announced the deal had been completed.

link to announcement

Guess what?

It appears that Textron is not interested in that division.  It is a money loser and could be a deal breaker!


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