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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.
Bullboard Posts
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(234)
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Post by stockitnowon Feb 13, 2020 5:29am
209 Views
Post# 30684028

591 net

591 netBit more detail given on flightglobal site. 531 mil paid immediately and 60 mil paid over 2020-21. Bombardier is also released from future funding capital. No mention on the article but i am assuming that bombardier portion of pension liabilities for ACLP employees are also taken into consideration. 591 is low but its net and immediate money coming to bombardier. Hopefully the rail sale does happen and brings in few billion to bombardier. Most cash flow drain was from a220 and legacy rail investment commitment. This 6 billion dollar c series screw up is with Beaduion doing. https://www.flightglobal.com/news/airbus-takes-75-of-a220-programme-as-bombardier-exits/136722.article
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