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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
Post by BatmanMTLon Feb 18, 2020 11:24am
216 Views
Post# 30703018

The hype is done - nothing left to see

The hype is done - nothing left to seeWhoever posted about new millionaires being born today was cracked. If you bought last 3 days, you gambled, plain and simple. The company is offloading a sustainable business that will be relevant for decades to come in order to prioritize private jets that serve the 0.1%. These products are being challenged and bans are being requested in many jurisdictions. The end is near. The Quebec government via CDPQ certainly won by securing jobs, yielding 15% annual return on their 2015 BT investment of $1.5B. Today they have 2 board seats in alstom and an observer seat. They cashed out of BT. The Cseries is doing well and expanding and the government will recoup their investment overtime through economic impact (employee taxes, supply chain, new firms and investments in region, and obviously payout of the program itself when it becomes profitable). BBD.B shareholders are left holding bags.
Bullboard Posts