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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Post by Bookendson Mar 18, 2020 2:06pm

213 Views

Post# 30822566

Bankruptcy

Can someone please explain to me why everyone is freaking out about Bombardier going bankrupt?

I mean, they sold the operations in commercial and transport...That won't close for a while, fine, but it'll be a good cash injection.

Have they shut down production on everything as of yet? And even if they did, would it be such a bad think considering their paying hefty wages to unionized workers and actually losing money on the production ifself? Hell, maybe for them to shut all production till the close of the divisions would be benificiary in the long term.

I'm honestly asking, what am I missing here?

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