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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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(294)
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Post by pablo87on Mar 25, 2020 3:02am
309 Views
Post# 30844429

Boeing CEO 18 minute interview

Boeing CEO 18 minute interviewHave a listen. You will realize Bombardier is not so bad as they can't rely on defence contracts, favorable trade deals, low interest rate loans and a govt mandated and Boeing entitled duopoly.

Boeing is definitely cash strapped. Another thing we learned is the whole company revolves around govt - defence business; trade deals; govt assistance; approval of bad plane design (737 max);  maintaining the duopoly.

Finally we learn that for Boeing their BBB credit rating and the interest rates it entails 6%+ means credit markets are closed to them which is why they need govt loans.

And yet Bombardier has been forced to pay 7-8% for years, even 15% to Caisse.

No wonder Bombardier has been dismantled. The question is, by whom?
Bullboard Posts
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