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 pablo87on Apr 27, 2020 1:17pm

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Post# 30958304

RE:Ottawa comme toujours pour l'aeronautique - Wait and see

Ottawa is this big, friggin slow bureaucracy. Logically, since they have subsidized wages for affected businesses, and subsidized rent for affected businesses, they should subsidize interest for affected business which of course would greatly help Bombardier as interest is a big cost to them. In addition to cash on hand and asset sale proceeds, I guess Bombardier needs $5B as close to interest free as possible to buy back that expensive debt. Reasonably speaking, $3B from CDPQ and $2B from Ottawa would make sense to me. IQ could do the $2B as well I suppose... but Legault being practical and an accountant, probably much prefers to have Ottawa do their part (as they should).

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