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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
Comment by pablo87on May 09, 2020 5:44pm
161 Views
Post# 31007784

RE:Pablo: BT is offloaded now =excellent proposition

RE:Pablo: BT is offloaded now =excellent propositionThanks for trolling...

Actually, they have to do all 3 parts asap  - if the business is going to be down 30%, they're going to have to cut a lot of people...

Gulfstream is projecting a 15% drop in revenue and down 27% in profitability but still >>> profitable than Bombardier business jets (which actually is unprofitable).  And this is what THEY announced:

1 Further actions under way to match overhead with volume

2 Working with suppliers to limit supply chain disruptions

3 Significant actions to reduce costs

4 Some slowdown in service work due to travel restrictions

And of course Boeing already got $13B loans, $17B bag of money and $25B loan (oversubscribed by 2x) at excellent rates (I'm trying to decide which one is better - Alstom 0.5% for 3 years or Boeing 5.5% for 40!!! years) already.

What is the expression?

"Ils dorment au gaz"  ils = Bombardier, CDPQ, IQ, Ottawa
Bullboard Posts