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