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 mnztron May 11, 2020 9:33pm

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Post# 31014860

State of BBD

So based on BBDs comments about 800M of the cash burn was inability to deliver due to Covid. So actual cash burn will be about 800M which still sucks. Their "liquidity" of 3.5B INCLUDES the CRJ sale and 600M in credit facility. So they only have around 2.1B in cash now which is getting pretty "sporty". The wage subsidy may go a long way to restoring cash, if they get 1 quarter of wage subsidy..that is a LOT of cash. But without govt help they are in kinda deep kaka. Thinking of dumping my prefs..not sure ..hmmm. If they get the subsidy, and can deliver the planes, they could end up much better cash wise in 2nd half of Q2. Remember Q2 is already half destroyed in an even worse way then Q1.

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