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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 Jun 06, 2020 9:23am
143 Views
Post# 31119766

RE:RE:Back to 1$ soon, political posturing, the silence is over

RE:RE:Back to 1$ soon, political posturing, the silence is overThis is not the safest investment...I was up to 2% of portfolio, maybe I should reduce to 1%! I don't think it will be onerous the govt loan terms but the longer term problem will remain - the expensive commercial debt. The business "model" can't afford expensive debt - it also can't afford to buy it back at a premium. This probably doesnt solve this. Canadians an Quebecers may not all be sophisticated investors but they can smell a govt boondoggle. By the way, the country is as united as ever - everybody is sick and tired of bailing out Bombardier. Nowadays there's all kinds of leaks and insider trading, the bonds already moved up for a reason..they're being bailed out just like we shareholders are. Really what should happen is it should file for bankruptcy and everything restructured there. Debt would be wiped out, company would get a fresh start. Family could even do a pre-packaged investment if they wanted to. Helas...
Bullboard Posts