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.

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Bombardier Inc.

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Comment by pablo87on Jun 16, 2020 1:35pm

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Post# 31156484

RE:RE:RE:What do we expect from Bombardier AGM?

Righto Pierre. While he's at it, might as well write off half the assets, suspend bond payments and stop paying wages.

pierrelebel wrote:
Shamhorish - What to expect? Not much.

However, it would make sense for the board - at this time with Martel coming in - to write off the "goodwill" still listed as an asset in the books (goodwill is related primarily to the DaimlerChrysler Rail Systems GmbH (Adtranz) acquisition in May 2001).

It would not surprise me if they announced the suspension of dividends on three classes of preferred shares, making it easier for them to negotiate a "bridge loan" with the government..

Just a personal opinion. Time will tell.