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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
Post by stockitnowon Jun 19, 2020 6:48am
239 Views
Post# 31168094

Mixed industry news

Mixed industry newsCNBC is reporting that business jet demand is up to 70% of its normal operations far exceeding airline demand which is at 15-17%. And new interest and sign up was almost double at Netjets. On the other hand Cessna just announced that 1950 employees are getting laid off. Also AIN online is reporting 15% price drop on pre owned bizz jets. We are seeing industry making cuts to meet current reduced demand but this demand is slowly going up faster then airlines. When economy is fully opened then maybe more companies will looked traveling in bizz jet then bizz class in an airline.
Bullboard Posts