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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 balmusetteon Jun 30, 2020 10:24am
143 Views
Post# 31207279

RE:RE:RE:Cirque is a company worth saving, Bombardier is not

RE:RE:RE:Cirque is a company worth saving, Bombardier is notMartel said that for the moment BBD doesn't need GVT's help. Obviously this is a good sign. Begging for more money would have meant they were a step closer to bankruptcy; so things are not as bad as expected.

They are smart people and they can manufacture excellent products and make money ( look at BRP ) . For whatever reasons they made a daring decision that could make or break the company ( C-series ) and they lost their gamble.
 
The planes are superior to any other in the same category , but they were competing against bigger companies backed by their GVTS, something you don't see here, and while a protectionist administration ruled in the USA the biggest potential market for the planes.

It seems that by selling BT,they will have a beak from their creditors, and that will give them time. It is all they need, for they will be able to concentrate on BT and continue to build but on a larger scale planes that will be popular with the richest 1% , the big corporations and aviation companies using smaller planes.

The odds are better that they will survive they will be succesfull again. 
Bullboard Posts