RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Bombardier quitte son siège social de MTL pour DorvalYes, Micmar, that is a good point.
If we assume the Alstom deal closes at end Q2 2021, BA will have to carry the full debt for 5-6 months until Dec 2021. By Mar 2022, BBD will have used a good portion of the Alstom proceeds to reduce long term debt by about $2B. This will leave about $1.2B due in Oct 2022. Assuming BBD is able to make that payment (although it is far from certain they will be able to), BA will have to carry the remaining long term debt of about $6.2B at around 7.5%= $465M/year.
BA has to get to the point where they are consistently generating more than that per year, and they have to do so before Jan 2023, when the 2023 debt is due.
Jim
Micmar wrote: Jim, BT is still ours for 2020
Jim99999 wrote: And how is that going to pay $700M in interest?
Jim
Shamhorish wrote: before covid BA used to deliver between 126 -may be 146 business jet per year
they expect 30 - 35% reduction in delivery in 2020
146 - 35% = 94 let us say 100 bus. jet will be deliverd in 2020 and so on
bus jet price rang is from about 25 mil - $70 mil
i think BA can make average net frofit of 4 mil per bus. jet,
$4.0 mil x 100 = 400 mil