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Bombardier Inc. T.BBD.A

Alternate Symbol(s):  BDRXF | BDRAF | BDRBF | T.BBD.B | T.BBD.PR.B | T.BBD.PR.C | T.BBD.PR.D | BOMBF | BDRPF

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

Comment by lb1temporaryon Jan 06, 2021 9:26am
278 Views
Post# 32231676

RE:RUMORES SAYS THEIR MIGHT BE COMPLETE SHUT DOWN FOR 4 WEEK IN

RE:RUMORES SAYS THEIR MIGHT BE COMPLETE SHUT DOWN FOR 4 WEEK INIf a shutdown were ask for industries we know what that means for Bombardier. If not, read the Conference call transcrip; Martel and officers described with details the cost of the first shutdown in march; 2,25 B$  " part in losses and part in negative Free cash flow. He explain that parts ordered and delivered inflated the inventories  without being able to be added to the delivered planes. That are the consequences of the 120 deliveries instead the 145 projected for 2020. That why Bombardier got an additional 1B$ line of credit in 2020 (secured by excess inventories).

So, why taking a chance, I sold all my 180,000 shares yesterday morning. I will review my options thursday in the light of the Government decisions.
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