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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

Comment by Guillaumeon Feb 12, 2021 9:26am
114 Views
Post# 32550715

RE:RE:Canada should demand their money back

RE:RE:Canada should demand their money backActually it was to little to late.
I mean, if you give money, it s to keep the control. 
Losing the control, you are losing everything.

As usual when you don t have the control, the only you can do to (Sauver la face) is to ask the company to make public statements like, we promise to keep all the jobs for 10 years. But, 3 years later they will cut, and 20 years later you look arround and there is nothing left.

And it s just normal.
Just, think about what a french or german guy is going to do when he have to take a decision about a new factory, or when they need to cut jobs, what will be his decision?

So, yea, by doing to little, this is a complet lost.

After, thinking about money for this kind of plane is a mistake. 
A plane like this dont make money, it cost money, but in return you creat good jobs, you have good engineer scools, you create a pool (Ecosysteme), and you invest in technologie to improve your national independance.

The investment you have to do to have this Ecosysteme is huge and priceless, and will give you your money back 20 or 30 years later but not before. 
So this it s more about a national project to be supported with public money, and it s a matter of national independance. So yes, Airbus was a political project as a start (Now he is so powerfull that they dont need it annymore, but, we are 40 years later), COMAC sure is naitonal project for the chinese, Boeing is also for the US, the russians are coming back to...
But a private company, without public money, going into this, it s was crasy bet actually.
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