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Bombardier Inc. T.BBD.A

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

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 PabloLafortuneon Mar 10, 2021 11:41am
122 Views
Post# 32762893

RE:RE:RE:RE:RE:🚂South Africa seeks to cancel ‘unlawful’ BBD contract !

RE:RE:RE:RE:RE:🚂South Africa seeks to cancel ‘unlawful’ BBD contract !These negative articles on old contracts has minimal impact on BBD stock IMO.  If anything, its proof that bombardier did the right thing to unload BT.  The issue right now preventing the stock from going higher is the sense of DEJA VU (remember Bellemarre's $25B revenue target? good times. Well it has been replaced by EM's $7.5B pure play...) post investor conference.  What investors want is tangible, show me the money proof that business jet is doing well, that debt is being refinanced, that they're not burning cash on a quarterly basis, that there are no more skeletons in the closet, etc...  I don't think there's a quick buck to be made here, its more of a long term play.  Good thing is, all the money burning and headache enterprises are gone, overhead is being whittled down, the debt while still high is actually manageable, the economy will open up and the industry will probably boom, they are still the #1 or #2 business+ jet company in the world, the focus on services is a no brainer, and in case nobody has noticed, the portion of BBD jets used for other purposes than business travel appears to be increasing.  Absence of any other tangible news, Q1 is the next event.  Until then, enjoy those Globe and Mail articles (talk about turning your brain into mush)!
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