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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

Post by balmusetteon Jun 30, 2021 11:36am
379 Views
Post# 33473196

Time to buy ?

Time to buy ?Unfortunately it seems that Covid variants will be with us for a while.

This will scare more people who need to travel into switching from large airplanes commercial travel to smaller business aircrafts; at the least they will check what these business jets operators have to offer, something that they might never have considered before.  

Sharp business aircrafts operators will then offer different flying arrangements to accomodate these potential new customers at a cost generating profits while being affordable for the customers.

If this scenario materialises, business aircrafts manufacturers will have a hard time keeping up with the demand for their products for while there are a limited amount of rich people who can buy business jets  there are an unlimited amount of business travelers who could use safe travel with business jets instead of mass travel with all its negative aspects.

If there is more demand than the capacity to manufacture, we all know the answer to that.

One thing is sure IMO, it is not the good time to sell.


 





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