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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 Truthifeston Sep 17, 2021 5:01am
382 Views
Post# 33876174

Brian Foley’s forecasts a return to good times

Brian Foley’s forecasts a return to good times

"Our latest delivery forecast at my consultancy anticipates around 700 industry deliveries in 2021 — on par with what it has been for many years. A meaningful ramp-up will begin in 2022 and continue unabated for several years, easily surpassing the 900-unit level for the first time since 2007. The demand will be driven by first-time owners, corporations that hunkered down during the pandemic but are now ready to buy and charter/fractional providers who need larger fleets, by the hundreds, to meet increased market demand. 

The primary industry players who stand to benefit from the trend include the aviation unit of TextronTXT -2.6%, General Dynamics GD -1.8% with its Gulfstream division, Dassault Falcon Jet, Embraer and Bombardier. The improving market has been particularly beneficial to the latter company, which only recently became a pure-play business jet manufacturer, with its future tied to the segment."



https://www.forbes.com/sites/brianfoley1/2021/09/16/business-jet-makers-exit-decade-long-coma-poised-to-capture-long-awaited-market-demand/
 

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