RE:RE:How much of Bombardiers clientele is Russian? Anyone selling from this ban on Russian clients which is only 6% of their total and easily filled by the enormous backlog is a victim of the fear. The stock sold off 33% from it's recent plateau at $1.75 which was already 33% down from it's recent highs. A double 33% move down. Oversold period
stockitnow wrote: I think someone had asked this question on the last Quarter call. Bombardier said it was 6% and those could be easily reassign to other customers as customization of the aircraft hasn't been done for the Russian client's yet.
mnztr wrote: I wonder what the business impact will be. Now many fewer Vistajet and Netjet flights etc will there be and will any orders be differred. I am saying fuel costs will have NO IMPACT even if oil hits $300 as these clients are just in a differnt snack bracket and fuel is a rounding error in private jet cost. One Russian Oligarch has an A340 as his personal jet lol.