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

Industrials Aerospace & Defense

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

Bombardier Inc. > Deutsche bank predicting major recession !!

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Comment by flamingogoldon Apr 26, 2022 3:46pm

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Post# 34633420

RE:Deutsche bank predicting major recession !!

Sounds extreme. Like March 2020 and March 2009... and yet we recovered.

Inflation will suffocate debt pigs and tech the most. It's already more than half way through the crash with the Nasdaq more than 20% down and individual tech stocks slaughtered by more than 50%... NFLX, META, BABA, SPOT, SHOP, even AMD and soon AAPL will miss and get trashed too.

Debt heavy individuals and corps will take it on the chin. BBD is already paying the price but luckily they cleared the runway for 3 years and the chance is good we will be through the worst of this by the time the next debt payment is due. Also, private jets are more recession-proof along with the now added Defense division.

Watch the VIX, we are over 30 and that is usually panic territory and we can get up to 42 for max pain. Above that it gets serious again.