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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

Comment by Acuras1on May 27, 2022 12:14pm
209 Views
Post# 34712398

RE:I buy A shares rather than B shares

RE:I buy A shares rather than B sharesThe dual share structure is about control of the company and not about ownership of the company. Given the intrinsic value of the shares are exactly the same, I have no idea how you would explain better treatment for owning A shares versus B shares. Also keep in mind the family does own a lot of B shares as well. Any new number of B shares issued or retracted has to be reflected on the As.

My thoughts are that loosing the C Series was a very HUMILIATING & HUMBLING occurance for the family. It simply came down to either loosing the whole company (chapter 11 plus) or loosing this great airplane. 

I believe much of the decision to pursue the (grandiose with hindsight now) C Series project was based on the fact that Bombardier had a tremendous success with its Regional jet, eventually selling 2,000 +. (by the way servicing them now is good revenue).

Despite much criticism from the markets at the time for as a highly leveraged company, the RJ eventually became an enviable success. Laurent Beaudouin in the late 1990s had an enviable track record.

My point is the family not only has $$ skin in the game with a considerable number of common and
preferred shares, but is aiming now to make the last division of the company private jets another success and recoup at least some of the family's business reputation. It's not often to see insiders own more than 10% of a company.

GLTA
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