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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 lb1temporaryon Aug 14, 2022 11:11am
345 Views
Post# 34895010

RE:RE:RE:Deliveries as of August 12 - Additional Info

RE:RE:RE:Deliveries as of August 12 - Additional InfoYou could be right but my understanding is that he is confident for the full year even if there be some challenges but the Q3 deliveries are almost secured.  Confidence is a positive sentiment ( Full year) but having parts under the roof is an evidence (Q3).

The full picture (from CC):
  • That said, dealing with supply chain pressure is a new normal. Having deployed additional personnel early on was a successful strategy as it continuously helps us identify risk. This mindset and proactive approach started as early as 2020. Right at the start of the pandemic, we secured many small work packages that were at risk and brought them to our team. Today, we are benefiting from that decision through production predictability, and it has also helped create 500 new jobs within Bombardier.
 
  • We continue to expect deliveries in Q3 to be relatively flat year-over-year followed by strong output in Q4.  (From LB1:27 in Q3 2021  So 45 in Q4 2022)
 
 
  • ….we feel that -- that's why -- that's the reason why we are reiterating are greater than 120. And the greater than 120 takes into account some of the risk we have ahead of us, mainly driven by engine right now. So we are being careful, but the guidance we're providing greater than 120 takes those risks into account.
 
 
  • Yes. I think right now, the way to look at it, first -- that's why we're reiterating the 120 for this year. We talked about 15 to 20 improvement for next year. And so far, we are on track to do that. There is some tension in some area in the supply chain, mainly I would say at Tier 2, Tier 3 and sometimes Tier 4 supplier, which we are monitoring very proactively and also working with the major OEM on engine to do so. But I think the pace we're in right now is pretty much in line with what we've been communicating before. And we remain that -- we still believe that it's achievable.
  • ….So I think we'll be in a better place when we talk about our Q3 results because pretty much all the parts will be under the roof here, and we can build the airplane. 
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