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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 stockitnowon Apr 20, 2023 5:10pm
153 Views
Post# 35406177

RE:RE:RE:RE:Debt reduction and dual ownership

RE:RE:RE:RE:Debt reduction and dual ownership All wrong.  Pratt engines was first selected by Mitsubishi.  Mitsubishi was slowly developing the MRJ and pratt was developing the GTF in Parallel with MRJ schedule.   

Bombardier selected GTF after Mitsubishi and had more aggressive/shorter certification schedule to bring c series before MRJ.  Without the efficiency of GTF, c series would not have been competitive with Embraer E series.  Bombardier knew the risk of accelerated design and certification schedule.  Bombardier was lossing market to Embraer E series and was now challenged by Mitsubishi.

Pratt was still developing the engine when Bombardier started flight testing them on their aircraft.  Engine fire/problem are part of engine development program.  It was Bombardier which took the risk.  There is no conspiracy here.  

In fact Pratt is still having problems with GTF engines and many a320neo are AOG with no engines.  You can fact check everything by web search.

Quebec and Canadian government helped Airbus to protect the jobs.  If AB didn't take c series then the whole program would be scrapped just like the space jet from Mitsubishi.  Without c series AB would have continued selling a319neo.

Boeing claim was wrong and they knew it but it helped Boeing delayed c series so they can sell their MAX. 

Fault is Bombardier management, they didn't even have enough money to cover cost of building production units let alone ramp up.  Also all new models sell at loss, Bombardier wanted premium for c series which was looked down by airlines.

C series is a marvel of Canadian engineering but a financial disaster.  Minus c series debt from today's Bombardier and think of what the sp would have been.  Learjet is another billion+ down the drain.  Also how did Bombardier didn't factor in response from boeing and Airbus with MAX and neo.  Doesn't help when you build cs 100, and cs 300 and have cs 500 trade name reserved.  Boeing and Airbus are not dumb.
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