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.

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Bombardier Inc. > Used jets inventories

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Comment by BBDB859on Jun 22, 2024 10:23am

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Post# 36101467

RE:Used jets inventories

Good news. Bombardier's lower inventory increase is far better than everybody's at 2% of increased inventory. Every other OEM is at 17% and higher. This effeciency in the company is starting to show in a lot of different ways. When we started to specialize on one product only, the effeciency started to show quickly. This is a important fact to the growth of Bombardier, Their focus is starting to pay dividends too. This and Pearsons ability to produce more efficiently as well will increase the company's revs, +FCF and make them the leader of Buisiness Jets OEM's.

Tempo1 wrote: By Jefferies published on Aviation International news

Inventory of preowned business jets for sale this month is up 18% year over year and 1% higher month over month, according to an analysis from Jefferies Equity Research and using data from Amstat. Year to date, inventory rose just 2%.

For jets less than seven years out of production, there was a 17% increase, with inventory sitting at 3.9% of the fleet. The increase was across midsize (+28%), large-cabin (+13%), and light business jets (+15%). Pricing contracted 7% YOY and 2% from May.

Used business jet inventory among the top five business jet OEMs—Bombardier, Dassault, Embraer, Gulfstream, and Textron Aviation—stood at 3.8% in 2024 versus 3.6% last month and 3.3% last June.

Bombardier fared the best, with inventory of its jets rising by just 2% year-over-year, to 59 aircraft. The rest of the top OEMs saw units for sale climb by double digits YOY: Embraer and Gulfstream, both up 27% YOY, to 32 and 90 aircraft respectively; Textron (Cessna Citation), up 28%, to 137 jets; and Dassault Falcon, up 47%, to 25 aircraft. Meanwhile, prices for preowned Cessna Citation, Gulfstream, Embraer, and Bombardier jets fell, but increased for Dassault Falcons.