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 23, 2024 10:45am

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Post# 36102176

RE:RE:RE:RE:RE:RE:RE:Used jets inventories

Thanks for the article Stock.Your research is always infomative as usual. This article in particular made more sense of what's going overall in the industry.

IMHO, it just goes to show us that Bombardier made all the right moves, starting with the divesting of the Train division, building Pearson, and all the Service centers, at the right time. In any industry, you have to spend money to make money. But you have to know what you're doing, and how to to do it. Your timing has to be even more critical. The stars aligned with us when all these dicesions were made.

This is an unbelievable comeback story, aside from all the undeserved shorting that is still going on, this SP should fly in the next 2 to 3 years. And it deserves too. IMHO they just aligned themselves to become the # 1 business Jet OEM of the future.

stockitnow wrote: There is a chart in mid article showing trend on business jet inventory.

https://www.forbes.com/sites/douggollan/2024/05/10/measuring-the-private-jet-market-in-2024/

BBDB859 wrote: Ya, I don't remember who it is. It would be nice to see if there are any changes from the last time he posted them. I think they were close to 20.5%

MyNameIsNobody wrote: I don't remember who, but someone has been posting info on institutional ownership and it keeps looking better and better.

The company is, and will keep on, getting its due for all the hard work.. this year and the next one, at least.

Next week should confirm that we'll have good numbers for Q2 as well.

BBDB859 wrote: You are probably right on the accumulation from Institutions. I'm sure that the percentage is probably more than 21 to 22% by now. I just wanna see this company get it's due from all the hard work they put into this turnaround. They deserve the notoriaty for such a great job on the LTD.

Tempo1 wrote: I share your enthousiasm.

I enjoy these times, all the indicator lights are green except perhaps the supply which is yellow.

The 2,6 M shares transaction yesterday morning is an indication of accumulation.

I suspect institutional ownership is higher than the 20% shown by financial sites. The compilation may be monthly or quarterly, so the May binge may not have been calculated.