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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

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.


TSX:BBD.A - Post by User

Bombardier Inc. > Q2/24
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Comment by stockitnowon Jul 12, 2024 2:51pm
147 Views
Post# 36130632

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Q2/24

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Q2/24USD is the currency used in Aviation.  All contracts and yes for Airbus (except internal to Euro zone) are done in USD.

USD greenback is more stable and since the early  days of avaition when America dominated Aviation, the  default became USD.  

Also Bombardier uses USD as they have more non Canadian suppliers and customers.  Imagine the headache of converting each sales contract from their local currency to Canadian and then converting it to another different currency to pay suppliers.

Embraer is listed in USA and reports in USD because unlike Canada, the Brazilian stock exchange is not as established and has less visibility then TSX.  And bombardier evolved from Canadian small company to multinational business so they continue to list on TSX.


trademorestock wrote: Nobody -Ive written to RBC to see exactly how they calculate their detailed price target.  He is away today but back Monday and will share once I get the info.

I am still confused why bbd keeps the books in USD when they have no interest is being on wall street


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