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Bombardier Inc. T.BBD.B


Primary Symbol: T.BBD.A Alternate Symbol(s):  BDRXF | BDRAF | BDRBF | T.BBD.PR.B | T.BBD.PR.C | T.BBD.PR.D | BOMBF | BDRPF

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 BBDB859on Aug 28, 2024 2:00pm
177 Views
Post# 36199766

RE:How business jet financing works

RE:How business jet financing worksIt's quite a racket this BJ financing. The prices are huge and the rates are heavy duty. The Residual value, or apraised value at the end of the lease is a problem too. Who knows what the value could be in 15 to 20 years? The funny part is, that the title isn't guaranteed by either the Bank nor the Seller. What a racket for lease's. The plane could be in shambles when you get get it, and the value of it, is another problem. You might have some hefty payment at the end of your lease period. You gotta have some huge financial cahones to own one. The risks could go into the $5 to $10 millions, if you don't know what you're doing. Bombardier is in a good industry, and their CPO program will do well, since they are the OEM, and can give some guaranties on the condition of their product. The other thing is that they could even get into the financing business if they want to expand. Not the time yet IMHO.
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