RE:Advantage Bombardier Hey stock.
This Honeywell suit will bring a lot of money to the Bomber. Something like $450M, and it's all going to the debt. Honeywell is on their last resort here with the supreme court of Canada trying to appeal this decision of the Quebec court award to us. Honeywell will pay the settlement by the end of next year to us. As for Belfast I'm still not convinced that we should get involved unless it's very beneficial to us. Let Boeing take all the losses from Spirit and in the end we just walk in and take Belfast for free, including some cash in hand from them.
stockitnow wrote: Cessna still on strike, Boeing still on strike, Gulfstream delivery slowed, now Airbus supply issues reducing their delivery numbers for 2024.
https://www.bnnbloomberg.ca/business/2024/10/08/airbus-2024-delivery-goal-becomes-a-stretch-as-supply-woes-bite/
Bombardier should be getting all their parts on time, as I imagine suppliers are not delivering to the above mention OEM's at full rate.
Bombardier's Q3 report will be interesting. More to be known about Belfast plant ownership and Honeywell lawsuit.