RE:RE:RE:RE:RE:RBCI was surprised in may when they said that they forecast a steady 150 deliveries per year. Since then, i suspect that they did that for a ''strategic'' purpose.
Remember that the goal of the may investor day was to defuse 2 of the elements that prevent the SP from rising. These elements were in many discussions about Bombardier.:
- Bombardier has to built a new model from a clean sheet. That will consume a lot of capex.
- Bombardier as a pure player will be too stick to the Biz jet market , a highly cyclical industry.
They show that with a moderate pace of production, the growth in service and military, two non cyclical operations, they will have soon 50% of their revenues with non cyclical operations. A kind of diversification.
That investor day was a success, all doubs were gone, the SP took off.
That being said, that was not financial objectives like the 2023-2025 plan, only a presentation about what the 2026-2030 period could be. I'm not sure that they will stick to the 150 deliveries, if they could pick orders, they will. Losing market share was not in their strategy.