RE:RE:GulfstreamSkyisthelimite wrote: 3000 planes=3.3B VS 5000 planes=5.5B..U$...we are not there yet but the potential is huge. And I dont need to remind you that that division has 20% margins
Gltalongs
sky, agreed. although I don't know the make up of Gulfstream's current >3000 planes they service vs BBD's. I have to assume its made up of larger planes vs mid size given sales and since larger planes have a higher $ service than mid I don't think you can do a linear, but I get your assumption.
regardless there is substantial growth that BBD can get in the service department. BBD is saying 50% growth thru 2030 in services which I think like guidance is conservative. I believe services are closer to 25% than 20% margins.
Assuming $2.0B in 2024 I'll take a guess at 75% growth which is $3.5B by 2030.
859, you are good at this stuff too, want to weigh in?