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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

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

Post by ITSUP2MEon Nov 29, 2024 8:54am
174 Views
Post# 36337145

Tidbit

Tidbit322 GMT - The threat of a 25% tariff on all things coming out of Canada sent Canadian business jet maker Bombardier's stock sliding lower. However, TD Cowen's Tim James says that if the tariffs are a negotiation strategy, business jets coming out of Canada may not be burdened by a price hike. "If correct, current weakness, which could persist short-term, is a great entry point, in our view," he says. Even if tariffs get applied, customers who can afford business jets can likely "take delivery/register aircraft in other countries regardless of residency, so a workaround may exist for an unknown proportion of U.S. customers." Shares are down 11% since Monday at C$94.60 but still up 78% year-to-date. (adriano.marchese@wsj.com)
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