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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

Comment by Tempo1on Jan 07, 2025 1:23pm
111 Views
Post# 36392697

RE:RE:RE:Deliveries

RE:RE:RE:DeliveriesFrom The US customs site: 

The following vehicles do not have to meet emissions or safety requirements, but may NOT be sold in the United States and may require EPA and DOT declarations:
 
- Vehicles imported by non-residents for personal use not exceeding one year. The vehicle must be exported by the end of that year - there are no exceptions or extensions.

That is the rule for a non resident and that rule is an accomodtion for touristic purpose. 

A US citizen living in USA  would not be able to argue that he use his foreign bought car for touristic purpose. For him, It's an imported car. There are different rules for residents. 

Foreign-made vehicles imported into the United States, whether new or used, for personal use or for sale, are generally subject to customs duties at the following rates:.......

There is only few tight exceptions like that one: 

 -U.S. citizens employed abroad or government employees returning on TDY or voluntary leave may import a foreign-made automobile duty-free, provided they enter the United States for a short visit, apply for nonresident status, and export the vehicle upon departure.

 
But anyway, what is the economic rationale if you live in USA to left your jet in Canada, paying extras ( pilots residence, adding flight hours and paying fuel and landing fees for empty flights )  each time you need it ?  

 
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