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Bullboard - Stock Discussion Forum 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... see more

TSX:BBD.A - Post Discussion

Bombardier Inc. > Again negative news at Q Resultat.. unbelievible
View:
Post by Lukegermany on Feb 10, 2021 5:14am

Again negative news at Q Resultat.. unbelievible

https://www.bnnbloomberg.ca/garuda-indonesia-to-return-bombardier-planes-after-ending-lease-1.1561659
Comment by stockitnow on Feb 10, 2021 8:02am
These are CRJ which were leased from Nordic. They couldn't agree on renewal cost. Its not bombardier problem. The writer should know bombardier doesn't own CRJ. This is a good example of how journalism fails.
Comment by Shamhorish on Feb 10, 2021 8:28am
stockiy, you are right the article says it was leased from ""Nordic Aviation Capital A/S and will return a dozen CRJ jets amid an ongoing bribery probe. The airline terminated the contract on Feb. 1 after a series of negotiations on price with Nordic Aviation yielded no satisfactory results, according to President Director Irfan Setiapu"" and if the contract was ...more  
Comment by Shamhorish on Feb 10, 2021 8:08am
HERE IS WHAT IT SAYS, AGAIN CORRUPTION!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! (Bloomberg) -- Indonesia’s flag carrier PT Garuda Indonesia said it unilaterally ended a Bombardier leasing contract with Nordic Aviation Capital A/S and will return a dozen CRJ jets amid an ongoing bribery probe. The airline terminated the contract on Feb. 1 after a series of negotiations on price with Nordic Aviation yielded ...more  
Comment by stockitnow on Feb 10, 2021 8:29am
The corruption had nothing to with it. The airline terminated the contract on Feb. 1 after a series of negotiations on price with Nordic Aviation yielded no satisfactory results, according to President Director Irfan Setiapu