Bombardier Inc. T.BBD.A

Impact of CSeries on Bombardier

[tinou]

My greatest concern with the fate of BBD is not related to things under control by BBD but much more with stuff that is out of their hands.  BBD (David) is now a one business line company fighting with a couple of Goliath companies that can do a lot to harm BBD by creating situations for which BBD cannot control the remedies.

BBD is all vested into civil business aircrafts with:

Potentially ferocious competitors;
2 not very friendly governments to support them;
A very heavy debt
A major shareholder (family) with a competency and selfishness that leaves to be desired.

Major threats may be:

Increase in interest rates;
Goliath deciding to cut their prices for a while to starve BBD;
Reduction in sales due to some uncontrollable situation (crash, recall, etc.)

All problems that BBD has no control over and which may hurt BBD FCF and force BBD to look at having to find a savior.

I am a strong believer in BBD but let's not dream in colour and believe that they are now out of the woods with a strong duo leading the company.

I believe that at this point, the glass is half full half empty and we can only hope for the best.

[johnney]

They never mentionned, that they we're out of the woods, but the picture seems much better, than 2months ago, or else it would of fallen back where it was before, IMO!

[bicente]

In life there are no guarantees but I'd rather be selling top notch quality products to the rich then signing huge contracts just to keep the doors open .. The cseries was huge , they took on more than they could handle ..they are not in that situation anymore ..bringing the Cseries to life was an amazing accomplishment but it wasn't a  smart business decision , no one in the indusrty

[flamingogold]

The number of rich folks are also growing which bodes well for a company selling a product most of us will never get to use. The financial crash and now the covid crash have widened the canyon between the rich and middle class as the former loaded up on cheap stock and the latter piled into record debt. In fact, more middle class are slipping down the ladder than climbing up. While the rich own

[BBDB859]

Fact to the matter is that, the rich people would overpay for a business jet and get the best one around. They don't give a flying shitt about how much more expensive it is. They only thing they care about is what they get for their money. Speed and comfort, and the newest toy possible. The other thing is collusion between the plane makers. Why would General Dynamics, Dessault, Beechcroft