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Bullboard - Stock Discussion Forum Bombardier Inc. T.BBD.A

Alternate Symbol(s):  BDRAF | BDRBF | T.BBD.B | T.BBD.PR.B | T.BBD.PR.C | BOMBF | T.BBD.PR.D | BDRPF | BDRXF

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. > BBD aircraft traffic perform better
View:
Post by Tempo1 on Mar 06, 2024 8:50am

BBD aircraft traffic perform better

CIBC: Airline Traffic Monitor – March 2024

Our monthly CIBC Airline Traffic Monitor provides an update on air traffic trends and key observations in commercial passenger traffic, business aviation and air cargo.

Business Jet Traffic Steady; Still Trending Above 2019 Levels: According to Radarbox, global business jet departures totalled 300,160 in February, up 1% M/M and up 2% Y/Y. Global business jet traffic remains 38% above 2019 levels. In the U.S. (the biggest business jet market), business jet activity was up 4% M/M and down 1% Y/Y. U.S. business jet traffic in February was 37% above its respective 2019 level. We continue to see BBD aircraft traffic perform better than industry in the month – BBD aircraft activity was up 1% M/M and up 8% Y/Y.
Comment by Form001 on Mar 06, 2024 9:50am
Excellent news, from CIBC, now we expect an upgrade from them.
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