Post by
stockitnow on Aug 07, 2024 11:36am
Spirit is a mess
Spirit have been lossing money on all divisions. This is why AB is buying its work from Spirit for $1 and getting $559 million from Spirit to make up for the loss.
Bombardier should also buy it's work from Spirit for $1 and get paid the amount Spirit was losing on these contracts.
And the beauty of this is, Boeing takes on all these cost that Spirit has to pay.
Comment by
Shamhorish on Aug 07, 2024 12:51pm
i hope you are right, but when it comes to bombardier. instead of paying bbd to take on part of spirit, they will ask for big bucks i will be very surpeised if bbd get any anything from spirit with similar deal offered to Airbus imo, bbd will have to pay
Comment by
Truthifest on Aug 08, 2024 11:19am
What could harm Bombardier, regarding Spirit? Good to know the downside risk.
Comment by
johnney on Aug 08, 2024 11:27am
Pobally the market doesn't like this uncertainty!! Gulfstream, Textron, and Embraer, their share price not affected like this one is! Glta!
Comment by
stockitnow on Aug 08, 2024 11:57am
Gulfstream, Textron have very large military presence, Embraer also has good product line for the military. All three are doing very well on military side. This is why bombardier is trying to expand into military as well.
Comment by
Bullvsbear99 on Aug 08, 2024 3:21pm
Or maybe you don't post nonsense. Follow up on GE, Honeywell RR on their quarterly report and you will find out how they get grilled by their investors for all the delays due to technology and supply chain issues. There is no manipulation. Fyi Rolls royce is not American and LEAP is half own by SAFRAN which is European. You don't even have you facts right.
Comment by
Shamhorish on Aug 08, 2024 8:14pm
again, i hope you are right and i am wrong
Comment by
johnney on Aug 08, 2024 6:32pm
That is 100% true for C-Series engines, I too remember this!
Comment by
smush74 on Aug 08, 2024 3:34pm
you might want to research who actually builds those engines and companies. CFM International, a 50–50 joint venture between American GE Aerospace and French Safran Aircraft Engines, Rolls-Royce PLC, major British manufacturer of aircraft engines.
Comment by
johnney on Aug 23, 2024 11:23am
You're right for the C-Series, no coincidence there!!