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 | T.BBD.PR.D | BOMBF | 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

Add To Watchlist

TSX:BBD.A - Post Discussion

Bombardier Inc. > Bombardier on track to reach its 2025 targets

View:

Post by Jacques4444 on Sep 30, 2024 1:58pm

Bombardier on track to reach its 2025 targets

DJ Bombardier Benefiting from Strong Demand for Business Jets -- Market Talk

0810 ET - Bombardier is managing through some remaining snags in the supply chain, but demand for business jets is going strong. In an RBC report, James McGarragle says the supply chain is still an issue for the business jet manufacturer, but Bombardier is managing these challenges effectively, putting it on track to reach its 2025 targets. This is equally due to a healthy demand environment, McGarragle says, where he sees business jet supply is still not keeping up with recent increases in global wealth creation, "and therefore represents upside in our view to BBD's long-term production rate guidance," of 150 jets a year. (adriano.marchese@wsj.com)

(END) Dow Jones Newswires

September 26, 2024 08:10 ET (12:10 GMT)

171