TSX:BBD.A - Post Discussion
Post by
Shamhorish on Sep 08, 2024 3:09pm
Motley Fool Canada about BBD
Written by Amy Legate-Wolfe at The Motley Fool Canada Bombardier
Bombardier (TSX:BBD.B) has consistently demonstrated strong financial performance. And its second-quarter 2024 results showcased significant year-over-year growth across key metrics. Bombardier delivered 39 aircraft, generating $2.2 billion in revenue, with an 18% increase in services contributing to this robust performance. The company’s ability to maintain this momentum. Even as it navigates challenges in the global supply chain, highlighting its resilience and strong market position.
Moreover, Bombardier’s flagship Global 7500 business jet continues to set industry records. This further establishes the company as a leader in ultra-long-range business aviation. The Global 7500 has achieved over 50 speed records in less than 50 weeks, demonstrating its superior performance and reliability. With a growing order backlog of $14.9 billion and strong liquidity, Bombardier is well-positioned to continue its upward trajectory, making it an attractive option for investors looking for growth in the aerospace sector.
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