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BOMBF - Bombardier: Corporate Jet Business Is Unlikely To Drive Growth
Bombardier Inc. Pfd Ser 3 Adjustable Series
While Bombardier will be able to deleverage its balance sheet by selling its rail transportation unit to Alstom next year, we believe that its future still looks bleak.
As the founding family continues to have the majority of the voting power in the company, there’s no guarantee that it will not fail to create value this time.
In addition, by operating in a small and saturated business jet market, it will be hard for Bombardier to drive growth in the following years.