BDRAF - Bombardier Could Drop Out Of Airbus A220 But Debt Load Remains

Bombardier (OTCQX:BDRAF) probably has been one of the disappointing investments in recent years in the aerospace industry. The company nearly bankrupted itself as it developed the C Series aircraft, which it later had to throw in Airbus’ (OTCPK:EADSF) lap. Partially that's because Bombardier already was in significant financial distress and it possibly couldn’t carry the production losses for years to come as it carried a $9B debt on its shoulders.

Source: Wikimedia

I recently explained that Bombardier’s financial results haven’t been good, not even for the relatively stable transportation unit. Bombardier