Bombardie und die Zukunft

Guten Morgen! Das weiss man hier schon lange.
Zugsparte läuft ja gut. Vermute, dass die Stellen größtenteils ausgegliedert.
Naja, was sind 1430 Arbeitsplätze, wenn ich mir anschaue was deutsche Unternehmen wie Siemens, Deutsche Bank, Volkswagen etc. treiben.

Die Gerüchte gingen um eine ameikanische Fluggesellschaft
Nicht Air Canada.
Hat jemand eine Ahnung ob da noch verhandelt wird. Z.b  mit United und anderen.

Denke auch wenn die Swiss Auslieferung dieses Jahr sich gut hält und keine
Probleme macht wird die Muttergesellschft Lufthansa vielleicht noch was
nachlegen.
Was meint ihr.Habt ihr noch was gehört oder gelesen ?
Über eine vernüftige Antwort würde ich mich freuen.
Gruß bingo

Credit Suisse Bullish on Bombardier Inc (BDRBF)
In its most recent report, Credit Suisse has upgraded Bombardier to Outperform from Neutral
Feb 18, 2016 at 8:30 am EST
Credit Suisse Bullish on Bombardier Inc



Credit Suisse has raised its outlook on Bombardier Inc. (OTCMKTS:BDRBF) to Outperform and given it a new price target of C$1.90, up from C$1.64. The upgrade is based on solid decision making by the management team for the last few quarters, giving analysts greater belief in the company.

The recent order for 45 CSeries jets with options for 30 more from Air Canada, and potential orders expected from well-known airlines such as Delta, is further expected to drive the stock price up. Analysts believe that the CSeries program will be cash flow negative until 2020 and, while deliveries, expected to begin in 2019 will not speed up profitability for the project, it may lead to further orders down the road.

While there is still a risk of setbacks in the coming quarters as well as worries about the organization’s backlog, analysts believe that these are currently priced-in for the stock. However, the investment firm is upbeat about Bombardier’s recent actions to improve liquidity by selling equity, as well as the fact that these shares have a buyback feature. Predicted losses per share for FY2016 are now expected to be $0.12, with the firm going positive in FY2017 and FY2018 with earnings per share (EPS) of $0.03 and $0.08, respectively.

Im Januar hat es geheissen das auch Delta Airlines Interesse an der C Srie hat und United hat ja nun auch nochmals umgeschwenkt und denkt doch über einen Kauf nach.
Ich schätze jetzt wo Air Canada geordert hat fällt es anderen Gesellschaften leichter nachzuziehen aber am ende des Tages macht immer noch der Preis die Musik und da scheint BBD eher Kompromisslos zu sein.

Hoffen wir das die Jungs aufwachen.

Qualität muss bezahlt werden
und das wird der Kunde auch bei BBD.
s2

Ich denke ja neue Orders wird es erst geben wenn ausgeliefert wurde. Sprich Swiss bzw Baltic die ersten Maschinen erhalten haben und die laufen.
Der Stellenabbau ist natürlich unschön, garkeine Frage! War aber wohl fast eine logische Konsequenz.
Da darf man auch nicht vergessen das zb. der Zuschlag der S Bahn Berlin nicht an Bombardier ging. Sicher nicht der Auslöser, aber bestimmt ein Stück im Puzzle.

bin gespannt wann die C 500 und bzw C 400 kommt

hab gelesen air canada bekommt eine maschine fur 30mille also 60% discount und das is ne menge ....der deal war also teurer erkauft und mal schaun ob die zukuenftig gut profit machen.....es wird auf jeden fall ein lager weg....

UA......chances are 50/50 ....es wird der $$ entscheiden
Delta .... i dont think so......wenn du einen guten deal willst wirst du ihn kaum  vorher ankuendigen....

auf jeden fall waren positive nachrichten noetig.....hoffentlich geht die 1. auslieferung in 4 monaten glatt und vielleicht noch die ein oder andere order....

gerade raus die sekunde before ich druecken wollte.........die 2. order geht auch an Boeing!!!!!!!!!!!! sagt das WSJ!!!!!!! shit

Der Kursverlauf.. Grüsse alle, die zu Tiefstkurse verkauft haben... Da sie mit noch niedrigeren Kursen gerechnet haben!!
Die Firma ist m.M. noch immer lachhaft bewertet! GO BBD!!!

Andere Maßnahmen waren nicht viel besser. Bombardier berichtete von 19 negativen Nettoaufträgen für seine Businessjet-Division und 21 Nettobestellungen für seine kommerziellen Flugzeuge. Beide Zahlen sind im Vorjahresvergleich stark gefallen und trafen noch nicht einmal Bombardiers geminderte Erwartungen. Als Ergebnis davon sind Bestellungen bei den Geschäftsflugzeugen um 28 % und bei kommerziellen Flugzeugen um 8 % gefallen.

Das Hässliche
Bombardiers hässlichste Zahlen betreffen den Nutzen seines Freien Cashflows. 2015 hat das Unternehmen 1,8 Milliarden USD verbraucht (inklusive Zinszahlungen und Einkommenssteuern). Diese Zahl wird in Zukunft auch nicht viel besser: Bombardier erwartet, mindestens 1 Milliarde USD im Jahr 2016 zu verbrauchen.

Das andere große Problem ist Bombardiers Bilanz. Das Unternehmen hat Schulden in Höhe von ungefähr 6 Milliarden USD (ohne jegliche Pensionsverpflichtungen), was für ein Unternehmen dieser Größe viel zu hoch ist.

Jedoch waren diese Zahlen bereits bekannt, bevor Bombardier seine Ergebnisse veröffentlichte, weswegen es nicht verwunderlich ist, dass die Aktie positiv reagierte. Ob das Unternehmen diese Dynamik nutzen kann, ist eine andere Frage.

Hallo zusammen,

bin noch neu im Forum aber schon länger bei Bombardier investiert:

Da es um diese Aktie meiner Meinung nach zu ruhig ist und es zu viele negative Beiträge gibt (was natürlich aufgrund des bisherigen Verlaufs - abgesehen von der letzten Woche - nicht verwunderlich ist), möchte ich folgenden Artikel zur Diskussion stellen:

canadianaviationnews.wordpress.com/2016/02/...d-of-bombardier/

Ich denke, wenn die erste grössere Order einer bedeutenden (nicht-kanadischen) Airline kommt (und sie wird sicher irgendwann kommen, alleine schon weil die Airlines nicht daran interessiert sein können, Boeing und Airbus auf lange Sicht "ausgeliefert" zu sein und die Ölpreise wohl auch irgendwann wieder steigen werden), gibt es hier enormes Potential.

Ausserdem hat sich Qualität bisher noch immer durchgesetzt.

Viele Grüsse,
AeroTrader

Republic Airways, based in Indianapolis, is the first large U.S. airline to file for bankruptcy since American Airlines went into Chapter 11 in 2011. Major U.S. carriers have reported record profits in the past two years.

“Republic has serious challenges that we must still address and several quarters of recovery and rebuilding ahead of us,” Bedford said on a November conference call. The company blamed a lack of pilots for the filing.

In bankruptcy, Republic could ask a judge to cancel unprofitable contracts without the penalties that would be imposed outside court protection. The filing also will allow the company to escape leases for planes it’s not flying or that are too costly.

Republic Airways offers regional passenger service with more than 1,200 flights daily to more than 100 cities in 39 states and Canada.

www.bloomberg.com/news/articles/2016-02-26/...ankruptcy-filing

Ok, da gab es also ein "bankruptcy filing" von einem Kunden.
Ändert aber nix an der Situation da das Projekt längst den "Point of no return" überschritten hat und die kanadische Regierung involviert ist. Diese wird schon aus eigenem Interesse alles tun um ein Debakel zu vermeiden. Ausserdem würde ich Republic sowieso nicht als Referenzkunden ansehen, auch wenn die Bestellung umfangreich ist. Dort ist das letzte Wort noch nicht gesprochen.

By Allison Lampert and Andrea Shalal

MONTREAL/WASHINGTON (Reuters) - A proposed Canadian government bailout of Bombardier Inc's new CSeries jet manufacturing program would reduce the company's stake in the money-losing aircraft, taking it off the plane maker's books and boosting results in the short-term, two sources familiar with the matter said.

The federal government is considering a deal that would give Canada, the Quebec government and Bombardier each a one-third stake in the CSeries, which would be carved out as a separate joint venture with its own board, ‎said the sources who spoke on condition of anonymity because the talks are confidential. Currently, Bombardier controls 50.5 percent of the CSeries and Quebec 49.5 percent.

Federal officials familiar with the situation stress it is too early to say whether a separate CSeries board would be part of a bailout of Bombardier. Prime Minister Justin Trudeau has said his Liberal Party government would announce a decision before the federal budget on March 22.

Such a deal would allow Montreal-based Bombardier to alter the way it accounts for the CSeries business, which is costing at least $5.4 billion to develop and launch and which the company doesn’t expect to generate returns for another four years or more.

The proposed structure would have a positive effect on the parent company's cash flow and earnings per share for the next three to four years, said one of the sources.

The company has forecast 2016 revenue of $16.5 billion to $17.5 billion. Those figures bake in anticipated revenue from about 10 CSeries jet deliveries this year, according to one analyst. The loss of revenue because of deconsolidation would be more than offset by a reduction in CSeries costs and its cash burn rate in the parent company's accounts.

Canada is leaning toward matching Quebec's $1 billion CSeries injection of funds through a deal that could give the federal and provincial governments joint majority control of the 100-150 seat jet program. The first of the jets, the smaller version, is entering service in 2016 after years of delays and cost overruns.

New jet programs typically take years to sell and deliver enough planes to break even and recover sunk development costs.

CASH DRAIN

The federal government is not expected to invest directly in Bombardier itself, as opposed to the CSeries program, and there is no expected change to the company's dual class structure that favors the founding Bombardier-Beaudoin family, both sources said. Within the government, there are some concerns about the parent company's shareholding structure, which gives the family a roughly 54 percent voting stake, said a person familiar with Ottawa’s approach. The founding family has pushed back against any changes to the company’s governance, he said.

A key member of the family, Bombardier’s previous Chief Executive Pierre Beaudoin, launched three different plane programs at about the same time and the resulting draining of the company's cash is a major reason for its current problems.

The investment model, proposed by Quebec and supported by Bombardier, would give the federal and provincial governments a combined four seats - provided Canada matches the province's $1 billion investment - on the seven person CSeries board, Reuters reported on Wednesday.

Bombardier itself would only be able to nominate three of the seats, putting the company's representatives in a minority.

On Thursday, Quebec Transport Minister Jacques Daoust confirmed the Reuters story during an interview on Canada's RDI television.

“If we had a new player joining us, we could imagine having seven board seats,” Daoust said. “The new partner and us would control the company. This is certainly a scenario that is being explored now, because we couldn’t imagine investing two-thirds of the funds and having a minority on the decision-making front.”

Quebec has argued that the governments' majority position on the CSeries board should assuage federal concerns over the company's governance.

The governments would act as shareholders and not participate in the day-to-day operations of the plane program, one of the sources said. The deal would also allow Bombardier to buy back the governments' shares in the CSeries at a later date, as is already the case with the agreement between Bombardier and Quebec.

"The last thing you want are governments to run the program," said the second source. A spokeswoman for Bombardier declined to comment.

Bombardier received a boost in February when the company secured its first order in 16 months. That was for up to 75 CSeries jets to be supplied to Air Canada.

Bombardier has faced fierce competition from plane-making rivals Boeing Co and Airbus Group SE which have adapted new engines to their respective narrow-body jets. That has helped them compete with the fuel-efficient CSeries.

They have also been able to undercut Bombardier's pricing by discounting their older Airbus A320 and Boeing 737 models, which are late in their life cycles and can be built at a comparatively lower cost.

(Additional reporting by Euan Rocha in Toronto, David Ljunggren in Ottawa and Tim Hepher in Paris; Editing by Amran Abocar and Martin Howell)

Read the original article on Reuters. Copyright 2016. Follow Reuters on Twitter.
More from Reuters:

   

Q It costs $30 million-plus to produce the plane and you’ve got 243 firm orders with no revenue coming in. Is there a point where you don’t want too many more orders?

A We have plenty of orders in the system for the full ramp up right now – up to 2018-19. Should we get additional orders, we’ll manage that. Adding one or two great quality orders would be very good at this stage of the game.

Q Won’t you be pushed on pricing?

A The C-Series has been challenged and we’ve got to rebuild credibility and confidence in the aircraft. That’s what we’re doing. We have amazing performance at this early stage, which is very rare.

We assume it will take one or two orders to regain this momentum. We will do it, and we’ll be on our way, because these are long-cycle programs – with 10-15 years of production and then you get into service for 20-30 years.

Q How about Boeing and Airbus – have they been pretty aggressive out in the marketplace against the CSeries?

A Absolutely. They don’t produce 100- to 150-seater aircraft; they actually start at 160- and go to 220-seater aircraft. They don’t want us to come into their market, so they have taken a pretty aggressive approach commercially to prevent us. But now, we’re ready, we’re good to go. I believe the market will realize there’s no other aircraft between 100- and 150-seats that is as good as the CSeries. This is a good market. There are about 7,000 aircraft over the next 20 years. So, I believe we’ll be able to carve out a very nice niche for the CSeries going forward.

Q Lutz Bertling stepped down from his position as the head of transportation on Dec. 9 and almost all of the senior executives have been replaced since you joined Bombardier. Why is it important to have a new team?

A The key is to surround yourself with A-plus players – people who have a deep knowledge of the industry, strong expertise and who are connected and aligned with what you’re trying to do and where you want to go. That’s why I’ve made significant changes.

Q Cash flow has been a huge issue at Bombardier. To help solve that problem, you got US$1 billion from the Quebec government and US$1.5 billion from pension fund giant Caisse de dépôt et placement du Québec. Prime Minister Justin Trudeau said you’d have to make a strong business case to get federal support. Why should taxpayers help?

A We export more than 90 per cent of our products outside of the country and we create great high-paying jobs. So, this is an industry that we need to value and cherish. We also need to be credible and to have the financial ability to compete globally with big players such as Boeing, Airbus and Embraer.

Q Some people complain about government help being extended to Bombardier. Isn’t that just the way the industry is around the world?

A Absolutely. Airbus was started with government funding from France, Germany, U.K. and other European countries. Even today, Airbus is 25 per cent-owned by governments. That’s just the nature of the business.

Governments help because the industry creates a lot of value for these countries. In the U.S., Boeing has more than US$22 billion a year coming from the defense division and that helps them generate great technology, which can then migrate to commercial applications.

Canada doesn’t have a defense industry and there’s really no money to help companies like ours develop technology. So, the government playing a relatively small role – in the total scheme of things – is the right thing to do.

Q Can you comment on the Quebec government deal, which gives them 49.5 per cent of the CSeries?

A What was needed was a vote of confidence in our CSeries and into aerospace – and this is what Quebec did. By the way, they did their due diligence. The return is potentially significant and having them as a partner is helping us a lot.

Q What are the financial benefits that will come to Quebec if and when the CSeries is successful?

A Participation in the CSeries will generate significant financial benefits over time. Also, we have about 1,700 people working on the CSeries; at a steady rate, this will go up to 2,500 people across Canada.
In Quebec, we represent about 2 per cent of the gross domestic product. We represent 0.7 per cent of the GDP of Canada. Between the company and employee taxes, we generate over $1.3 billion a year in taxes for Quebec and the rest of Canada.

Q When do you think you’ll start writing cheques to the Quebec government?

A We said we’d break even with positive cash flow by about 2020. I think we’ll start generating dividends for Quebec after that.

Q Can you comment on the Caisse deal, which gave them 30 per cent of the Transportation Division?

A La Caisse helped us with industry consolidation. It also raised liquidity to help us fund the new development programs that we’re currently pursuing – the CSeries and our new business aircraft, the Global 7,000.

Q Are you still exploring strategic options? You were talking to Airbus, at one point. Are you still looking at options around the world?

A We said that we were going to look at any potential strategic option that would add value to Bombardier. I’d do that on the train side and I’d do that on the aerospace side, as well.

Q Some people are critical that you’re talking to Airbus. Do you accept that criticism?

A No. I’m not sure that people fully understand its value. I don’t want to come back on this deal too much because it’s water under the bridge. But, when you’re talking about teaming up with a partner like Airbus, you create value in terms of market access and supply chain leverage. It didn’t work this time, but who knows what the future will bring.

Q What do you think of the current situation?

A We’re in a good position. We have the liquidity needed to continue our journey. It’s about making sure we instil a culture of performance, bring the costs down, and execute on our programs flawlessly. We support new aircraft coming into service – like the CSeries with Lufthansa and with Swiss Airlines, so we know what we have to do. And we’re not going away. We have strong partners like Quebec and La Caisse. We’ll continue to look at strengthening Bombardier moving forward.

Q The company has two classes of shares, which is very controversial. Will that change any time soon?

A I don’t think so. I’m not sure if Bombardier would exist today if we didn’t have the two classes. It’s very likely the company would have been broken into two different pieces.

This interview has been condensed and edited from the CEO Series, which can be heard on CJAD and other Bell Media stations across Canada. For the full interview, go to the CEO Series on: www.cjad.com/TheCEOSeroes/aspx  

www.profitconfidential.com/stock/...me-changer-for-bombardier/

Endlich ????

Auch wenn nur ueber die C-Series gesprochen wird, aber Bombardier
ist weit mehr als nur die C-Series:

www.marketwired.com/press-release/...ries-aircraft-2102439.htm

Ich rechne hier noch mit einem starken Anstieg...

Trudeau’s comments reinforce the likelihood that Canada will step in, according to Kevin Dusseldorp, an analyst at Veritas Investment Research Corp.
‘Crucial Help’

“It does seem like that is something that’s reasonably expected to happen,” Dusseldorp said in telephone interview from Toronto Thursday. “Based on the amount of cash they’ve been burning on the C Series project to date, management sees federal government help as crucial to executing fully on the program.”

Alain Bellemare, Bombardier’s chief executive officer, told analysts Feb. 17 the C Series will need about $2 billion in additional financing before the program can start generating cash flow around 2020. The program has already cost Bombardier about $5.4 billion, according to the company’s most recent published estimate. John Paul Macdonald, a spokesman in Montreal, declined to comment on Trudeau’s remarks, saying via e-mail talks with the federal government “are progressing.”

Bombardier shares rose 10 percent to C$1.225 at 11:19 a.m. Toronto time, paring the 12-month decline to 47 percent.
Firm Orders

Bombardier says the C Series, which features composite wings and a new Pratt & Whitney engine, will cut fuel consumption by more than 20 percent compared to competing models and produce less noise. The smallest of two variants of the jet is due to enter commercial service by the end of June.

The C Series, which has been stuck at 243 firm orders for more than a year, got a boost last month when Air Canada signed a letter of intent to buy 45 jets with an option for 30 more. Bombardier has targeted 300 firm orders by the time the aircraft goes into service.

Trudeau called the Air Canada sale “wonderful news” and expressed conviction other sales will follow. “People will really see that wow, having this Canadian plane is going to be something that more and more carriers around the world are going to want."

Still, less than two weeks after the Air Canada order, Bombardier suffered a setback when Republic Airways Holdings Inc., which accounts for 16 percent of the firm C Series orders, sought creditor protection in New York. Bombardier also announced plans last month to eliminate 7,000 jobs over two years, including 2,400 in Quebec.

Further cost overruns tied to the C Series “above and beyond what management has talked about” are possible, said Dusseldorp, who advises investors to sell Bombardier shares.

“Just look at the history of this whole program,” he said. “Given the relatively low number of firm orders, that’s where the need for some of the external cash comes in.”

Trudeau’s government is said to have concerns about Bombardier’s dual-class share structure, which allows its founding Beaudoin-Bombardier family to control the company while holding only a minority stake. He sidestepped questions on the share structure and acknowledged the company is facing a host of challenges.

“We’re digging into all sorts of different aspects of it, because we want to make the right decision not just for the short-term but the long-term,” he said. “We’re taking this challenge Bombardier is facing very, very seriously.”
Provincial Support

Trudeau, 44, is due to meet with Canadian premiers later Thursday, and two of them expressed support for Bombardier in a press conference Wednesday in Vancouver. Quebec Premier Philippe Couillard said he expects Trudeau to deliver aid.

“This aeronautical company in particular, and the C Series in particular, are probably the most important innovative projects now in Canada that will benefit all of Canada,” Couillard said. Competitors “Airbus and Boeing are not giving them any leeway, any room. They don’t want a new player. But we have a new Canadian player.”

Ontario Premier Kathleen Wynne also expressed support, saying Bombardier is “an important national company” but stopped short of calling specifically for Trudeau to step in. Bombardier’s aerospace facilities employ about 3,700 people in Ontario, according to company figures.

Trudeau cited the quality of jobs, the type of innovation, the kinds of world-class products that “Canada can and should be known for,” as reasons for his faith in the nation’s aerospace industry. Bombardier “is facing both short-term, medium-term and long-term challenges and that’s the lens we’re taking on this decision of how we can move forward, how we should move forward with this.”

Wie hier schon erwähnt wurde, Qualität setzt sich durch. Und diese kann man Bombardier nicht absprechen.
Die Auftragslage in der Transportation ist ziemlich gut und die Ausgangslage auch. Man hat da überall einen Fuss drin. Sei es CRH oder ICE 4, überall ist Bombardier da involviert.
DoSto (Transportation) erfreut sich weiterhin großer Beliebtheit.
Für Lokomotiven stehen Prestige Aufträge aus Israel/Iran/Saudi Arabien an die man "ziemlich" sicher bekommt.

Transportation steht also auf absolut sicheren Füßen.

Aero hängt eben an der C Series, womit atm anscheinend alles steht und fällt. Aber wie ein User oben schon meinte:
Bombardier ist nicht nur C!

Just My 2 Pence!

"The CS100 aircraft continues to attract curiosity and keen interest when visiting airports around the world and now, it will be spotted in cities across SWISS' network -- performing as if already a member of the airline's fleet," said Fred Cromer, President, Bombardier Commercial Aircraft. "It's an exciting time as we look forward to these flights and to the close collaboration with our friends at SWISS -- together we are preparing for the C Series aircraft's entry-into-service. The route-proving flights will bring the C Series aircraft closer to the flying public in Europe who will ultimately be amongst the first in the world to fly aboard the aircraft - the first all-new airliner built for the 100- to 150-seat market in close to three decades."

"March is turning out to be a very productive month for the C Series aircraft program. In addition to the next phase of route-proving, last week we celebrated the first flight of the eighth and final flight test vehicle. It's only the second CS300 flight test vehicle in the program and one that is equipped with a full production interior," said Rob Dewar, Vice President, C Series Aircraft Program, Bombardier Commercial Aircraft. "We're delighted that its test program, which is dedicated to cabin and interior certification, is off to a great start and progressing extremely well."

The CS100 aircraft will conduct route-proving flights using typical airline flight routings and operational procedures. The flights give a really good indication of how the C Series aircraft will perform in a typical airline schedule to and from different airports. Airfield performance, landings, airport turnarounds and on-ground operations are some of the important characteristics that will be observed.

The European route-proving program follows one conducted last year across North America that included more than 35 cities.

www.profitconfidential.com/stock/...stock-could-surge-in-2016/