Originally Posted by
tdracer
The market apparently doesn't like them dumping the Q-400. BDRBF is down almost a quarter today (23.79%) at 1.85 - near the 12 month low.
Nope it's all about the rate of cash burn. They are burning cash at a rate that is unsustainable. Also only producing 2 A 220's a month is pathetic. Selling the C series program for $1.00 isn't helping their cash flow either. FYI the Q 400 is underselling the ATR by a wide margin.