PPRuNe Forums - View Single Post - Liberal Party wins, Bombardier wins
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Old 18th Nov 2016, 14:20
  #288 (permalink)  
peekay4
 
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They should to have enough cash to last a little while. They've just refinanced their debt due 2017 via new bond issuance -- although at a steep 8.5% interest rate (worse than many unsecured personal loans!) Plus maybe ~$1 billion "investment" coming from Ottawa soon.

High cost per plane, relatively cheap oil, glut of capable aircraft in the used market, and unfavorable macroeconomic conditions -- it's certainly not going to be easy for Bombardier for the next couple of years. But at least they know they can survive for a little, while which is better than their situation this time last year...
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