Foley: Bombardier Proving Ability as Pure-play OEM
Slimming down to a bizjet maker with $9 billion in debt could have imperiled Bombardier, but the OEM is showing resiliency, Brian Foley Associates said.
bottom view of Bombardier Global 7500 in flight over clouds
Bombardier has built backlog and reduced debt as it strengthens itself as a business jet manufacturer, Brian Foley Associates noted. (Photo: Bombardier)

Emerging from the roils of a debt-laden multifaceted corporation, Bombardier is proving its ability to endure as a pure-play business jet manufacturer, according to Brian Foley of Brian Foley Associates.

Releasing a new analysis on the Montreal-headquartered manufacturer, Foley noted that “things are banging on all cylinders” for Bombardier. “Slimming down from a multinational conglomerate to a one-trick pony with a crushing $9 billion debt load would seem like the beginning of the end, but during its first two years the reconstituted company has proven otherwise,” he said.