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headwinds - 1 Bombardier's - 1 Alain Bellemare - 1 divesting - 1 Éric Martel - 1 Bart Demosky - 1 Demosky - 1 Warren Buffett's Berkshire Hathaway - 1
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Search resuls for: "Demosky"


2 mentions found


☆ How Bombardier is cashing in on business elite's love affair with private jet travel
  + stars: | 2024-04-12 | by ( Bob Woods | ) www.cnbc.com   time to read: +5 min
They immediately established an ambitious, five-year strategic plan to reposition Bombardier, with a focus squarely on its sturdiest leg: the high-flying business jet and ancillary services industry. Deliveries of business and general aviation aircraft last year topped 4,000 for the first time in more than a decade, the General Aviation Manufacturers Association reported in February. Historically, the business jet market has been cyclical, said Noah Poponak, an analyst for Goldman Sachs, "but it's been hyper-cyclical in the past 20 years." Sales of all business jets were healthy leading into 2020 — and then the Covid pandemic hit. Everyone wanted a business jet and was willing to buy whatever was out there, new or used."
Persons: headwinds, Bombardier's, Alain Bellemare, divesting, Éric Martel, Bart Demosky, Demosky, Warren Buffett's Berkshire Hathaway, CFOs, Noah Poponak, Goldman Sachs, Walter Spracklin, Spracklin Organizations: Bombardier, Boeing, Airbus, General Aviation Manufacturers Association, Challenger, Global, Companies, Honeywell, RBC Capital Markets Locations: Montreal, Warren, Covid
☆ Some CFOs Are Boosting Their Credit Lines as Insurance Against Recession
  + stars: | 2022-11-16 | by ( Kristin Broughton | Nina Trentmann | ) www.wsj.com   time to read: +7 min
In addition to recession-planning, some companies are expanding their credit lines in response to higher input and inventory costs, corporate bankers said. Term loans are also funded at the outset, unlike credit lines. Photo: Xcel EnergyThe company increased its revolving credit lines primarily because it is expanding and also confronting higher commodity costs, Mr. Johnson said. Xcel doesn’t typically allow its commercial-paper balances to exceed 40% of its total borrowing capacity under its revolving credit lines, Mr. Johnson said. Bombardier in the third quarter closed on a new $300 million, five-year revolving credit facility.
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