downsview facility: Concerns are growing over Bombardier's cash-flow prospects, according to The Toronto Star. Ryan Remiorz / THE CANADIAN PRESS Canada's largest aerospace company surprised investors Nov. 8 by saying it would need to tap proceeds from the sale of its Downsview facility in Toronto to meet a goal of breaking even on a cash-flow basis this year, plus or minus 150 million. The market swoon underscored investor anxiety about Bombardier's prospects despite chief executive officer Alain Bellemare's upbeat 2020 outlook at an investor conference Tuesday his first public comments since the company lost a quarter of its market value after reporting earnings last week. Next year's goal of break-even cash flow, plus or minus 250 million, fell short of analyst estimates. They have a fair bit of debt so anything that negatively affects cash flow would be a drag. A lot of people are still scratching their heads about the cash-flow forecast, David Tyerman, a Cormark Securities analyst, said by telephone from Toronto.
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