TSX:BBD.BAerospace & Defense
Is Bombardier (TSX:BBD.B) Cheap Following Its London City Airport Approval?
Bombardier (TSX:BBD.B) just cleared a fresh regulatory hurdle, with the Global 8000 approved by the U.K. Civil Aviation Authority to operate into London City Airport, one of London’s tightest and most challenging airfields.
For investors, the regulatory win lands against a mixed recent tape for Bombardier, with the share price down 12.83% over the past month but still showing a 28.39% year-to-date share price return and a very large 5-year total shareholder return. This suggests that...