Interest rate needs to come down for bbd stock to go up.
When indices are up, then business are making money. And businesses wants cheap money aka low interest loans to invest in new tech/efficiencies and buy equipment to increase productivity. And of course buy business jets.
All business jet OEM and tier 1 and 2 suppliers monitor global stock indices. This is more important to bbd as they are pure play in bizz jet. They monitor indices for future jet investment projects. Global 7500/8000 is little immune as they are for super rich, but Challenger 3500 is impacted.
Talking of Challenger 3500, it will be due for refresh sooner then later. I would like to see bbd take Global 7500/8000 fuselage, shorten it, put new wings and engines to make it more competitive against Embraer and Gulfstream products.
While at it bbd should consolidate further by bringing final assembly line of Challenger/Global 3500 to Pearson. Montreal can do interior and final completion while Pearson does final assembly.
Airbus is having difficult time with former bbd employees at a220 line to sign new labor contract. It will be done, but will cost Airbus. In Quebec bbd has to compete with Airbus, Bell, and Pratt Canada for same employees. Labor is tight and it will get expensive. All three mentioned have deeper pockets then bbd and will be attractive to future employees.
Bbd also needs to talk about whats next after 2025. We should hear more about it in the upcoming investor day meeting. Elephant in the industry is still supply chain issue. Castings, raw material, and labor shortage.