Frankfurt - BBD down most of the dayThe BBD stock price at the Frankfurt stock exchange closed last night at 3.40 euro but it fluctuated between 3.35 and 3.41 most of the day. It is currently at 3.39 euro.
Unless we have some orders coming in today for either the A220 or Bombardier's other families of jet, we are either going down further or at best, stay at the current price.
It is already mid afternoon in Farnborough and there is nothing coming out in terms of news or strong rumors.
Dissapointment is not too strong of a word to reflect the feeling of Bombardier's share holders as it is now becoming obvious that Airbus did not have a series of buyers already lined up waiting for the show to open to firm up their respective orders.
Maybe Tom Enders embelished the truth regarding the A220. As to Bombartdier, I am not surprised. Go back to other sjhows, it looks like they are never prepared to close deals during shows. From my point of view, Bombardier still have lots to learn on how to properly market their equipment and take advantage of these shows to attract attention to their products. If it is important for both Airbus and Boing to announce a bunch of orders at these shows why is it not for Bombardier