Still Long
I'm going to predict a gradual recovery for this stock. My guess is the Canadian gov't will announce some form of direct and indirect assistance in couple of weeks (around the 28th). Delta will exploit Bombardier's need to secure better prices on aircraft from Boeing and Airbus. Few CEOs, or anyone else for that matter, think much about the long term and cost of operation. Most people concern themselves only with the immediate quarter. On the other hand, rising fuel prices bode well for more efficient aircraft like CSeries in the years ahead. Still long, but my focus has shifted.