RE:When will demand pick up in air transport? I own RTX since it was UTX before merger. Raytheon will benefit because it owns Pratt Canada. Business jets will lead the recovery that's why Pratt Canada will be leading and so will bombardier. While none of Pratt Canada engines are on current bombardier aircraft I look at Pratt Canada orders and their hiring/layoff, expansion etc. news as indicator of where General aviation is headed. Jet engines need longer R&D and lead time to develop. So before an airframer comes out with airplanes the engine maker already have new engines in development. Pratt were wroking on Cessna Columbus engine. But when Cessna kill the project Pratt continued with their testing and certification. Publicly they acknowledged testing but now we know it was for G500/600. RTX will benefit form commercial aviation when it picks up. But covid has made very rich people super rich. And when covid restrictions are gone the super rich will be buying larger bizz jets. Bombardier and Gulfstream will both benefit. I hoping bombardier will benefit more than Gulfstream because of challenger and global 7500. as Pratt Canada is #1 or #2 position in all markets they have product.
QuebecBourse wrote: If there is a pick up in air transport later this year, Bombardier wouldn't be my first choice to benefit from it, I would bet on more solid companies like Ratheon Technologies (RTX-NYSE).
S’il y a une reprise dans le transport arien plus tard cette anne, Bombardier ne serait pas mon premier choix pour en bnficier, je parierais sur des entreprises plus solides comme Ratheon Technologies (RTX-NYSE).
If you read french, see my blog about it.
Je vous invite visiter mon blog ce sujet.
www.quebecbourse.blogspot.com