BEYOND RECESSION CONSIDERATIONSI've noted several times that I consider Bombardier's product line to be essentially recession-proof, and this looks to certainly be the case given the very strong order flow. People buying planes up in this snack bracket just don't have the same recession based worries.
Further evidence of this is found even on a smaller scale by those buying speciality cars, and this lends further credence to the "recession-proof" concept. All of this bodes extremely well for the stock imho.
Rolls-Royce, Bentley and Lamborghini had record sales last year, again
https://www.cnn.com/2023/01/10/business/rolls-royce-bentley-lamborghini/index.html