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Bombardier (TSE:BBD.B) Gains Traction with New Aircraft Deliveries Amid Market Recovery
Bombardier (TSE:BBD.B) Gains Traction with New Aircraft Deliveries Amid Market Recovery
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Bombardier (TSE:BBD.B) has staged a notable rebound after a turbulent April, with shares climbing over 2.5% following new orders for its high-performance Global 6500 jets. Saab's purchase of two aircraft underscores demand in government and military sectors, leveraging the model's 12,223 km range and near-supersonic speed.
The private jet market, once hobbled by tariffs and economic uncertainty, now shows signs of resilience. Bombardier Defense's focus on humanitarian and maritime patrol applications positions it for strategic growth as defense budgets expand globally.
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