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Bombardier Rallies to Lead Aerospace on Airbus Deal, Luxury Jets

Frederic Tomesco
Bombardier Rallies to Lead Aerospace on Airbus Deal, Luxury Jets

Bombardier Inc. is flying high -- and analysts from Goldman Sachs Group Inc. to AltaCorp Capital Inc. say the rally has plenty of room to continue. The improving results highlight the company’s progress under Chief Executive Officer Alain Bellemare, who has been working to ease the strain from two aircraft-development programs that left Bombardier saddled with about $9 billion in debt. “There have been a number of positive events in the last few months, including a better environment for business jets.