Business jet manufacturer Bombardier Inc. (OTCMKTS:BDRBF) has made a remarkable turnaround in the markets so far this year after its stock had been beaten down during the coronavirus pandemic.
The stock has rallied strongly and has delivered gains of as much as 305% so far this year. Yesterday, the company was in the news again after it made a key announcement and it could be a good move for investors to take a look at it. Bombardier announced on Wednesday that it further enhanced the refurbishment and interior repair activities at its facility located in Dallas, Texas.
This move from the company is going to allow it to provide its customers with even greater support and maintenance capabilities. However, that was not all. Bombardier also announce that it was going to get into a collaboration with the leading aircraft furnishing company Global Engineering & Technology Inc.
By way of this collaboration the company is going to be able to offer a much higher level of interior services and support at its Dallas facility. It is now going to be interesting to see if the announcements from Bombardier on Wednesday proves to be another positive trigger for its stock or not.