After selling Airbus about a year ago at 165, I have now re-entered the market at 170. The share price has cooled down again recently, while the fundamental situation has changed to some extent.
The supply chain problems now seem more robustly manageable, the helicopter division is developing somewhat better and parts of the Space & Defense business are to be incorporated into a joint venture. This makes the share more interesting for me again - especially because it looks as if parts of the restructuring have already taken effect.
Margins are starting to stabilize, driven by a combination of continued high demand and operational efficiency measures as part of the restructuring.
Hadn't written the update on this so now. $AIR (-2,69 %)
