By: Carter Copeland

We’ve been bullish on the multi-year outlook for Airbus for the last several years, but admittedly our optimism has been modestly tempered over the last ~6 months due to concerns around both the A320neo ramp up and the potential impacts from ongoing bribery investigations. We think these risks, while still present, are moderating and we think management commentary on today’s call helps to allay fears and pave the way for less short-term volatility and a return of sustained upward momentum for shares. We’d be reluctant to sell into the day’s strength based on the numerous things we heard on the call.

AIR  Report Here