Bombardier Inc (OTCMKTS:BDRBF) Stock Jumps 12% in a Month: More to Come?

In the past month, the Canadian business jet manufacturing company Bombardier Inc (OTCMKTS:BDRBF) has been in sharp focus among investors and during that period, the stock has actually managed to clocks gains of as much as 12%.

In light of the gains made by the Bombardier stock, it could be a good idea for investors to take a look at some developments that might be driving the rally. Last week, it had emerged that the Federal Aviation Administration had certified the Smart Link Box that is meant for the Bombardier Challenger 300 and 500 models.

Yesterday, it emerged that Bombardier has now started installing the health monitoring unit in these two models of planes. The Smart Link Box has been developed by the company in collaboration with GE Aviation. Smart Link Plus helps in recording the data from the aircrafts and hence allows the maintenance crews to take care of any problems proactively when it comes to notifications for any faults during a flight.

It goes without saying that these are important developments for the two aircraft models that belong to Bombardier. It is now going to be interesting to see if the company’s stock continues to perform strongly over the rest of the week.