Cowritten by Geoff Phipps
Aviation is the branch of engineering that is least forgiving of mistakes. ? Freeman Dyson
Along with most parts of the aerospace supply chain, shares of CAE have declined significantly as a result of CV-19 impacts. Shares are down nearly 55% from late-February levels. While CAE does have exposure to commercial air travel, the nature of their business carries some unique attributes that may allow for attractive entry points in coming months.
Below is a one-year share price performance of CAE’s NYSE listed shares:
Source: Bloomberg
The near-term outlook for the