Core Insights - Bombardier has announced BOND as the company behind its previously disclosed firm order for 50 aircraft, valued at US$1.7 billion, with deliveries starting in 2027 [1][5] - The partnership signifies a strong commitment from BOND to utilize Bombardier's aircraft and services, reflecting confidence in Bombardier's quality and support [2][3] Summary by Sections Company Announcement - BOND has exclusively chosen Bombardier to launch its operations, marking a significant milestone for both companies [2] - The order includes Challenger and Global aircraft, reinforcing Bombardier's leadership in performance, comfort, and reliability [7] Service Agreement - A long-term service agreement is established to ensure BOND's fleet operates at peak performance from day one, providing access to Bombardier's global support network and maintenance services [4][7] - This agreement aims to maximize aircraft uptime and deliver operational peace of mind for BOND [4] Financial Implications - The initial order includes 50 firm aircraft orders and 70 new aircraft purchase options, potentially raising the total value to over US$4 billion if all options are exercised [5] Leadership Statements - Éric Martel, President and CEO of Bombardier, emphasized the trust placed in their products and services, highlighting Bombardier's industry-leading service network [3] - Bill Papariella, Chairman and Group CEO of BOND, expressed excitement about offering the best planes and the shared values between the two companies [3]
Bombardier Unveils BOND as Customer Behind June 2025 Landmark Order and Service Agreement
Globenewswire·2025-10-14 22:00