MONTREAL, Dec. 01, 2025 (GLOBE NEWSWIRE) -- The Bombardier team is proud to share that Moody’s has upgraded the company’s credit rating from B1 to Ba3, with a positive outlook. With this recent upgrade, Bombardier’s credit ratings are back in the Ba/BB category with both Moody’s and S&P for the first time in over a decade. This achievement reflects the company’s strong and consistent execution across business segments, solid financial performance and disciplined deleveraging efforts over recent years. With ...

MONTREAL, Dec. 01, 2025 (GLOBE NEWSWIRE) -- The Bombardier team is proud to share that Moody’s has upgraded the company’s credit rating from B1 to Ba3, with a positive outlook. With this recent upgrade, Bombardier’s credit ratings are back in the Ba/BB category with both Moody’s and S&P for the first time in over a decade. This achievement reflects the company’s strong and consistent execution across business segments, solid financial performance and disciplined deleveraging efforts over recent years. With ...

Core Insights - GE Aerospace and flydubai have signed an agreement for 60 GEnx-1B engines to power flydubai's first widebody fleet of 30 Boeing 787-9 aircraft, which includes spare engines and a long-term services agreement [1][2][3] Company Growth Strategy - The agreement supports flydubai's growth strategy and network expansion, allowing the airline to increase capacity on existing routes and meet the demand from a growing passenger base [3][4] - Established in 2008, flydubai currently serves over 135 destinations across 57 countries and is adding long-haul destinations to its network [3][7] Engine Selection and Performance - The selection of GEnx-1B engines reflects flydubai's confidence in GE Aerospace's technology, which is known for its performance, durability, and fuel efficiency [4][5] - Since its introduction in 2011, the GEnx engine family has accumulated over 70 million flight hours and is GE Aerospace's fastest-selling high-thrust engine, with more than 3,900 engines in service [5] Partnership and Investment - GE Aerospace has been a partner to the UAE for over 40 years, with a significant presence in the region, including more than 240 employees and various facilities [6] - GE Aerospace announced a $50 million investment in a new On Wing Support facility to support the future of flight in the UAE [6] Flydubai's Operational Milestones - Flydubai operates a single fleet of 96 Boeing 737 aircraft and has carried over 120 million passengers since its inception in 2009 [9] - The airline has opened more than 100 new routes that previously lacked direct air links to Dubai, enhancing connectivity and trade [8]

Financial Performance - Calumet's Q3'25 Adjusted EBITDA with Tax Attributes reached $92.5 million[6] - $44 million of restricted debt reduction occurred in Q3'25[6,8] - Year-to-date operating costs decreased by $61 million year-over-year[6,8] Segment Performance - Specialty Products and Solutions (SPS) achieved Adjusted EBITDA with Tax Attributes of $80.2 million in Q3'25, compared to $50.7 million in Q3'24[6] - Performance Brands (PB) reported Adjusted EBITDA with Tax Attributes of $13.2 million in Q3'25[6] - Montana/Renewables (MRL at 87%) posted Adjusted EBITDA with Tax Attributes of $17.1 million in Q3'25, versus $14.6 million in Q3'24[6] - Montana Renewables operating costs hit a new low in Q3'25 at $0.40 per gallon[6,8] Montana Renewables & SAF - MaxSAF 150 project is on track for Q2'26[6,8,9] - Approximately 100 million gallons of SAF contracts and term sheet commitments have been secured to date[6,8,15]

Core Insights - Bombardier's Global 8000 has received Transport Canada Type Certification, enabling its entry into service in 2025, with FAA and EASA certifications to follow [2][6][12] Performance and Features - The Global 8000 achieved a top speed of Mach 0.95 and a range of 8,000 nautical miles, making it the fastest civilian aircraft since the Concorde [6][7] - It features the lowest cabin altitude in business aviation at 2,691 feet at 41,000 feet, significantly reducing physiological stress for passengers [3][6][8] - The aircraft includes advanced systems such as the Pũr Air system for air quality and the Soleil circadian lighting system to combat jet lag [4][8] Design and Comfort - The Global 8000 offers four true living spaces and a separate crew rest area, setting a high standard for luxury and comfort in business jets [8] - Its advanced wing design allows for takeoff and landing performance comparable to light jets, enabling access to 30% more airports than its closest competitor [7] Industry Impact - This certification and the aircraft's capabilities position Bombardier as a leader in the business aviation sector, setting new industry benchmarks [4][6]

Core Insights - Fluor has been selected for the front-end engineering and design of a sustainable aviation fuel hub in England, indicating a strategic move towards renewable energy solutions in the aviation sector [1] Company Summary - Fluor's involvement in the sustainable aviation fuel hub project highlights its commitment to advancing sustainable energy technologies and positions the company as a key player in the growing market for renewable fuels [1] Industry Summary - The selection of Fluor for this project reflects the increasing demand for sustainable aviation fuel, which is becoming a critical component in the aviation industry's efforts to reduce carbon emissions and enhance environmental sustainability [1]

Core Insights - Bombardier is set to release its financial results for the third quarter of 2025 on November 6, 2025 [1] - The presentation will be led by Éric Martel, President and CEO, and Bart Demosky, Executive Vice President and CFO, starting at 8:00 a.m. ET [2] - A live webcast will be available for the presentation, along with financial charts [2] Company Overview - Bombardier designs, builds, modifies, and maintains high-performance aircraft for various sectors including businesses, governments, and militaries [4] - The company aims to innovate in aviation to enhance reliability, efficiency, and sustainability [5] - Bombardier operates a fleet of approximately 5,100 aircraft, supported by a global network and 10 service facilities across six countries [6]

Sustainable Aviation Fuel (SAF) Funding - Singapore will implement a fixed levy on departing flights [1] - The levy aims to fund sustainable aviation fuel (SAF) initiatives [1] - The goal is to reduce emissions from the aviation sector [1]

Sustainability Initiatives - Kenya Airways aims to demonstrate the feasibility of producing sustainable aviation fuel in Africa [1] - This initiative could unlock new financing avenues for the airline to reduce its emissions [1]

Core Insights - Honda Aircraft Company has successfully conducted a test flight of the HondaJet using a 100% blend of sustainable aviation fuels (SAF), marking it as the first twin-turbine very light business jet to achieve this milestone [1][2]. Company Developments - The test flight utilized a production-model HondaJet fueled with Hydroprocessed Esters and Fatty Acids Synthetic Paraffinic Kerosene (HEFA-SPK) and Hydrodeoxygenated Synthetic Aromatic Kerosene (HDO-SAK) [2]. - The engineering team at Honda Aircraft, in collaboration with GE Honda Aero, has been instrumental in this achievement, showcasing the feasibility of using 100% SAF blends [2][3]. - Honda Aircraft Company has been recognized for its commitment to sustainable aviation, having received Sustainable Flight Department Accreditation from the National Business Aviation Association (NBAA) in October 2024 [4]. Environmental Commitment - The successful test flight aligns with Honda's global goal of decarbonizing business activities by 2050, as stated by the Senior Vice President and Chief Commercial Officer of Honda Aircraft Company [4]. - The HondaJet design emphasizes fuel efficiency, achieving up to a 20% improvement in fuel economy compared to similar aircraft, which supports the company's sustainability initiatives [4]. Product Information - Honda Aircraft Company, a subsidiary of American Honda Motor Co., Inc., is responsible for the development and manufacturing of the HondaJet Elite II and is planning to introduce the HondaJet Echelon, an 11-occupant aircraft [5]. - Cumulative deliveries of the HondaJet surpassed 250 units globally by 2024, indicating strong market presence and demand [5].