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Bombardier Unveils BOND as Customer Behind June 2025 Landmark Order and Service Agreement
Globenewswire· 2025-10-14 22:00
BOND will enter the thriving business aviation market through their US$1.7B firm order for 50 Bombardier aircraft and a comprehensive service agreementLong-term, first-of-its-kind service agreement ensures BOND benefits from Bombardier’s global support network and industry-best service capabilitiesChallenger and Global aircraft selected to power BOND’s fleet reinforce Bombardier’s leadership in performance, comfort and reliability LAS VEGAS, Oct. 14, 2025 (GLOBE NEWSWIRE) -- Bombardier is proud to unveil BO ...
Willis Sustainable Fuels Names Wilton International Home to its Sustainable Aviation Fuel Project
Globenewswire· 2025-10-02 12:59
Core Insights - Willis Lease Finance Corporation (WLFC) has selected Wilton International in Teesside for its Sustainable Aviation Fuel (SAF) project, aiming to produce 14,000 tonnes of SAF annually starting in 2028, with over 80% reduction in greenhouse gas emissions compared to conventional jet fuel [1][2] - The project has received a £2.9 million grant from the UK Department for Transport's Advanced Fuels Fund to support its development from July 2025 to March 2026 [2] - The plant will convert sustainable biomethane sourced from waste into aviation fuel, creating approximately 50 permanent jobs and 200 roles during construction [3] Company Overview - WLFC is a leading lessor of commercial aircraft engines and provides various aviation services, including maintenance and repair solutions [5] - The company aims to develop projects that help decarbonize aviation through its subsidiary, Willis Sustainable Fuels [5] Strategic Importance - The selection of Wilton International highlights its strategic location and infrastructure, which are essential for the next generation of SAF production, reinforcing the UK's leadership in sustainable aviation [2][4] - The partnership with Sembcorp Energy UK emphasizes the commitment to enabling the UK's energy transition and supporting industrial decarbonization [4]
Bombardier’s Global 7500 Jet Soars to New Heights With its 150th Speed Record, Building on its Industry-Defining Record-Setting Performance
Globenewswire· 2025-10-02 11:25
Core Insights - Bombardier's Global 7500 business jet has achieved a significant milestone by setting 150 speed records, the highest for any single business aircraft type [2][5] - The aircraft has demonstrated exceptional performance, averaging speeds over 1,000 km/hr on 20 record-setting missions, and has established key city pair speed records [2][4] - The Global 7500 features a top speed of Mach 0.925 and a range of 7,700 nautical miles (14,260 km), setting a new benchmark in the ultra-long-range category [4][5] Performance Achievements - The Global 7500 has recorded the longest flight in business aviation history, covering 8,225 nautical miles (15,232.7 km) from Sydney to Detroit [3] - It has also completed the longest non-stop mission from London City Airport to Los Angeles, showcasing its capabilities [3] - The aircraft has surpassed 200 deliveries and accumulated over 280,000 flying hours, indicating strong market acceptance [5] Future Developments - Bombardier is set to introduce the Global 8000, which is expected to have a range of 8,000 nautical miles (14,816 km) and a top speed of Mach 0.94, enhancing the company's offerings in business aviation [5][6] - The Global 8000 will feature an ultra-low cabin altitude and improved runway performance, allowing access to smaller airports [6] Company Overview - Bombardier designs, builds, modifies, and maintains high-performance aircraft for various sectors, including business and government [7] - The company emphasizes innovation in aviation to enhance reliability, efficiency, and sustainability [8] - Bombardier operates a fleet of over 5,100 aircraft, supported by a global network of service facilities [9]
From Dubai to the world: Jetex’s next stage of expansion
Gulf Business· 2025-09-22 09:47
Core Insights - Jetex is planning significant global expansion, aiming to increase its locations from 37 to 75 by the end of next year, with a focus on deeper infrastructure investment and new technology [3][4] - The company is shifting its target demographic from ultra-high-net-worth individuals aged 50-80 to a younger audience aged 25-55, including clients from the crypto, fashion, tech, and celebrity sectors [4][10] - Jetex is positioning itself as a key player in Saudi Arabia's private aviation market, particularly through its role as the exclusive FBO provider for the Red Sea International Airport [9][10] Expansion Plans - Jetex's expansion strategy includes establishing a presence in Saudi Arabia, with plans to replicate its Dubai flagship facilities in other locations [10][11] - The company is also exploring opportunities in Southeast Asia, where the business jet market is expected to grow at a compound annual rate of approximately 15.5% from 2025 to 2030 [12] - Jetex is targeting secondary markets in Africa and Latin America, where demand for business aviation is increasing faster than commercial aviation capacity [13] Sustainability Initiatives - Jetex is investing in sustainable aviation fuel (SAF) to meet growing client demand for eco-friendly options, aiming to make SAF a standard offering [14][16] - The company is collaborating with aircraft manufacturers, operators, and fuel suppliers to enhance SAF availability across its network [15] Technological Advancements - Jetex is partnering with Joby Aviation and Archer in the eVTOL sector, aiming to redefine short-range passenger transport and enhance the client journey [17][18] - The company has developed a proprietary platform for real-time tracking of flights, crew schedules, and fuel supply, enabling rapid operational adjustments [20] Operational Efficiency - Jetex's centralized flight operations in Dubai support its global network, allowing for quick arrangements of permits, fuel, catering, and crew rest [20][21] - The company emphasizes that technology enhances operational speed and accuracy without replacing human staff [21]
SAS places record order for 55 Embraer aircraft to power future growth and regional connectivity
Prnewswire· 2025-07-01 13:28
Core Viewpoint - Scandinavian Airlines (SAS) has signed a significant agreement to acquire 45 Embraer E195-E2 aircraft, marking the largest jet order from a manufacturer since 1996, aimed at fleet renewal and enhancing operational efficiency [1][2][3] Group 1: Acquisition Details - The order includes purchase rights for an additional 10 aircraft, with a total value of approximately US$4 billion excluding purchase rights [2] - Deliveries of the aircraft are set to begin in late 2027 and will continue over a span of four years [2] Group 2: Strategic Importance - The E195-E2 aircraft is expected to improve SAS's operational capabilities, enhance connectivity across Scandinavia and Europe, and allow for more flexible route structures [3][5] - The aircraft's design supports SAS's long-term strategy of increasing efficiency, reducing emissions, and facilitating future growth opportunities [1][4] Group 3: Environmental Commitment - The E195-E2 is designed for sustainable aviation, capable of operating on 100% sustainable aviation fuel (SAF) in the near future, with current blends achieving up to 50% SAF [4][5] - The new aircraft will contribute to lowering SAS's environmental footprint and reinforce its commitment to reducing aviation's climate impact [5] Group 4: Operational Excellence - SAS has been recognized as the world's most punctual airline, reflecting its commitment to operational excellence and reliability [7] - The airline serves over 25 million passengers annually and operates a global network from its hub in Copenhagen [9][10]
Deutsche Aircraft and Pratt & Whitney Canada Advance Regional Turboprop Innovation at Paris Air Show
GlobeNewswire News Room· 2025-06-18 12:13
Core Insights - Deutsche Aircraft, in collaboration with Pratt & Whitney Canada, provided an update on the D328eco® regional turboprop at the Paris Air Show 2025, following the successful rollout of the first test aircraft in May 2025 and the completion of a joint synthetic fuel test campaign in late 2024 [1][4] Group 1: Aircraft Features and Performance - The D328eco is powered by Pratt & Whitney Canada's PW127XT-S engine, designed to meet the demands of regional air travel, particularly in challenging environments such as short runways and harsh weather [2] - The aircraft features enhancements that will significantly reduce operating costs and improve dispatch reliability, aiding regional airlines in providing dependable services [3] - Key performance improvements include up to 15% better fuel efficiency compared to its predecessor, 40% longer time on wing, and 20% lower maintenance costs [9] Group 2: Sustainability and Future Readiness - A successful flight test campaign using fully synthetic, zero aromatics Fischer-Tropsch fuels confirmed the propulsion system's performance with alternative fuels, supporting future operational flexibility and sustainability goals [4] - The ambition is to make the D328eco ready to operate with 100% Sustainable Aviation Fuel (SAF) at Entry Into Service (EIS) [5] Group 3: Development Timeline - The rollout of the first test aircraft marks the transition from design to flight testing, with flight tests scheduled to begin in 2026 [6] - The program is on track for type certification and EIS in Q4 2027 [6] Group 4: Customer Focus and Collaboration - Pratt & Whitney Canada emphasizes its commitment to supporting regional airlines by addressing their unique needs, thereby delivering significant value through reduced maintenance and operating costs [4] - Ongoing collaboration between Deutsche Aircraft and Pratt & Whitney Canada aims to ensure the aircraft meets high standards of performance, reliability, and efficiency [7]
Statement from Bart Demosky, Executive Vice President and CFO, Bombardier, on S&P’s Global Ratings Upgrade to BB- from B+
Globenewswire· 2025-06-18 11:30
Core Insights - Bombardier's credit rating has been upgraded to BB- from B+ by S&P Global Ratings, indicating strong financial performance and effective management strategies [1] - The company has maintained a positive financial trajectory, achieving consistent credit upgrades and solid execution across its business segments [2] - Bombardier emphasizes its commitment to diversifying revenue streams and investing with a focus on return on capital [3] Financial Performance - The upgrade in credit rating reflects Bombardier's robust financial performance, effective deleveraging efforts, and increased liquidity [1] - The company has a strong backlog that provides visibility on future deliveries, contributing to its positive financial outlook [2] Business Strategy - Bombardier is focused on diversifying its revenue through growth in Services and Defense businesses, alongside a market-leading product portfolio [2] - The company aims to continue its sustainable growth and stability by meeting commitments and controlling factors within its operations [3] Company Overview - Bombardier designs, builds, modifies, and maintains high-performance aircraft for various sectors, including businesses and governments [4] - The company operates a fleet of over 5,100 aircraft, supported by a global network and multiple service facilities [6] Innovation and Sustainability - Bombardier is committed to pioneering the future of aviation by innovating for reliability, efficiency, and sustainability [5] - The company is also focused on utilizing Sustainable Aviation Fuel (SAF) in its operations [7]