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Cessna Citation CJ3 Gen2 Enters Into Service, Delivering the Most Significant Gen2 Updates to Date
Businesswire· 2026-01-08 21:30
With a maximum range of 2,040 nautical miles (3,778 kilometers) and a maximum payload of 2,135 lbs. (968.4 kg), the Citation CJ3 Gen2 offers excellent range, payload and field performance to enable pilots to achieve a "The Citation CJ3 Gen2 delivers an unmatched experience from day one—thanks to its exceptional range, payload and efficiency, combined with new productivity and comfort features,†said Lannie O'Bannion, senior vice president, Sales & Marketing. "Customers like Shannon and Dave will undoubtedly ...
Cessna Citation Ascend Enters Into Service, Redefining Performance and Cabin Experience in the Midsize Business Jet Market
Businesswire· 2025-12-31 14:00
WICHITA, Kan.--(BUSINESS WIRE)--The Cessna Citation Ascend achieved a major milestone as the first retail customer took delivery of the midsize business jet on Tuesday, December 30, marking the aircraft's entry into service. Announced in 2023 the aircraft boasts an entirely new cockpit, improved performance and a luxurious flat floor cabin. The Citation Ascend received type certification from the Federal Aviation Administration (FAA) in November 2025. The Cessna Citation Ascend is designed and manufactured ...
Bombardier Elevates In-Flight Connectivity with New Smart Router for Challenger and Global Aircraft
Globenewswire· 2025-12-16 12:00
Bombardier introduces a high-performance connectivity device by launching Smart Router, a powerful solution for today’s connected aviationThe Smart Router will allow Bombardier customers to stay connected, with around-the-clock support and security at the core of the design, elevating the experience of customers and operators on the ground and in the airThe Smart Router will be available as baseline equipment for the entire portfolio of in-production Challenger aircraft and Global aircraft by 2026Customers ...
Bombardier: The Beginning Of A Bigger Business Jet Boom You Don't Want To Miss (BDRAF)
Seeking Alpha· 2025-11-08 13:06
Core Insights - Bombardier, a Canadian business jet specialist, has seen its stock price increase by nearly 18% since the last report, outperforming the S&P 500's 4% gain, and has surpassed the analyst's price target [1] Group 1: Company Performance - The significant rally in Bombardier's stock indicates strong market performance and investor confidence in the company's growth prospects [1] Group 2: Analyst Background - The analysis is provided by an aerospace, defense, and airline analyst with a background in aerospace engineering, focusing on identifying investment opportunities within the aerospace and defense sectors [1]
Bombardier quarterly revenues rise 11% on increased services, deliveries
Reuters· 2025-11-06 11:38
Core Insights - Canadian business jet maker Bombardier reported an 11% increase in third-quarter revenue, driven by higher demand in its aftermarket services and the delivery of four additional planes [1] Revenue Performance - The company experienced an 11% rise in revenue for the third quarter, indicating strong performance in its aftermarket services business [1] - The increase in revenue was also supported by the delivery of four more planes during the quarter [1]
Bombardier Third Quarter 2025 Results See Strong Order Momentum and Significant Increases in Revenues, Deliveries, Services and Free Cash Flow
Globenewswire· 2025-11-06 11:30
Core Insights - Bombardier Inc. reported strong financial results for Q3 2025, with significant year-over-year gains across multiple key metrics, indicating robust performance and positioning for full-year guidance achievement [1][2][3] Financial Performance - Revenues reached $2.3 billion, reflecting an 11% increase year-over-year, driven by a favorable delivery mix favoring Global aircraft with a total of 34 units delivered [3][7] - Adjusted EBITDA was $356 million, marking a 16% year-over-year increase, with an adjusted EBITDA margin improvement of 60 basis points to 15.4% [5][7] - Free cash flow improved significantly to $152 million, a $279 million increase compared to the same quarter last year, attributed to increased customer advances and lower inventory investments [6][7] Services and Expansion - Services revenue was $590 million, achieving a 12% year-over-year growth, highlighting the segment's strong performance and growth potential [4][7] - The company announced a major multi-phase U.S. expansion initiative, starting with a new service center in Fort Wayne, Indiana [4][7] Backlog and Liquidity - The backlog grew by $0.5 billion to $16.6 billion as of September 30, 2025, with a unit book-to-bill ratio of 1.3, indicating strong order intake [8][9] - Available liquidity remained robust at $1.6 billion, including cash and cash equivalents of $1.2 billion [9][16] Debt Management - The company continued its disciplined approach to deleveraging, refinancing $250 million in debt and announcing an additional repayment of approximately $100 million due on December 3, 2025 [9][16]
Bombardier Global 8000, The World's Fastest and Longest-Range Four-Zone Business Jet, Now Sets a New Benchmark with the Lowest Cabin Altitude
Globenewswire· 2025-11-04 12:30
Core Insights - Bombardier's Global 8000 has set a new industry benchmark for cabin altitude at 2,691 ft at 41,000 ft, the lowest in business aviation, enhancing passenger wellbeing [2][4][5] - The aircraft is positioned as the fastest civil aircraft since the Concorde, with a top speed of Mach 0.95 and a range of 8,000 nautical miles [2][5] Group 1: Product Features - The Global 8000 offers the best combination of performance and comfort in the industry, focusing on elevating the passenger experience for ultra-long-range travel [3][5] - The new cabin altitude is designed to help passengers feel refreshed and alert upon arrival, akin to standing atop the Burj Khalifa while cruising at 41,000 feet [4][5] - Bombardier's Pũr Air system, featuring HEPA air filtration, complements the reduced cabin altitude to enhance passenger comfort [3][4] Group 2: Market Positioning - The Global 8000 is on track to enter service in 2025, aiming to redefine passenger comfort and performance in the business aviation sector [4][5] - Bombardier emphasizes its commitment to innovation and customer satisfaction, aiming to meet the unspoken needs of its discerning clientele [6][7] Group 3: Company Overview - Bombardier operates a fleet of over 5,100 aircraft, supported by a global network and multiple service facilities [8] - The company has been recognized for its design excellence, receiving the "Red Dot: Best of the Best" award in 2024 [8]
General Dynamics Revenue Rises on Stronger Business-Jet Demand
WSJ· 2025-10-24 11:42
Core Insights - General Dynamics reported higher third-quarter revenue and profit, attributed to increased orders for business jets as corporate profits rise and a new tax law provides incentives for companies to invest [1] Group 1: Financial Performance - The company experienced growth in both revenue and profit during the third quarter [1] - Increased orders for business jets were a significant factor in the financial performance [1] Group 2: Market Drivers - Corporate profits are continuing to grow, which positively impacts demand for business jets [1] - A new tax law has incentivized companies to invest, further driving orders for business jets [1]
General Dynamics quarterly profit rises on strong business jet deliveries
Reuters· 2025-10-24 11:07
Core Insights - General Dynamics reported a nearly 16% increase in third-quarter profit, driven by strong business jet deliveries [1] Financial Performance - The company experienced a significant rise in profit for the third quarter, indicating robust performance in its business jet segment [1]
Bombardier Celebrates Two-Aircraft Order from Sojitz Corporation, Strengthening Trans-Pacific Business Aviation in Asia
Globenewswire· 2025-10-15 11:30
Core Insights - Sojitz Corporation has placed an order for two Bombardier aircraft: the Global 6500 and the Global 8000, which will support the launch of Japan's first shared ownership program for large business jets, the Share Jet Program (SJP) [2][4] - The Global 8000 is noted as the fastest business jet in the world, with industry-leading landing capabilities and the longest range among four-zone aircraft, set to enter service by the end of 2025 [4][6] - The collaboration between Bombardier and Sojitz emphasizes a commitment to advancing business aviation in Japan and Asia, enhancing connectivity and efficiency [3][4] Aircraft Details - The Global 8000 is designed to redefine passenger experience with a quiet cabin, advanced engineering, and a combination of speed, range, and comfort, setting a new industry standard [6] - The Global 6500 is recognized for its smooth ride and refined comfort, making it suitable for various operational missions [7] - Both aircraft feature bespoke interiors tailored to reflect Sojitz's vision and high standards, showcasing Bombardier's expertise in cabin design [5][6] Market Implications - This order signifies Bombardier's expanding presence in Japan, a growing market for business aviation, and highlights the increasing demand for shared ownership programs in the region [4][10] - The partnership aims to enhance the overall customer experience in business aviation, aligning with Bombardier's commitment to innovation and customer-centric solutions [9][10]