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Bombardier Set to Impress at NBAA-BACE 2025 with Global and Challenger Jets on Display
Globenewswire· 2025-10-10 11:30
Core Insights - Bombardier will participate in the 2025 NBAA Business Aviation Convention & Exhibition from October 14–16 in Las Vegas, showcasing its Global 7500, Global 6500, and Challenger 3500 aircraft [1][9] - The company emphasizes its commitment to innovation and exceptional ownership experience, with the upcoming Global 8000 positioned as the fastest business jet in the world [2][6] - Bombardier operates a fleet of over 5,100 aircraft, supported by a global network and multiple service facilities [7] Company Highlights - Bombardier's aircraft are designed to inspire and exemplify innovation and craftsmanship, ensuring a smooth ride and exceptional comfort [2][5] - The company has received the "Red Dot: Best of the Best" award for Brands and Communication Design in 2024, highlighting its commitment to quality and design [7] - Bombardier is dedicated to pioneering the future of aviation with a focus on reliability, efficiency, and sustainability [6][8] Event Details - Two exclusive media events will be held during NBAA-BACE, including a special unveiling on October 14 at 2:00 p.m. [3][9] - Media representatives are invited to attend these events for exclusive access to Bombardier's latest announcements [3][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
With 150 city-pair speed records(1), the Global 7500 aircraft is most-decorated business aircraft type of all timeThe Global 7500 aircraft has reached more than 200 deliveries and over 280,000 flying hours, setting the stage for the company’s Global 8000(2), which is expected to enter into service later this year MONTRÉAL, Oct. 02, 2025 (GLOBE NEWSWIRE) -- Bombardier today announced that its industry-defining Global 7500 business jet just notched a new performance milestone with its 150th speed record(1), ...
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
With 150 city-pair speed records(1), the Global 7500 aircraft is most-decorated business aircraft type of all timeThe Global 7500 aircraft has reached more than 200 deliveries and over 280,000 flying hours, setting the stage for the company’s Global 8000(2), which is expected to enter into service later this year MONTRÉAL, Oct. 02, 2025 (GLOBE NEWSWIRE) -- Bombardier today announced that its industry-defining Global 7500 business jet just notched a new performance milestone with its 150th speed record(1), ...
U.S. government stays shut as lay-offs loom
Youtube· 2025-10-02 07:02
The CNBC app, global market news in one place. Customizable sections and personalized alerts, stocks tracking, interactive charts and market insights, all in your hands. Stay connected, stay informed, download the CNBC app today.[Music] >> A very good morning and a warm welcome to Squawkbox Europe. I'm Juliana Tattlebomb with Karen Cho and Steve Sedwick. And these are your headlines this morning.The US government remains in shutdown. But President Trump sees a silver lining, saying the administration will u ...
Bombardier Transitions Los Angeles-Based Component Manufacturing Activities to its New Moorpark Facility
GlobeNewswire News Room· 2025-08-21 11:30
Core Points - Bombardier inaugurated its newly relocated and expanded component manufacturing facility in Moorpark, California, enhancing its U.S. operations and commitment to manufacturing excellence [2][4] - The Moorpark facility replaces Bombardier's previous Los Angeles-area operations and features a modern space of nearly 46,000 square feet, accommodating 30 employees [3][7] - The new facility is integral to Bombardier's global manufacturing network, producing key components for the Global 7500 and Global 8000 business jets [7][10] Company Commitment - The relocation signifies Bombardier's long-term presence in California and its expansion in the U.S. manufacturing footprint [4][5] - The facility reflects Bombardier's dedication to innovation and high-quality job creation, reinforcing its ties to the California community [5][6] - The investment in Moorpark positions the city as a hub for advanced manufacturing, contributing to economic growth in the region [6][7]
Bombardier Second Quarter Performance Places Corporation on Track for Full-Year Guidance while Backlog Grows Significantly
GlobeNewswire News Room· 2025-07-31 10:30
Core Insights - Bombardier Inc. reported strong financial results for Q2 2025, with a significant increase in orders and service revenues, positioning the company to meet its full-year guidance [2][3][4] Financial Performance - Total revenues for Q2 2025 reached $2.0 billion, reflecting an 8% decline year-over-year, while service revenues increased by 16% to $590 million [6][12] - Adjusted EBITDA was $297 million, down 11% from the previous year, while reported EBIT increased by 7% to $205 million [6][12] - Net income for the quarter was $193 million, compared to $19 million in Q2 2024, with diluted EPS rising to $1.87 from $0.12 [14][45] Order Backlog and Deliveries - The order backlog surged to $16.1 billion, a $1.9 billion increase from the previous quarter, marking the highest single-quarter business jet unit order volume in over a decade [9][10] - The company delivered 36 aircraft in Q2 2025, maintaining a consistent delivery pace year-over-year, with total first-half deliveries also at 59 aircraft [5][9] Service Expansion - Bombardier's services business reported impressive revenue growth, with plans for new maintenance and paint facilities in Abu Dhabi and the UK, respectively [4][10] - The service network is expanding to support a growing fleet, which includes the addition of 36 Challenger and Global aircraft in Q2 [4][5] Liquidity and Debt Management - Available liquidity stood at $1.2 billion, with cash and cash equivalents at $811 million as of June 30, 2025 [10][14] - The company successfully refinanced $500 million of Senior Notes due in 2027, extending the maturity to 2033, contributing to a credit rating upgrade from S&P Global Ratings to BB- [10][14]
Bombardier’s Blazing Fast Global 7500 Jet Sets its 135th City-Pair Speed Record, the Most Ever Achieved by a Single Business Aircraft Type
Globenewswire· 2025-07-11 10:30
Core Insights - Bombardier's Global 7500 business jet has set a record of 135 speed records, the highest for any single business aircraft type [1][9] - The Global 7500 has achieved significant milestones, including the longest flight in business aviation history at 8,225 nautical miles (15,232.7 km) from Sydney to Detroit [2][9] - The upcoming Global 8000 aircraft is expected to have a range of 8,000 nautical miles (14,816 km) and a top speed of Mach 0.94, enhancing Bombardier's offerings in the ultra-long-range category [4][5] Performance Attributes - The Global 7500 features a top speed of Mach 0.925 and a baseline range of 7,700 nautical miles (14,260 km), setting a new benchmark in its category [3][9] - The aircraft's Smooth Flĕx Wing design improves aerodynamic efficiency, reduces fuel burn, and enhances safety, providing a smooth ride [3] - The Global 8000 is designed for impressive runway performance, allowing access to smaller airports that other aircraft in its category cannot reach [5] Customer Commitment - Bombardier aims to meet the needs of discerning customers by providing reliable, fast, and efficient business tools [3][6] - The company operates a fleet of over 5,100 aircraft, supported by a global network and multiple service facilities [8] - Bombardier is committed to sustainability, planning to cover all flight operations with a Sustainable Aviation Fuel (SAF) blend [10]
Bombardier's Blazing Fast Global 7500 Jet Sets its 135th City-Pair Speed Record, the Most Ever Achieved by a Single Business Aircraft Type
GlobeNewswire News Room· 2025-07-11 10:30
Core Insights - Bombardier's Global 7500 business jet has set a record of 135 speed records, the highest for any single business aircraft type [1][9] - The Global 7500 has achieved significant milestones, including the longest flight in business aviation history at 8,225 nautical miles (15,232.7 km) from Sydney to Detroit [2][9] - The upcoming Global 8000 aircraft is expected to have a range of 8,000 nautical miles (14,816 km) and a top speed of Mach 0.94, enhancing Bombardier's offerings in the ultra-long-range category [4][9] Performance Attributes - The Global 7500 features a top speed of Mach 0.925 and a baseline range of 7,700 nautical miles (14,260 km), setting a new benchmark in its category [3][9] - The aircraft's Smooth Flĕx Wing design improves aerodynamic efficiency, reduces fuel burn, and enhances safety, contributing to its record-setting performance [3][9] - The Global 8000 is designed for impressive runway performance, allowing access to smaller airports that other aircraft in its category cannot reach [5] Customer Focus - Bombardier emphasizes understanding customer needs, providing reliable and efficient business tools for quick travel [3][6] - The company operates a fleet of over 5,100 aircraft, supported by a global network and multiple service facilities [8] Industry Recognition - The Global 7500 is recognized as the most decorated record-setting business jet, solidifying Bombardier's leadership in the ultra-long-range class [9]
Bombardier's Record-Setting Global 7500 Aircraft Earns New Speed Record Between Montréal and Paris
Globenewswire· 2025-06-15 22:00
Core Insights - Bombardier's Global 7500 aircraft has set a new speed record, flying from Montreal to Paris at over 1,000 km/hr in 5 hours and 30 minutes, showcasing its superior performance capabilities [2][3] - The Global 7500 continues to demonstrate its excellence with a history of speed records, including a recent flight from Paris to Montreal in under 6 hours and the longest mission for a business jet at 8,225 nautical miles [3][5] - The Global 7500 is designed for business travelers, offering a maximum range of 7,700 nautical miles, a spacious cabin with customizable features, and advanced connectivity options [4] Company Overview - Bombardier operates a fleet of over 5,100 aircraft, supported by a global network and 10 service facilities across six countries [7] - The company is committed to innovation in aviation, focusing on reliability, efficiency, and sustainability, while delivering high-quality craftsmanship [6] - Bombardier's manufacturing facilities are located in Canada, the United States, and Mexico, and the company received the "Red Dot: Best of the Best" award in 2024 for its branding and communication design [7]
Bombardier to Showcase its Top Performing Global 7500 and Challenger 3500 Business Jets at the Catarina Aviation Show in Brazil
Globenewswire· 2025-05-29 11:30
Core Viewpoint - Bombardier is showcasing its Global 7500 and Challenger 3500 aircraft at the Catarina Aviation Show in São Paulo, Brazil, emphasizing their exceptional performance and suitability for the Brazilian market [2][4][5]. Group 1: Aircraft Performance and Features - The Global 7500 offers remarkable runway performance and a range of 7,700 nautical miles (14,260 km), with a top speed of Mach 0.925, making it ideal for long-haul flights to major global destinations [3][5]. - The Challenger 3500 is recognized for its industry-leading performance, operational efficiency, and comfort, boasting a dispatch reliability of 99.8% [8]. - Both aircraft are designed to excel in hot and high runway conditions, allowing access to challenging airfields that competitors may not reach [6][8]. Group 2: Market Importance and Customer Support - The Brazilian market is crucial for Bombardier, and the company aims to meet the specific needs of customers in the region with its aircraft offerings [4]. - Bombardier provides a dedicated support network, including the Authorized Service Facility MAGA Aviation in São Paulo, which offers maintenance and parts for all Bombardier aircraft [4]. - The company operates a full-service Miami Opa-Locka Service Centre and has approximately 100 service locations worldwide to support its customers [4]. Group 3: Future Developments - Bombardier is developing the Global 8000, which will feature an industry-leading range of 8,000 nautical miles and a top speed of Mach 0.94, set to enter service in 2025 [7].