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Bombardier contributed $5.7B to Canada’s GDP, as well as 33,276 in full-time jobs in 2021 1 Bombardier spent $1.9B on goods and services provided by suppliers across Canada, of which 400 were located in Québec and 240 in Ontario 3 Between 2022-2025, t...
Bombardier does great for the full-year, with incremental growth coming from highest end jets. Aftermarket contribution also relevant with flight hours exceeding by 20% the pre-COVID level. However, larger cabin demand is more at risk to Russian sanctions, with larger cabins being...
MONTRÉAL, March 17, 2022 (GLOBE NEWSWIRE) -- Bombardier Inc. (“Bombardier”) today announced that it has redeemed $200 million principal amount of its outstanding 7.500% Senior Notes due 2024 (the “2024 Notes”) and $200 million principal amount of its outstan...
Bombardier is slowly getting credit for its strong progress toward its 2025 targets. Management is keeping the bar low, but an upward revision seems inevitable given the execution thus far. The implied FCF yield at >20% if Bombardier even comes close to reaching its target make...
MONTRÉAL, March 04, 2022 (GLOBE NEWSWIRE) -- The entire Bombardier team continues to be deeply saddened by the unfolding humanitarian crisis in Ukraine and Europe. As a company with deep roots in communities around the world, we are first and foremost concerned with the loss of human l...
Bombardier (OTCQX:BDRBF +1.7%) bounces higher following two analyst upgrades after the planemaker's investor day event on Thursday showed progress in meeting its 2025 goals. CEO Eric Martel said the company is on pace to reach targeted revenues of $7.5B, earnings of $1.5B and free cash f...
MONTRÉAL, Feb. 24, 2022 (GLOBE NEWSWIRE) -- Bombardier (TSX: BBD.B) will host a virtual 2022 Investor Day this morning to provide an update on the execution of its 2025 financial targets outlined a year ago. The company’s leadership will review Bombardier’s strong perform...
MONTRÉAL, Feb. 23, 2022 (GLOBE NEWSWIRE) -- Bombardier (TSX: BBD.B) will hold a virtual Investor Day on February 24, 2022. On February 24, 2022, at 9:00 a.m., EST, Bombardier will hold a virtual Investor Day to provide an update on its five-year strategic plan as outlined in ...
MONTREAL, Feb. 22, 2022 (GLOBE NEWSWIRE) -- Bombardier is pleased to announce the appointment of Christophe Degoumois, a former senior sales leader with the company, to the role of independent Executive Advisor, assisting the management team in strategic projects. Mr. Degoumois, who u...
Statement by Bart Demosky, Executive Vice President and Chief Financial Officer, Bombardier: MONTRÉAL, Feb. 15, 2022 (GLOBE NEWSWIRE) -- Earlier today, Bombardier Inc. (TSX: BBD.B) announced the partial redemption of $200 million of its 7.500% Senior Notes due 2024 and $200 million...
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Second quarter 2024 aircraft deliveries reached 39 units and total revenues climbed to $2.2 billion, with Services contributing $507 million, reflecting year-over-year growth of 34%, 32% and 18%, respectively. Adjusted EBITDA (1) of $335 million for the second quarter was up 22% year...
New line maintenance station provides quick and efficient light scheduled and unscheduled maintenance, as well as Aircraft on Ground (AOG) support On-site technicians offer OEM support to all Learjet , Challenger and Global aircraft New addition complements the wide array of...
MONTRÉAL, July 18, 2024 (GLOBE NEWSWIRE) -- Bombardier (TSX: BBD.B) will publish its financial results for the second quarter of 2024 on July 25, 2024. Financial results for the second quarter 2024 Éric Martel, President and Chief Executive Officer, Bombardier, and Bart De...