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WICHITA, Kan., April 06, 2022 (GLOBE NEWSWIRE) -- On Tuesday, April 19, 2022, Bombardier will host a special celebration to outline the future of its site in Wichita as well as highlight the multiple job opportunities available. Members of the media are invited to attend with an opportunity...
A milestone moment: VistaJet now offers a fleet of 10 Global 7500 business jets following Bombardier’s 100th delivery of the aircraft; VistaJet continues to expand its fleet globally, and now manages 10% of all the world’s Global 7500 aircraft; Ce...
Bombardier (BDRAF, BDRBF) says it will seek approval at the annual shareholder meeting in May for a reverse stock split that could range between 10-for-1 and 30-for-1. The Canadian planemaker says it wants to adjust the number of shares to a level comparable with those of companies with simil...
MONTRÉAL, March 25, 2022 (GLOBE NEWSWIRE) -- Bombardier issued today its Notice of Annual and Special Meeting of Shareholders to be held on May 5, 2022 at 10:30 a.m. EDT (the Annual Meeting), which will include a Special Resolution authorizing the Corporation to amend its Restated Arti...
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...
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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...