Bombardier 2Q revenue surges 31% on higher aircraft salesnews Fayaz Hussain 29 Jul 24 0Canadian aerospace manufacturer Bombardier reported revenue of $2.2bn in the second quarter of 2024, up 31% year-over-year from $1.7bn in the same period last year… Read more
Bombardier redeems $788m in senior notesnews Fayaz Hussain 21 Jun 24 0Canadian aerospace manufacturer Bombardier announced that it has successfully completed the redemption of a portion of its outstanding senior notes. The company repurchased a total… Read more
S&P upgrades Bombardier to ‘B+’ from ‘B’ on deleveraging effortsnews Fayaz Hussain 6 Jun 24 0Credit ratings agency S&P Global upgraded the Canadian business jet maker Bombardier’s credit rating to ‘B+’ from ‘B’ citing continued progress on reducing debt and… Read more
Bombardier raises $750m via senior notesnews Fayaz Hussain 6 Jun 24 0Canadian aerospace manufacturer Bombardier announced the successful closing of its previously announced offering of senior notes. The company raised a total of $750m with these… Read more
Jet.AI secures non-recourse financing for fleet expansionnews Fayaz Hussain 4 Jun 24 0Private aviation company Jet.Ai announced that it has successfully arranged non-binding, non-recourse debt financing to purchase Bombardier Challenger 3500 aircraft. The company said the proposed… Read more
Leading Edge ‘proud’ of 1,000 aircraft transactionsnews Rob Hodgetts 4 Jun 24 0Reaching the milestone of 1,000 turbine aircraft transactions made for “an exciting countdown” but for Joe Carfagna Jr. and his Leading Edge Aviation Solutions team… Read more
OPUL Jets upgrades fleet with SpaceX’s Starlink Aviation connectivitynews Mike Stones 29 May 24 0Private jet charter provider OPUL Jets is ungrading its fleet with SpaceX’s Starlink Aviation connectivity system. Revealing the new partnership at the European Business Aviation… Read more
Bombardier hits multi-year high as BofA upgrades stock to ‘Buy’news Fayaz Hussain 23 May 24 0Bombardier surged on Wednesday, reaching its highest point since October 2018, after Bank of America analysts upgraded the stock to ‘buy’ from ‘underperform’. The stock… Read more
Bombardier announces $500m senior notes offeringnews Fayaz Hussain 22 May 24 0Montreal-based aerospace manufacturer Bombardier announced the launch of a new $500m senior notes offering maturing in 2032. The proceeds from this offering, along with existing… Read more
Zipporah Marmor joins Opus Aeronews Alasdair Whyte 13 May 24 0Zipporah Marmor has joined Opus Aero. She is now managing partner Opus Aero North America. Marmor, a past president of the International Aircraft Dealers Association… Read more
NetJets revealed as customer for 12 Challenger 3500s, with options for 232 aircraftnews Yves Le Marquand 2 May 24 0NetJets has been revealed as the previously confidential buyer of 12 Bombardier Challenger 3500 aircraft. The transaction, valued at $326.4m, was announced back in December last year,… Read more
Bombardier’s first quarter revenue slips on lower aircraft salesnews Fayaz Hussain 25 Apr 24 0Canadian aerospace manufacturer Bombardier announced financial results for first quarter of 2024 reporting 12% year-over-year decline in revenue to $1.3bn from $1.4bn same period last… Read more
Bombardier claims first for revealing environmental impactsnews Mike Stones 3 Apr 24 0Bombardier claims to be the first business jet manufacturer to reveal the environmental impact of its portfolio, after providing public access to the footprint of all… Read more
Bombardier debuts Global 7500 jet at Singapore Airshownews Fayaz Hussain 22 Feb 24 0Bombardier showed off its Global 7500 aircraft at the Singapore Airshow. With over 150 delivered aircraft, the ultra-long-range jet holds the title for the longest… Read more
Bombardier 2023 revenues soar on higher jet deliveriesnews Fayaz Hussain 8 Feb 24 0Canada’s Bombardier reported financial results for 2023 where in it reported 16% year-on-year increase in total revenue at $8bn compared with $6.9bn in 2022 driven… Read more
CJI Miami – What lies beneathopinion Alasdair Whyte 10 Nov 23 0There are two sides to the Fontainebleau where Corporate Jet Investor Miami took place this week. Visitors and most guests see the polished side. But… Read more
Bombardier to redeem senior notesnews Fayaz Hussain 7 Nov 23 0Bombardier announced a series of financial transactions including a tender offer of $110m , redeeming all of its outstanding 7.5% senior notes due in 2025… Read more
Bombardier ‘firing on all cylinders’news Fayaz Hussain 3 Nov 23 0Bombardier surprised the market yesterday as it posted higher-than-expected revenue of $1.85bn (adjusted EPS of $0.73). This growth in revenues was driven by better prices… Read more
Bombardier delivers 31 jets in third quarternews Fayaz Hussain 2 Nov 23 0Bombardier made 31 aircraft deliveries in third quarter of 2023, up six compared with the same period last year. Of this, 16 were Challenger jets… Read more
Bombardier sticks to 2025 date for Global 8000, delivers 150th Global 7500news Alasdair Whyte 16 Oct 23 0Bombardier is still planning to deliver its Global 8000 flagship aircraft to customers in the second half of 2025. “We have seen no reason to… Read more