STOCK TITAN

Bombardier Announces Firm Order for 12 Challenger 3500 Jets

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary
Bombardier (BBD) announces a firm order for 12 Challenger 3500 aircraft, valued at US$326.4 million based on list prices, with deliveries starting in 2025.
Positive
  • None.
Negative
  • None.
  • Customer places firm order for 12 Challenger 3500 aircraft with deliveries beginning in 2025
  • The order is valued at US$326.4 million based on 2023 list prices

MONTREAL, Dec. 22, 2023 (GLOBE NEWSWIRE) -- Bombardier today announced that the company has received a firm order for 12 Challenger 3500 aircraft. The transaction for the firm order is valued at US$326.4 million based on list prices. The customer has chosen the super-midsize market leader for its outstanding performance, refined cabin and sustainably minded features.

“Bombardier is proud that the Challenger 3500 jet sparks such confidence as the aircraft of choice for a vast majority of operators around the world, and continues to meet and exceed the expectations of its discerning clientele,” said Éric Martel, President and CEO, Bombardier. “The Challenger 3500 jet is truly a force to be reckoned with, and this order is a clear demonstration that this platform offers the exceptional experience that clients are seeking.”

The Challenger 3500 jet offers an unmatched in-flight experience to meet and exceed the expectations of the most discerning travelers. The aircraft’s flawless design provides an unparalleled cabin experience and elevates passengers’ comfort with Bombardier’s revolutionary Nuage seats and cutting-edge cabin technology. With an industry-leading dispatch reliability of over 99.8%, as well as outstanding range and runway performance, the Challenger 3500 aircraft offers the ultimate package, with access to the most remote locations while delivering Bombardier’s signature smooth ride from takeoff to landing.

Deliveries are set to begin in the second half of 2025.

About Bombardier

Bombardier (BBD-B.TO) is a global leader in aviation, focused on designing, manufacturing, and servicing the world's most exceptional business jets. Bombardier’s Challenger and Global aircraft families are renowned for their cutting-edge innovation, cabin design, performance, and reliability. Bombardier has a worldwide fleet of approximately 5,000 aircraft in service with a wide variety of multinational corporations, charter and fractional ownership providers, governments, and private individuals. Bombardier aircraft are also trusted around the world in government and military special-mission roles leveraging Bombardier Defense’s proven expertise.  

Headquartered in Greater Montréal, Québec, Bombardier operates aerostructure, assembly and completion facilities in Canada, the United States and Mexico. The company’s robust customer support network services the Learjet, Challenger and Global families of aircraft, and includes facilities in strategic locations in the United States and Canada, as well as in the United Kingdom, Germany, France, Switzerland, Italy, Austria, the UAE, Singapore, China and Australia.  

For corporate news and information, including Bombardier’s Environmental, Social and Governance report, as well as the company’s plans to cover all its flight operations with Sustainable Aviation Fuel (SAF) utilizing the Book and Claim system visit bombardier.com. Learn more about Bombardier’s industry-leading products and customer service network at businessaircraft.bombardier.com. Follow us on X (Twitter) @Bombardier.   

Bombardier, Learjet, Challenger, Challenger 3500, Global and Nuage are registered or unregistered trademarks of Bombardier Inc. or its subsidiaries.

For information

Christina Lemyre McCraw  
Manager, Public Relations and Communications   
+1 514 497-4928  
christina.lemyremccraw@aero.bombardier.com


FAQ

What is the firm order announced by Bombardier?

Bombardier has received a firm order for 12 Challenger 3500 aircraft, valued at US$326.4 million based on list prices, with deliveries starting in 2025.

What are the key features of the Challenger 3500 aircraft?

The Challenger 3500 jet offers an unmatched in-flight experience with revolutionary Nuage seats, cutting-edge cabin technology, industry-leading dispatch reliability of over 99.8%, outstanding range, and runway performance.

Who is the President and CEO of Bombardier?

Éric Martel is the President and CEO of Bombardier.

When are the deliveries of the Challenger 3500 aircraft set to begin?

Deliveries of the Challenger 3500 aircraft are set to begin in the second half of 2025.

BOMBARDIER INC B

OTC:BDRBF

BDRBF Rankings

BDRBF Latest News

BDRBF Stock Data

7.53B
85.16M
1.66%
28.4%
Aerospace & Defense
Industrials
Link
United States of America
Dorval