Welcome to our dedicated page for Bombardier B news (Ticker: BDRBF), a resource for investors and traders seeking the latest updates and insights on Bombardier B stock.
Bombardier Inc. (BDRBF) is an aircraft manufacturing company that focuses on business aviation, with Challenger and Global jets at the core of its portfolio. The company’s news flow reflects activities across aircraft development, manufacturing, services, defense programs and corporate finance. Readers of this page can follow how Bombardier describes the evolution of its products, facilities and capital structure over time.
Recent announcements from Bombardier have covered topics such as the certification and entry into service of the Global 8000 ultra‑long‑range business jet, which the company highlights for its speed, range and cabin characteristics. Other news has detailed investments in manufacturing infrastructure, including a new manufacturing centre in Dorval and the Global Aircraft Assembly Centre in the Greater Toronto Area, as well as service network expansion with a major facility under construction at Al Bateen Executive Airport in Abu Dhabi.
Bombardier’s communications also include updates on government and defense‑related contracts, such as the purchase of Global 6500 aircraft by the Government of Canada for multi‑mission air transport and the use of Global 6000 platforms in the PEGASUS airborne signals intelligence program in Germany. Financial and capital markets news has highlighted debt redemptions, deleveraging progress and credit rating changes from agencies like Moody’s and S&P.
On this BDRBF news page, investors and aviation observers can review company press releases related to aircraft programs, service initiatives, defense collaborations, sustainability disclosures and financing activities. The feed offers a consolidated view of how Bombardier presents its strategy and operations across business jets, services and defense applications.
Bombardier's annual Safety Standdown, a key aviation safety event, celebrates its 25th anniversary. Chris Milligan has been appointed as the new leader following Andy Nureddin's planned retirement. Milligan aims to uphold the event's reputation for excellence and expand lifelong learning opportunities in aviation safety. The initiative, created in 1996, promotes higher standards of safety and professionalism across the industry. Since its inception, over 10,000 aviation professionals have participated in Safety Standdown seminars worldwide, which remain free to all attendees.
Summary not available.
Bombardier reported third-quarter revenues of $1.4 billion, up 17% year-over-year, driven by improved delivery mix and a strong aftermarket recovery. Adjusted EBITDA was $142 million with a margin of 9.8%, a 69% increase from last year. Free cash flow amounted to $100 million, improving by $747 million year-over-year. The company's backlog rose to $11.2 billion, aided by a healthy 1.7 book-to-bill ratio. Importantly, Bombardier achieved a $3 billion debt reduction since 2021, enhancing liquidity to $1.9 billion. The new Challenger 3500 jet has received a positive market reception.
Bombardier will announce its financial results for Q3 2021 on October 28, 2021, at 8:00 a.m. EST. The company plans to host a webcast/conference call to discuss these results intended for investors and financial analysts. Stakeholders can access the live webcast at ir.bombardier.com. Additionally, they can join the call via telephone using specific conference call numbers provided for both English and French listeners. A replay of the call will be available shortly after the livestream ends.
Summary not available.
Bombardier and Signature Flight Support have signed a significant Memorandum of Understanding (MoU) aimed at enhancing customer service in private aviation. This collaboration will see Signature as the preferred concierge service provider at Bombardier service centers across the U.S. and Europe, initially launched in five U.S. cities. The MoU also includes joint efforts to promote Sustainable Aviation Fuel (SAF) and improve service capabilities through Bombardier's Mobile Response Team. This strategic partnership is positioned to redefine industry standards and support environmental sustainability.
On October 12, 2021, Bombardier announced Collins Aerospace as its Preferred Service Provider (PSP) for fleetwide connectivity services. This partnership allows Bombardier customers to access and manage cockpit and cabin connectivity via Collins’ ARINCDirect digital tools. Comprehensive on-site support from ARINCDirect representatives will enhance customer service at Bombardier’s facilities. The agreement aims to streamline customer experience and provide robust support for connectivity needs, reiterating Bombardier's commitment to delivering high-quality aviation solutions.
Bombardier showcased its new Challenger 3500 business jet and celebrated its launch at the NBAA-BACE event in Las Vegas. The launch customer, Les Goldberg, expressed excitement about the jet's reliability. Bombardier is expanding its customer service offerings globally, particularly in the U.S. The Challenger 3500 boasts a redesigned interior and advanced technology, with a firm order of 20 jets already received. The company is also highlighting its commitment to sustainability amid industry challenges.
Bombardier announced a firm order for 20 Challenger 3500 business jets, marking its largest business jet transaction of 2021, valued at $534 million. This order, received shortly after the aircraft's unveiling on September 14, underscores the model's market demand. The Challenger 3500 features innovative technologies, including the first voice-controlled cabin and superior passenger comfort. Designed with sustainability in mind, it will be the first super mid-size business jet with an Environmental Product Declaration and aims to enter service in the second half of 2022.
Bombardier is showcasing its Global 7500 and Challenger 350 aircraft in a European tour, highlighting their luxury and performance. The tour began in Germany and will conclude in Sweden on October 5. The Global 7500 stands out with its range of 7,700 nautical miles and innovative cabin design, while the Challenger 350 has been a best-seller for seven consecutive years. Both jets are utilizing Sustainable Aviation Fuel to emphasize Bombardier's commitment to environmental sustainability during the tour.
FAQ
What is the current stock price of Bombardier B (BDRBF)?
What is the market cap of Bombardier B (BDRBF)?
