News & Videos - BOMBARDIER INC. BDRAF - English

Bombardier Defense signs deal with German-based operator Aero-Dienst GmbH, a 100% subsidiary of ADAC SE, for a new Bombardier Challenger 650 aircraft, which will be converted by the client for dedicated medevac use The Challenger 650 aircraft’s impressive range, outstanding short-field performance and proven reliability make it the perfect choice to complete precise and time-sensitive missions, such as medical evacuations Through this agreement, Bombardier Defense continues to expand its...

MONTRÉAL, June 05, 2024 (GLOBE NEWSWIRE) -- Bombardier Inc. (“Bombardier”) today announced that it has successfully closed its previously announced offering of US$750 million aggregate principal amount of Senior Notes due 2032 (the “New Notes”). The New Notes carry a coupon of 7.000% per annum, mature on June 1, 2032 and were sold at par. Bombardier intends to use the proceeds of the offering of the New Notes, together with cash on hand, (i) to fund the repayment and/or retirement of...

National Bank Financial Markets 14th Annual Quebec Conference Date: Wednesday, June 5, 2024 Location: Toronto, ON Bombardier Representative: Bart Demosky, Executive Vice President and CFO* MONTRÉAL, June 03, 2024 (GLOBE NEWSWIRE) -- Bombardier (BBD-B.TO) today announced that it will participate in the National Bank Financial Markets’ 14 th Annual Quebec Conference on June 5 th . Bombardier’s Executive Vice President and Chief Financial Officer, Bart Demosky will be in attendance. Interested...

The Aviator Lounge by Bombardier was officially opened by H.S.H, Prince Albert II of Monaco The new Lounge provides a state-of-the-art space where visitors can learn about Bombardier’s best-performing aircraft, history, and innovations, including the groundbreaking research into more sustainable ways to fly Located in the heart of Monaco, at the harbour level of the Monaco Yacht Club, the new space complements the company’s already strong presence in Europe that includes two service centres...

Royal Bank of Canada Capital Markets Canadian Industrials Conference Date: Wednesday, May 15, 2024 Location: Toronto, ON Bombardier Representative: Éric Martel, President and CEO* Bank of America Securities Transportation, Airline, & Industrials Conference Date: Wednesday, May 15, 2024 Location: New York, NY Bombardier Representative: Bart Demosky, Executive Vice-President and CFO* MONTRÉAL, May 06, 2024 (GLOBE NEWSWIRE) -- Bombardier (BBD-B.TO) today announced that it will participate in two...

MONTRÉAL, May 03, 2024 (GLOBE NEWSWIRE) -- The entire Bombardier team is proud to celebrate Moody’s rating upgrade announced yesterday. This most recent upgrade places Bombardier at a B1 rating with a stable outlook and reflects the company’s consistent performance to date throughout its turnaround. As we outlined in our 2024 Investor Day this week, we have a strong foundation upon which to keep improving key balance sheet metrics. Bombardier continues to build its resilience through growth...

Bombardier’s long-time valued client NetJets was unveiled as the customer who placed this order in December. The firm order for the 12 Challenger 3500 jets was valued at US$326.4 million based on list prices at the time of signing If all 232 Challenger 3500 options are exercised over time, the transaction could be valued at more than US$6 billion based on list prices The order reaffirms the strong ties between the companies and underscores the continued supremacy of the Bombardier Challenger...

MONTRÉAL, April 25, 2024 (GLOBE NEWSWIRE) -- Bombardier announces that all nominees in its management proxy circular dated March 8, 2024, were elected as directors of Bombardier Inc. during its annual general meeting of shareholders held earlier today. Detailed results of the ballot for the election of directors are below. Election of Directors Following a vote, each of the following 13 candidates proposed by management was elected a director of Bombardier: Candidates Votes For % For Votes...

Revenues of $1.3 billion for the first quarter reflect 13% year-over-year aftermarket growth and 20 aircraft deliveries, in line with production plan and full year delivery guidance of 150 to 155 aircraft. Adjusted EBITDA (1) of $205 million for the first quarter. Adjusted EBITDA margin (2) rose 140 bps year-over-year to 16%. Reported EBIT for the first quarter was $144 million. Adjusted EPS (2) positive at $0.36 for the first quarter, with diluted EPS (3) at $1.02. Free cash flow usage (1) of...

MONTRÉAL, April 18, 2024 (GLOBE NEWSWIRE) -- Bombardier (TSX: BBD.B) will publish its financial results for the first quarter of 2024 on April 25, 2024. That same day, Bombardier will hold its Annual General Meeting of Shareholders (“Meeting”) in a virtual format. Financial results for the first quarter 2024 Éric Martel, President and Chief Executive Officer of Bombardier, and Bart Demosky, Executive Vice President and Chief Financial Officer, Bombardier, will present the financial results...

MONTRÉAL, April 15, 2024 (GLOBE NEWSWIRE) -- Bombardier Inc. (“Bombardier”) today announced that it has redeemed US$100 million principal amount of its outstanding 7.875% Senior Notes due 2027 (the “Redemption Notes”) as set forth in the notice of partial redemption issued March 14, 2024. “Bombardier’s continued focus on prioritizing debt and net leverage reduction has given our company momentum and enhanced flexibility,” said Bart Demosky, Executive Vice President and CFO,...

MONTRÉAL, April 04, 2024 (GLOBE NEWSWIRE) -- Bombardier Inc. (“ Bombardier ” or the “ Corporation ”) today announced certain matters with respect to its cash tender offer previously announced on March 22, 2024 (as it may be amended from time to time, the “ Tender Offer ”) to purchase for cash up to US$550,000,000 aggregate purchase price (exclusive of accrued and unpaid interest, and as such aggregate purchase price may be increased or decreased by the Corporation, the “ Aggregate...

Bombardier provides public access to the environmental footprint of all of its in-production aircraft on its website, more than a year prior to its 2025 goal Environmental Product Declarations (EPDs) are an integral part of Bombardier’s extensive strategy toward a more sustainable aerospace industry Challenger 650 aircraft joins Bombardier’s Challenger 3500 , Global 5500 , Global 6500 and Global 7500 aircraft as the only business jets in the world to carry an EPD MONTRÉAL, April 03, 2024...

MONTRÉAL, April 01, 2024 (GLOBE NEWSWIRE) -- Bombardier Inc. (TSX: BBD.B) (“Bombardier” or the “Corporation”) confirmed today that its new normal course issuer bid (the “New NCIB”) will commence on April 3, 2024, following the early termination of its current normal course issuer bid. The Toronto Stock Exchange (the “TSX”) has approved purchases, from April 3, 2024 to April 2, 2025, up to 1,750,000 of its Class B shares (subordinate voting) under the New NCIB, representing...

Global 7500 aircraft proudly on display for customers at exclusive meetings in Hong Kong, Beijing and Seoul Uncompromising business jet fleet has surpassed more than 150,000 flying hours and has celebrated more than 165 deliveries With an impressive top speed of Mach 0.925 and a range of 7,700 nautical miles (14,260 km), the Global 7500 business aircraft is the perfect choice for Bombardier’s clients in Asia With more than 30 industry speed records, the Global 7500 continues to build on its...

Record-setting flights include Farnborough to Muharraq and Phoenix to Paris which took place on Feb 28 and March 6 Records set as Global 7500 aircraft are actively flying worldwide on customer and demonstrations missions, showcasing this immaculate jet to the public The Global 7500 business jet fleet has surpassed more than 100,000 flying hours and has celebrated more than 165 deliveries With an impressive top speed of Mach 0.925 and a range of 7,700 nautical miles (14,260 km), the Global 7500...

MONTRÉAL, March 22, 2024 (GLOBE NEWSWIRE) -- Bombardier Inc. (“Bombardier”) today announced that it has issued a conditional notice of partial redemption for US$200 million principal amount of its outstanding 7.875% Senior Notes due 2027 (the “Notes”). As set forth in the conditional notice of partial redemption issued today in respect of the Notes, the redemption date is April 22, 2024 (the “Redemption Date”), and the redemption price is 100.00% of the principal amount redeemed,...

MONTRÉAL, March 22, 2024 (GLOBE NEWSWIRE) -- Bombardier Inc. (“ Bombardier ” or the “ Company ”) today announced an amendment with respect to its cash tender offer previously announced on March 22, 2024 (the “ Tender Offer ”) to purchase for cash up to US$400,000,000 aggregate purchase price (exclusive of accrued and unpaid interest, and as such aggregate purchase price may be increased or decreased by the Company, the “ Aggregate Maximum Purchase Amount ”) of its outstanding...

MONTRÉAL, March 22, 2024 (GLOBE NEWSWIRE) -- Bombardier Inc. (“ Bombardier ” or the “ Company ”) today announced the commencement of a tender offer (the “ Tender Offer ”) to purchase for cash up to US$400,000,000 aggregate purchase price (exclusive of accrued and unpaid interest) (as such aggregate purchase price may be increased or decreased by the Company, the “ Aggregate Maximum Purchase Amount ”) of its outstanding Notes listed in the table below (the “ Notes ”). The...

MONTRÉAL, March 14, 2024 (GLOBE NEWSWIRE) -- Bombardier Inc. (“Bombardier”) today announced that it has issued a notice of partial redemption for $100 million principal amount of its outstanding 7.875% Senior Notes due 2027 (the “Redemption Notes”), which redemption will be paid using cash from its balance sheet. As set forth in the notice of partial redemption issued today in respect of the Redemption Notes, the redemption date is April 15, 2024, and the redemption price for the...