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Bombardier Expands Customer Offerings at Dallas Service Centre with New Interior Repair and Refurbishment Capabilities

Bombardier Expands Customer Offerings at Dallas Service Centre with New Interior Repair and Refurbishment Capabilities

MONTRÉAL, Sept. 22 (Korea Bizwire) — Bombardier is pleased to announce the enhancement of its interior repair and refurbishment activities at its service centre in Dallas, Texas, providing customers with even more maintenance and support capabilities. Bombardier will collaborate with Global Engineering & Technology, Inc. (GETI), a market-leader in aircraft furnishings since 1991, to offer [...]

Bombardier to Hold Virtual Event Celebrating the Best of Aerospace Innovation on Tuesday, September 14, 2021

Bombardier to Hold Virtual Event Celebrating the Best of Aerospace Innovation on Tuesday, September 14, 2021

MONTRÉAL, Sept. 7 (Korea Bizwire) — Bombardier is pleased to invite members of the international community to a special virtual event premiering at 11:00 am (EDT) on Tuesday, September 14, 2021. The momentous virtual gathering will celebrate the best of aerospace innovation and Bombardier’s best-selling business jets. All those wishing to join the exclusive online [...]

Bombardier Launches App for Smart Link Plus Connected Aircraft Program

Bombardier Launches App for Smart Link Plus Connected Aircraft Program

MONTREAL, Aug. 19 (Korea Bizwire) — Bombardier today announced the launch of its new myMaintenance App, an exclusive tool to support customers subscribed to the Smart Link Plus connected aircraft program. Smart Link Plus subscribers now have the unique ability to make real-time in-flight data-driven decisions to effectively track, troubleshoot, and manage their aircraft service needs. Thanks to the new, [...]

Bombardier Raises Full Year Guidance Following Solid First Half Execution and Market Momentum, Reports Second Quarter 2021 Results

Bombardier Raises Full Year Guidance Following Solid First Half Execution and Market Momentum, Reports Second Quarter 2021 Results

Raised FY2021 guidance: (i) aircraft deliveries expected to reach ~120 units, revenues to exceed $5.8B; (ii) profitability increased to greater than $175M adjusted EBIT(1) and adjusted EBITDA(1) expected to be greater than $575M vs previously announced $100M and $500M, respectively; (iii) Free cash flow usage(1) now expected to be better than $300M for the year vs $500M(2) Business [...]

Bombardier Delivers First Global 7500 Aircraft in Indonesia

Bombardier Delivers First Global 7500 Aircraft in Indonesia

MONTREAL, June 18 (Korea Bizwire) — Bombardier is pleased to announce the arrival of the first Global 7500 business jet in Indonesia. This award-winning aircraft was recently delivered to an undisclosed customer based in Jakarta. With a worldwide fleet numbering more than 50 aircraft, the Global 7500 business jet continues to exceed expectations and reinforce its position as the [...]

Bombardier Announces Closing of Placement of 7.45% Notes Due 2034 and Announces Amendment and Extension of Certain Consent Solicitations

Bombardier Announces Closing of Placement of 7.45% Notes Due 2034 and Announces Amendment and Extension of Certain Consent Solicitations

MONTREAL, May 18 (Korea Bizwire) — Bombardier (TSX: BBD.B) (the “Corporation”) today announced that it has completed the issuance and sale to an institutional accredited investor (the “Investor”) of US$260,000,000 aggregate principal amount of Bombardier’s 7.45% Senior Notes due 2034 (the “Additional Notes”) at a purchase price of par. The Additional Notes are additional notes [...]

Bombardier Collaborates with Sterling for Enhanced Worldwide Customer Support of Parts Shipments

Bombardier Collaborates with Sterling for Enhanced Worldwide Customer Support of Parts Shipments

MONTRÉAL, May 18 (Korea Bizwire) — Bombardier today announced its collaboration with Sterling Global Aviation Logistics, a global leader in aviation transportation and logistics to enhance worldwide dispatch of parts for its customers. The collaboration provides Bombardier with access to a network of aircraft, based across five continents, with which to deliver a wide variety [...]

Bombardier Announces Further Deleveraging Actions with Full Repayment of its 6⅛% Senior Notes Due 2021

Bombardier Announces Further Deleveraging Actions with Full Repayment of its 6⅛% Senior Notes Due 2021

MONTRÉAL, May 17 (Korea Bizwire) — Bombardier (TSX: BBD.B) today announced that, as part of its plan to enhance profitability and deleverage its balance sheet, it has completed the repayment in full and complete discharge of its 6⅛% Senior Notes due May 15, 2021 utilizing its available liquidities. The payout was in the amount of [...]