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Bombardier Inc. T.BBD.A

Alternate Symbol(s):  BDRPF | T.BBD.PR.B | BDRXF | T.BBD.PR.C | T.BBD.PR.D | BOMBF | BDRAF | T.BBD.B | BDRBF

Bombardier Inc. is a Canada-based manufacturer of business aircraft with a global network of service centers. The Company is focused on designing, manufacturing and servicing business jets. The Company has a worldwide fleet of more than 5,000 aircraft in service with a variety of multinational corporations, charter and fractional ownership providers, governments and private individuals. It operates aerostructure, assembly and completion facilities in Canada, the United States and Mexico. Its 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, Austria, the United Arab Emirates, Singapore, China and Australia. The Company's jets include Challenger 350, Challenger 3500, Challenger 650, Global 5500, Global 6500, Global 7500 and Global 8000.


TSX:BBD.A - Post by User

Post by Truthifeston Sep 14, 2021 12:01pm
420 Views
Post# 33855060

New Challenger

New ChallengerExcerpts from the new Reuters article:
--Following the announcement, Martel said Bombardier is weighing potential major options for its aftermarket division, along with large-cabin Global and Challenger 650 business jets.
--The Challenger 3500, expected to enter service in the second half of 2022, will list for $26.7 million, the same price as the 350, Chief Executive ric Martel said in an interview.
--Spending on the new 3500 variant is contained within the company’s expected capital expenditures of $200 million to $250 million, Martel said.
--Martel said the changes would help Bombardier keep the Challenger’s more than 50% market share in the super-midsized segment which bridges small corporate planes and long-range aircraft that can seat 19. “We’re raising the bar in that category,” he said, adding that cabin features are key for Challenger customers.
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