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Bombardier's Global 7500 jet surpasses 75 speed records

 Trevor Abes Trevor Abes , The Market Online
0 Comments| 6 hours ago

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  • Bombardier (TSX:BBD.A) has added over 25 new speed records for its Global 7500 business jet
  • The Global 7500 has held the record for the longest flight in business aviation history since October 2019, when it traveled 8,225 nautical miles from Sydney, Australia to Detroit, Michigan
  • Bombardier designs, builds, modifies and maintains a line of jets for people, businesses, governments and militaries around the world
  • Bombardier stock has added 83.57 per cent year-over-year and 84.85 per cent since 2019

Bombardier (TSX:BBD.A) has added over 25 new speed records for its Global 7500 business jet, which has held the record for the longest flight in business aviation history since October 2019, when it traveled 8,225 nautical miles from Sydney, Australia to Detroit, Michigan.

The aircraft features a top speed of Mach 0.925, a baseline range of 7,700 nautical miles (14,260 km), allowing it to grow its record count by over 50 per cent since Stockhouse’s last report in August. Here are some of the more notable new records:

  • Miami to São Paulo.
  • Tokyo to Hong Kong (3 hours and 40 minutes).
  • Tokyo to Los Angeles.
  • New Delhi to Tokyo (7 hours).
  • Jeddah to London.
  • Los Angeles to Auckland (11 hours and 55 minutes).

Despite its highly decorated aircraft, Bombardier isn’t resting on its laurels as it ramps up manufacturing of the Global 8000, whose industry-leading range of 8,000 nautical miles and top speed of Mach 0.94 will come to market in 2025.

Leadership insights

“These blazing new speed records continue to show that the Global 7500 is the proven, undisputed leader in its category and the business aircraft with amazing performance, bringing our customers to far-flung destinations quickly and reliably,” Jean-Christophe Gallagher, Bombardier’s executive vice president of aircraft sales and defense, said in a statement. “What’s even more impressive about these records is they are flown as part of routine aircraft movements, including some missions that have passengers onboard. We have on more than one occasion been thrilled to have customers and prospects be aboard for the record-setting city pairs.”

About Bombardier

Bombardier designs, builds, modifies and maintains a line of jets for people, businesses, governments and militaries around the world. The company’s customers operate a fleet of about 5,000 aircraft supported by 10 service facilities across six countries.

Bombardier stock (TSX:BBD.A) last traded at C$95.66 per share. The stock has added 83.57 per cent year-over-year and 84.85 per cent since 2019.

Join the discussion: Find out what everybody’s saying about Bombardier’s Global 7500 business jet on the Bombardier Inc. Bullboard and check out the rest of Stockhouse’s stock forums and message boards.

The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.

(Top photo of Bombardier’s Global 7500 business jet: Bombardier)




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