Showing posts with label Bombardier. Show all posts
Showing posts with label Bombardier. Show all posts

27 March, 2024

Bombardier’s Global 7500 jet sets over 30 speed records

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 business aircraft continues to push the boundaries of business travel

Bombardier has celebrated more impressive speed records on the Global 7500 aircraft, this week,  bringing the total to more than 30 and counting. The most recent records, including travelling from Farnborough to Muharraq and Phoenix to Paris, mark the latest accomplishment for the Global 7500 business jet, the undisputed leader in the ultra-long-range class – the most luxurious, reliable and productive business jet in the skies today. 

These records – pending approval by the FAI, the World Air Sport Federation – build on earlier speed and distance records already bestowed on this truly remarkable business jet, including an 8,225 nautical mile flight in October 2019 from Sydney, Australia to Detroit, Michigan – the longest-range flight ever in business aviation. The Global 7500 also set more than 20 new flight records (1) in the fall of 2023, including routes from Singapore to Anchorage, Alaska and Montreal to Geneva.

The Global 7500 business jet fleet has surpassed more than 100,000 flying hours and has celebrated more than 165 deliveries

“The Global 7500 aircraft is in a class by itself when it comes to performance – an immaculate business jet that was made to set and shatter records,” said Jean-Christophe Gallagher, Executive Vice President, Aircraft Sales and Bombardier Defense. “With its impeccable design attributes and technological advancements, the Global 7500 aircraft offers customers precisely what they need to enhance their operations – unmatched reliability, productivity and style.”

With a top speed of Mach 0.925 and an industry leading range of 7,700 nautical miles (14,260 km), the Global 7500 aircraft features outstanding performance capabilities. Its Smooth Flĕx Wing is designed with a sophisticated slats and flap system that generates exceptional lift on takeoff and approach, maximizing aerodynamic efficiency and boosting performance while improving safety and offering a smoother, more restful ride. It also reduces fuel burn and lowers emissions and produces excellent short-field and high-speed performance.

15 February, 2024

Bombardier launches U.S. Technician Apprenticeship programme in collaboration with WSU Tech

Bombardier confirmed it has collaborated with Wichita State University Campus of Applied Sciences and Technology (WSU Tech) to create an apprenticeship programme aimed at training future airframe and powerplant (A&P) mechanics. During the two-year paid apprenticeship programme, students will complete hands-on instruction at Bombardier Group’s Wichita site and in-class training at WSU Tech. They will have the opportunity to learn from experienced instructors and aviation maintenance leaders, as well as gain valuable knowledge on Bombardier’s world-class portfolio of business jets.

Upon successful completion of this state-registered A&P apprenticeship programme – the first of its kind in the state of Kansas – students will have obtained their Federal Aviation Administration (FAA) A&P certification, as well as on-the-job training. Their job classification will transition from apprentice to full-time A&P technician at Bombardier, expanding the company’s technician roster and enabling the growing delivery of timelier OEM maintenance services.

“We are pleased to deepen our roots in Wichita and the U.S. through the launch of this foundational programme in collaboration with WSU Tech, a leader in aviation mechanic training in Wichita,” said Paul Sislian, Executive Vice-President, Aftermarket Services & Bombardier Strategy, Bombardier. “The start of this apprenticeship program highlights Bombardier Group’s ongoing commitment to not only expanding its footprint in Wichita, but to training, hiring and retaining qualified professionals, which will further increase our ability to provide exceptional customer service to our clients.”

26 January, 2024

Bombardier Unveils University of Victoria as First Announced Academic Partnership in the Pan-Canadian EcoJet Research Project

University of Victoria Centre for Aerospace Research (CfAR) and British Columbia’s SME Quaternion Aerospace complement Bombardier’s OEM expertise with globally recognized know-how in scale model fabrication and operations 

Bombardier’s EcoJet Research Project explores blended wing body (BWB) aircraft configuration and new technologies to reduce business jets emission by up to 50% 

This first announcement of many other academic collaborations is unveiled as Bombardier’s EcoJet flight-testing program ramps up its second phase and arises growing public attention 

Bombardier has unveiled the first of many academic collaborations on its trailblazing pan-Canadian and sustainability-focused EcoJet Research Project. Bombardier’s long-standing partnership with the University of Victoria Centre for Aerospace Research (CfAR) and British Columbia’s SME Quaternion Aerospace was announced in a press conference hosted by the University. The three organizations presented how their shared vision of the positive role innovation plays in the sustainable transformation of the Canadian aerospace industry resulted in a fruitful collaboration on the flight-testing program of Bombardier’s EcoJet project.  

The multi-year EcoJet research project that debuted around 15 years ago kicked off its first phase of flight testing in 2017 with 8-foot-span prototypes and is now leveraging a flight vehicle more than twice as large. The complementary world-renowned expertise of Bombardier as a business aircraft OEM and of the CfAR and Quaternion Aerospace with scale vehicles strengthen the innovation capacities of all parties while fostering new knowledge about the next generation of more sustainable aircraft.  

“Bombardier is proud to support forward-looking aerospace research all while involving a broad network of academic institutions,” said Stephen McCullough, Senior Vice President of Engineering and Product Development, Bombardier. “Now that we have publicly disclosed some aspects of the first phases of the EcoJet flight-testing program, it is important for us to give credit and to share the phenomenal response with our partners who are instrumental to this dimension of the research project. Collaboration between local businesses and top academic institutions is key in nurturing a strong and thriving Canadian aerospace industry. Our hand-in-hand work with the University of Victoria is a meaningful example of such innovation pathway that stimulates coast-to-coast skill transfer and talent development.’’ 

“For more than a decade, the Centre for Aerospace Research has grown from strength to strength, and our cutting-edge work with Bombardier represents the most significant research partnership in our history,” said Afzal Suleman, Canada Research Chair, Director and Professor, Centre for Aerospace Research, University of Victoria. “Through this collaboration, our students and researchers are gaining critical real-world skills while helping to push forward the frontiers of sustainability and redefining the boundaries of what is possible for the future of the global aviation industry.” 

Piloted by Bombardier’s market insight and vision for a future generation of aircraft, the collaborative work on the design and fabrication of the EcoJet flight test vehicles involves multidisciplinary teams, consisting of Québec-based Bombardier engineers and technicians, along with BC researchers, engineers and students.  

All flight campaigns on BWB scale test vehicles, which have been exploring the prototypes’ behavior in free flight and perfecting their radically different flight control laws, are the fruit of this tight collaboration.  

“We are thrilled to contribute our university’s expertise to Bombardier’s groundbreaking EcoJet Research Project, a tangible example of UVic’s dedication to a brighter future for all through innovation,” said Dr. Kevin Hall, President, University of Victoria. “This collaboration marks a significant step forward in our commitment to sustainability, a greener future for the aviation industry, and the development of cutting-edge technologies that advance the frontiers of science and engineering right here in British Columbia and throughout Canada.”  

Through connecting university education and training with potential commercialized application, Bombardier continues to pursue its EcoJet project objectives to create significantly more sustainable aircraft and to mature powerful technologies that will redefine the future of aviation. 

02 December, 2023

Bombardier bitter of Canada's order of P-8A Poseidon aircraft

Bombardier has issued the following statement in which it claims to speak for the entire population in a bitter response to the Canadian authorities ordering aircraft from Boeing for the nation's future multi-mission airborne platform - the P-8A.  The statement from the firm says that its and GDMS-C employees, as well as Canadians, political and industry leaders, and suppliers, who have very vocally supported Canadian talent, are all equally disappointed that their Canadian government has decided to award a generational contract without an open and fair competition, and without fully evaluating its home-grown industry’s multi-mission aircraft capabilities.

Despite multiple conversations with the government, where we requested an RFP or a more detailed framework within which to present key facts and capabilities, no such follow-on opportunities were given to Bombardier, or its partners. No aerospace or third-party experts subsequently evaluated our capabilities. Throughout, we remained resolute and came together to passionately advocate for a next-generation capability and an opportunity for our aerospace industry to shine – we are truly thankful for everyone’s effort to that end.

22 November, 2023

AirBaltic welcomes its 45th Airbus A220 jet

The Latvian carrier airBaltic has welcomed a new state-of-the-art Airbus Aircraft A220-300 to its fleet this week.  The jet, registered YL-ABS is the 45th beautiful addition to the airline's single-type fleet. Thus far the airline has carried 13 441 000 passengers, completed over 150 000 flights, and flown 328 000 block hours on the type.  

airBaltic is looking forward to an exciting future by continuing to grow with Airbus, the recent purchase agreement for an additional 30 aircraft is a significant step toward this. 


14 November, 2023

Bombardier Defense delivers seventh global aircraft for Saab’s GlobalEye airborne surveillance solution.

Bombardier Defense is proud to announce the seventh Global aircraft delivery to defence and security company Saab, ready to be transformed into Saab’s Airborne Early Warning and Control (AEW&C) solution known as GlobalEye. This new delivery comes as the two companies attend the Dubai Air Show 2023, where Bombardier presents its versatile Global and Challenger business jets to the Middle East market, and Saab showcases the leading capability of GlobalEye.

Bombardier’s latest Global aircraft delivery is destined to join the Swedish Air Force and will be Saab’s second GlobalEye aircraft to join Sweden’s military fleet. The 7 aircraft delivered by Bombardier to the GlobalEye program highlight a successful collaboration and echo Bombardier’s thriving, long-standing reputation manufacturing specialized aircraft for the defense industry.

“More and more countries are preparing for the future by choosing modern, more efficient business jets as strategic assets for their military fleet,” said Jean-Christophe Gallagher, Executive Vice-President, Aircraft Sales and Bombardier Defense. “With the rapid progression of technologies, there is a growing realization that business jets, such as our Global aircraft, can seamlessly integrate the equipment and capabilities that were traditionally carried by commercial aircraft.”

In addition to offering lower operating costs than commercial aircraft, Global business jets have takeoff and landing capabilities that allow them to fly in and out of more strategic locations. The agility granted by the steep approach certification and the advanced wing design of the Global aircraft is an advantageous feature to airborne surveillance platforms, designed for long-range air, maritime and ground surveillance.

As such, Saab’s GlobalEye incorporates some essential attributes of the Global business jet including over 11 hours of operational endurance, state-of-the-art avionics, and class-leading maintenance intervals. Paired with ample cabin space for workstations and mission equipment for ideal crew conditions, the Global aircraft is perfectly suited for situational awareness missions of large areas.

18 October, 2023

Bombardier, Duncan Aviation to Offer Gogo Business Aviation’s 5G Connectivity Upgrade on Select Bombardier Aircraft

The new Gogo 5G℠ air-to-ground high-speed internet connection will leverage the Gogo AVANCE™ platform and the completed 5G network to provide customers with faster internet access and coverage in most of North America   
Customers can now install 5G provisions, which include new MB-13 antennas, on new and in-service Global Express, Global Express XRS, Global 5000, Global 5500, Global 6000 and Global 6500 aircraft at Bombardier Service Centres worldwide and Duncan Aviation facilities in the U.S.   
Provisional kit for Gogo 5G upgrade will also be available for Challenger aircraft operators next year   
Gogo 5G requires installation of Gogo AVANCE L5 and X3 line replaceable unit (LRU) and service is expected to be available mid next year   

Bombardier and Duncan Aviation announced the upcoming introduction of Gogo Business Aviation’s 5G connectivity, with the installation of Gogo 5G Broadband System including the provisional installation of MB13 antennas in Bombardier Global Express, Global Express XRS, Global 5000, Global 5500, Global 6000 and Global 6500 aircraft.    

Provisional installations on Challenger platforms are expected beginning of 2024. New customers, or those with AVANCE L5 onboard, will be able to install 5G-enabling MB13 antennas and associated installation kits using the Supplemental Type Certificate (STC) – developed jointly by Bombardier and Duncan Aviation – at all Bombardier Service Centers and at Duncan Aviation’s facilities throughout the United States.   

“At Bombardier, we’re always striving to provide the best in-cabin experience for our customers. With Gogo’s 5G network, passengers will have lightning-fast internet connectivity with higher bandwidth and enhanced streaming capabilities, providing them with an ‘in-home’ or ‘in-office’ experience,” said Paul Sislian, Executive Vice President, Aftermarket Services and Strategy, Bombardier. “Staying seamlessly connected at all times is paramount for our customers, and we’re pleased to be working with Duncan Aviation to provide the latest 5G air-to-ground connectivity solutions for our customers’ aircraft.”   

Designed specifically for business aviation, Gogo’s 5G network will be available nationwide throughout the contiguous United States and has started to expand into Canada. This impressive new in-flight connectivity solution can be accessed upon installation of the Gogo X3 line replaceable unit (LRU) and is expected to come to market mid next year. It will markedly improve the in-cabin experience and provide enhanced bandwidth and faster streaming abilities.      

“Duncan Aviation is proud to offer the most current In-Flight Connectivity Solutions for our customers,” said Ryan Huss, Duncan Aviation Vice President of Service Sales. “We understand the value our customers place on staying connected, so we are excited to be working with our trusted industry collaborators Bombardier and Gogo on this program to bring the next generation of in-flight connectivity to the market.”   

31 August, 2023

Bombardier introduces advanced avionics upgrade for in-service global aircraft

New upgrade enhances situational awareness and essential visualization features, boosts safety and efficiency

Available for Bombardier Vision flight deck of in-service Global 5000, Global 6000, Global 5500 and Global 6500 aircraft.

Bombardier introduced its new Advanced Avionics Upgrade (AAU) for the Bombardier Vision flight deck, a new avionics software and hardware enhancement that boasts the latest technology to enhance situational awareness and offer advanced visualization features. Powered by Collins Aerospace and available for in-service Global 5000, Global 6000, Global 5500 and Global 6500 aircraft equipped with the Bombardier Vision flight deck, the AAU is designed to take in-service Global aircraft to the next level by providing avionics features currently available on in-production Global 5500 and Global 6500 aircraft.

The new AAU software allows for the installation of Bombardier’s revolutionary Combined Vision System (CVS), which integrates the best features of the Synthetic Vision System (SVS) and the Enhanced Vision System (EVS) in a single view to reduce crew workload and achieve unmatched situational awareness with the clearest view through the toughest weather. A Global 6000 business jet is the first aircraft to receive the upgrade, which is currently being installed at the Wichita Service Centre.

“The new software upgrade for the Bombardier Vision flight deck is a gamechanger and we are delighted, along with Collins Aerospace, to bring our operators aircraft to new levels of operational excellence,” said Paul Sislian, Executive Vice President, Aftermarket Services & Strategy, Bombardier. “The Bombardier Vision flight deck has been an important staple on Bombardier Global aircraft for years, and the addition of the Advanced Avionics Upgrade (AAU) ensures our business aircraft continue to be renowned for their impeccable safety, reliability and performance.”

04 August, 2023

Bombardier sees second quarter 2023 revenues rise to $1.7 billion, up 8% year-over-year, reflecting 29 deliveries and 19% year-over-year aftermarket revenue increase to $428 million.

Bombardier has released its financial results for the second quarter of 2023, signalling continued progress on all business fundamentals and performance on track toward reaching 2023 full-year guidance.

“Bombardier delivered a very strong second quarter. Our team successfully navigated a highly dynamic business environment that saw sustained demand for new and pre-owned jets, as well as steady service growth, all while supply chain pressure persisted,” said Éric Martel, President and Chief Executive Officer, Bombardier. “We continue to progress on our positive trajectory by delivering remarkable growth in profitability, propelled by a strong adjusted EBITDA increase and margin expansion, as well as a positive adjusted net income and earnings per share. Thanks to our team’s tremendous work, we boosted our revenues this quarter by 8 % year-over-year, driven in part by an exceptional 19% year-over-year aftermarket revenue increase."

Key highlights 

Second quarter 2023 revenues rise to $1.7 billion, up 8% year-over-year, reflecting 29 deliveries and 19% year-over-year aftermarket revenue increase to $428 million.
Year-over-year profitability grows on favorable margin performance across platforms, and higher contributions from aftermarket, with adjusted EBITDA increasing by 37% to $275 million; adjusted EBITDA margin up 350 basis points to 16.4%. Second quarter 2023 reported EBIT was $245 million. Positive reported net income(3) and adjusted net income reach $10 million and $80 million respectively.
Free cash flow usage at $222 million includes planned working capital investments to support higher deliveries, the completion of the new Global Aircraft Manufacturing Centre at the Toronto Pearson Airport, and non-recurring cash flow items of $104 million. Available liquidity stands strong at $1.2 billion as at June 30, 2023, including $0.9 billion of cash and cash equivalents. Reported cash flow usage from operating activities for the quarter was $134 million and net additions to PP&E and intangible assets for the quarter were $88 million.
Second quarter of 2023 ended with a backlog at $14.9 billion, reflecting expected demand profile at a unit book-to-bill of 1.1 times.  
Credit rating upgrade from S&P Global Ratings in May 2023 further underscores Bombardier's successful financial discipline, performance, and proactive debt management.
Strong deliveries and continued solid aftermarket performance drive revenue growth
Bombardier reported $1.7 billion in revenues, an 8% year-over-year increase, driven by strong deliveries and higher aftermarket revenues. With 29 deliveries, Bombardier delivered one more aircraft than the same quarter last year and has a solid line of sight to reach the overall 2023 guidance of greater than 138 deliveries. The company’s aftermarket business continued its stellar performance in the second quarter 2023, generating $428 million in revenue, an impressive 19% increase compared to the same quarter last year.

27 July, 2023

Airshare continues growth plans with commitment.

Bombardier has confirmed that Kansas City-based Airshare has committed to ordering up to 20 additional Challenger 3500 aircraft for its fractional ownership fleet. This new agreement will double the size of their Challenger fleet. 

In May 2021, Airshare entered the super-midsize segment with an order for up to 20 Challenger aircraft. As the fast-growing private aviation company moves to exercise all options as part of that original order, this new incremental commitment to Challenger 3500 jets underscores that the smooth, efficient and reliable customer experience that private aviation provides continues to garner significant market interest among the travelling public. 

“The response we have received to the Challenger entering our fractional program has been tremendous, from both new and existing customers,” said John Owen, President and Chief Executive Officer of Airshare. “We are thrilled to extend our commitment with Bombardier and look forward to adding several more Challenger 3500s to our fleet. The strength of our partnership made it easy for us to accelerate our plans to order more of these aircraft to meet customer demand.” 

20 July, 2023

Bombardier Defence delivers Global 6000 aircraft to Saab’s GlobalEye programme

Bombardier Defense Delivers Global 6000 Aircraft to Saab’s GlobalEye Program Destined to Join the Swedish Air Force
Saab’s GlobalEye is an Airborne Early Warning & Control solution based on Bombardier’s Global family of aircraft that supports military and civil authorities with all-domain situational awareness in real-time.

Bombardier Defense recently celebrated the sixth delivery of a Global 6000 aircraft to Swedish defence supplier Saab, ready to be transformed by Saab into their Airborne Early Warning and Control solution known as GlobalEye. This aircraft will join the Swedish Air Force once Saab completes the transformation, further highlighting the illustrious capabilities of both companies in providing forward-looking solutions for nations across the globe.   

Bringing together the best of Canadian and Swedish innovation, Saab’s GlobalEye program integrates their renowned radar, command, control and communication systems into a multi-domain airborne surveillance solution using Bombardier’s class-leading Global 6000 aircraft. The highly efficient and agile Global family of aircraft is valued for its ultimate combination of speed, range, and endurance – making it the platform of choice for government defence needs worldwide.  

“Our jets are internationally recognized as modern, go-to platforms by some of the world’s largest defence contractors, such as Saab,” said Jean-Christopher Gallagher, Executive Vice-President, Aircraft Sales and Bombardier Defense. “The Global aircraft family represents the right-sized solution for multi-mission, surveillance and VIP transport. Time and time again, it has met customers’ expectations for their most demanding mission needs. The Bombardier team is proud to associate its aircraft with strong partners to create the next-generation defence solutions around the world.” 

04 July, 2023

Bombardier further controls supply chain by buying up Latécoère’s electrical wiring interconnection system business in Querétaro, Mexico

The Canadian planemaker Bombardier has confirmed it had completed a transaction to acquire Latécoère’s assets and activities of its Electrical Wiring Interconnection System (EWIS) business in Querétaro, Mexico, as it seeks to take control of its entire supply chain.  

"The Bombardier team is pleased to complete this strategic and mutually beneficial acquisition," said David Murray, Executive Vice President, Manufacturing, IT and Bombardier Operational Excellence System. "This agreement allows Bombardier to continue to strengthen its position as an industry leader in Querétaro, Mexico, and to confirm its position as a flagship company of the Mexican aerospace industry."

With this acquisition, Bombardier retains strategic EWIS activities and secures the assets and expertise to manufacture the electrical harnesses required in its industry-leading aircraft. This initiative is aligned with the company’s recent insourcing initiatives, aimed to optimize and bolster its supply chain.

23 May, 2023

Bombardier shows off Challenger 3500 business jet at EBACE 2023

Bombardier shows off its award-winning Challenger 3500 business jet to the European market, at the 2023 European Business Aviation Convention and Exhibition (EBACE) in Geneva, Switzerland. 

The Challenger 3500 aircraft entered service in September 2022 and is being showcased alongside the Global 7500 aircraft, and a stunning second-hand Challenger 605.

The latest evolution in the Challenger lineage is a tangible gateway to Bombardier’s eco-design vision. In the cabin, the Challenger 3500 aircraft boasts a high-end product design by proposing a selection of innovative, sustainable materials that minimize the impact on the environment. The Challenger 3500 also joins the Global 5500, Global 6500 and Global 7500 aircraft in standing alone as the only business jets in the industry to carry an Environmental Product Declaration (EPD), offering trustworthy, thorough and transparent views of their environmental footprint.

“European customers will be able to feel for themselves the high quality that is standard for our aircraft – such as in experiencing Bombardier’s illustrious Nuage seat – all while finding unique design options that are genuinely more sustainable,’’ said Jean-Christopher Gallagher, Executive Vice President, Aircraft Sales & Bombardier Defense, Bombardier. “We are very proud to open the door of the Challenger 3500 aircraft to our European customers for the very first time. This top-of-the-line aircraft demonstrates that exceptional comfort, ultimate performance and lower environmental footprint can go hand in hand.’’

04 May, 2023

Bombardier gets new credit rating from S&P

Bombardier has announced that S&P Global Ratings has upgraded the company’s credit rating from B- to B, citing solid execution, successful deleveraging efforts, backlog stability and effective management of supply chain risks as contributing factors as part of a release issued on May 1, 2023. S&P Global Ratings’ outlook for Bombardier remains stable.  

“This upgrade comes on the heels of a solid first quarter and reflects the company’s positive trajectory toward its objectives. This enhanced rating is a testament to Bombardier’s solid plan and financial discipline, as well as to the commitment of its talented teams,” said Bart Demosky, Executive Vice President and Chief Financial Officer. “We remain focused on delivering a robust and predictable financial performance, all while providing an incredible experience to our valued customers.”  

As part of its recently published quarterly results for Q1 2023, Bombardier reported positive net income as well as higher year-over-year revenues and profit margins. During the first three months of 2023, Bombardier also continued its strong progress on debt reduction with a repayment of approximately $400 million from cash on balance sheet and ended the first three months of 2023 with a stable, diversified $14.8 billion dollar backlog. Also, during the first quarter, Moody’s Investors Service upgraded Bombardier’s corporate family and Senior unsecured notes rating to B2.  

“Allow me to reiterate that I am very pleased with how we have started 2023,” added Demosky. “We have built Bombardier to perform well with a solid company structure, and we continue to show great progress toward our raised 2025 objectives.” 

02 May, 2023

Alaska Airlines and ZeroAvia partner in developing world’s largest zero-emission aircraft

Hydrogen electric powered Q400 could be the future of regional travel 

This week Alaska Airlines unveiled a freshly painted Bombardier Q400 regional turboprop and handed it over to ZeroAvia where it will be retrofitted with a hydrogen-electric propulsion system to further enhance and expand the reach and applicability of zero emissions flight technology.

ZeroAvia unveils world’s most advanced electric motor technology for aviation, paving way for hydrogen-electric engines for Dash 8 and similar airframes

At an event, held at ZeroAvia’s Paine Field research and development site with the formal handover of the 76-seat Q400 aircraft that will be developed by ZeroAvia witnessed by various dignitaries and invited guests.  

When Alaska Airlines’ regional carrier Horizon Air retired its Q400 fleet, it reserved one of the aircraft for research and development purposes to further advance zero emissions technology for the aviation industry. The aircraft was repainted with a special livery to highlight the innovative mission of this partnership.

ZeroAvia also debuted its breakthrough multi-megawatt modular electric motor system in a 1.8MW prototype configuration at the event – demonstrated with a propeller spin aboard the ZeroAvia’s 15-ton HyperTruck ground-test rig. Combined with higher-temperature PEM fuel cells and advanced power electronics – both technologies that ZeroAvia is developing in-house – the leading-edge electric motor technology is one of three key building blocks for enabling commercially-relevant hydrogen fuel cell engines for larger aircraft.  

Aligning ZeroAvia’s powertrain with the Dash 8-400 airframe will represent a commercially viable zero-emission aircraft with fuel cell engine technology around five times more powerful than what has been demonstrated anywhere to date.  

“Demonstrating this size of aircraft in flight, powered entirely by novel propulsion, would have been unthinkable a few years ago,” said Val Miftakhov, founder and CEO of ZeroAvia. “Launching this program puts us on track for a test flight next year, and accelerates our progress toward the future of zero-emission flight for Alaska Airlines and for the world at large.”

28 April, 2023

Bombardier reports first quarter 2023 revenues of $1.5 billion, up 17% year-over-year

Bombardier reported this week its financial results for the first quarter of 2023, reflecting continued progress on all business fundamentals and performance on track toward reaching 2023 full-year guidance.

“Bombardier has delivered a very strong first quarter,” said Éric Martel, President and Chief Executive Officer, of Bombardier. “Our robust performance adds to our extremely positive track record from the past two years and confirms we are on the right trajectory. With a very healthy, positive adjusted net income, further debt reduction, continued margin expansion, and ramped-up production to reach our guidance(1) of more than 138 deliveries this year, we are forging ahead towards the upgraded 2025 targets we presented during our Investor Day last month.”

Key highlights.....

Bombardier reports first quarter 2023 revenues of $1.5 billion, up 17% year-over-year, driven by improved delivery mix and continued strong aftermarket revenues of $424 million; aircraft deliveries on track towards full-year guidance(1) of greater than 138.
Adjusted EBITDA(2) rose to $212 million, up 27% year-over-year thanks to stronger aircraft margins and aftermarket growth, reported EBIT reached $140 million. Reported net income(4) and adjusted net income(2) surged to $302 million and $113 million respectively. First quarter 2023 adjusted Earnings per share (EPS)(3) turns positive at $1.06 and diluted EPS(4) of $2.98.
Free cash flow usage(2)(4) of $247 million driven by working capital build in inventories for 2023 deliveries and continued investments supporting completion of a new facility at Toronto Pearson International Airport. Available liquidity(2) stands strong at $1.4 billion at quarter end. Reported cash flow usage from operating activities(4) for the quarter was $162 million and net additions to PP&E and intangible assets(4) for the quarter were $85 million. Cash and cash equivalents as at March 31, 2023 were $1.1 billion.
First quarter of 2023 ended with stable backlog(5) at $14.8 billion, reflecting steady demand profile and unit book-to-bill(6) of 0.9.
First quarter 2023 marked by continued strong progress on debt reduction with a repayment of approximately $400 million from cash on balance sheet; market confidence with Moody’s Investors Service upgrade of Bombardier’s corporate family and Senior unsecured notes rating to B2; outlook maintained as stable.

Bombardier reported a strong start to 2023, with first-quarter revenues up 17% year-over-year at $1.5 billion, compared to $1.2 billion in the same quarter last year. The positive trend was reflected in profitability, with adjusted EBITDA(2) up 27%, driven by stronger aircraft margins, mainly on large-cabin aircraft, and aftermarket growth. Adjusted EBITDA margin(3) rose 120 basis points year-over-year to 14.6%. The adjusted EBIT(2) totalled $138 million in the first quarter of 2023, up 89% compared to the same quarter last year. The company also reported an adjusted net income(2) of $113 million, compared with a $69 million loss over the same period last year. First quarter of 2023 adjusted EPS(3) was $1.06 compared to a loss of $0.80 per share for the same quarter of 2022.

The positive trend in deliveries has continued in the first quarter of 2023, with deliveries (excluding Learjet, which is no longer in production) up 22% year-over-year. This is consistent with the company’s overall guidance(1) of increasing deliveries by more than 15% in 2023. The backlog(5) remained stable at $14.8 billion, while the unit book-to-bill(6) was at 0.9.

21 April, 2023

Bombardier gets regulatory approval to add its Smart Link Plus system to existing aircraft

Bombardier has achieved Transport Canada (TC), European Union Aviation Safety Agency (EASA) and Federal Aviation Administration (FAA) approval for Challenger and Global Smart Link Plus system installations

Canadian planemaker, Bombardier announced this week, a major advancements in its comprehensive *Smart Link Plus connected aircraft system with several key regulatory approvals. The company has recently achieved essential TC, EASA and FAA approvals for almost its entire fleet of Challenger and Global aircraft. With these approvals, operators of all in-service Challenger 300, Challenger 350, Challenger 3500, Challenger 605 and Challenger 650, as well as Global 5000, Global 6000, Global Express and Global XRS aircraft will be able to install the innovative Smart Link Plus aircraft health management system on their business jets.

Smart Link Plus is an advanced health monitoring system that collects crucial aircraft data, enabling flight and maintenance crews to quickly prioritize and proactively troubleshoot essential in-flight alerts, increasing an aircraft’s operational efficiency. Aircraft operators can effectively track, troubleshoot and dispatch a technician based on information received from the system, enabling them to make detailed maintenance decisions quickly and efficiently.

09 February, 2023

Canadian planemaker Bombardier reported $6.9 billion in revenue in 2022

Bombardier has just released details of its fourth quarter and full-year 2022 financial results as well as detailing its expectations for 2023.  

The Canadian company reported $6.9 billion in revenues, an increase of 14% year-over-year following higher deliveries and a favourable aircraft mix and also a significant contribution from aftermarket services, which grew 22% year-over-year to reach $1.5 billion in 2022.

Bombardier reported an adjusted EBITDA of $930 million, a 45% increase year-over-year and well over the guidance of greater than $825 million. The growing contribution of the Global 7500, cost structure improvements, higher aftermarket contribution and a better aircraft mix were among the key factors in this substantial increase. The company also beat guidance on the full-year reported EBIT, which was at $538 million.

The company made the most of the strong demand and competitive product portfolio and avoided pitfalls related to the pressures on the supply chain to deliver 123 aircraft, 49 of which were delivered in the fourth quarter of 2022. 

Éric Martel, Bombardier’s President and Chief Executive Officer said:  "The 2022 results - are a resoundingly positive culmination of a strong year, and a testament to the team’s effort to execute in the fourth quarter. We exceeded commitments across the board, be it on deliveries, our growing aftermarket business and profitability. We are also proud of the fantastic job our team did on deleveraging, with $1.1 billion dollars of debt retired in 2022 thanks to cash from our balance sheet and operations. This puts us ahead of our plan and gives us the flexibility to be even more proactive and opportunistic going forward."

03 February, 2023

airBaltic says goodbye to its last Bombardier Q400........

airBaltic's last Bombardier Q400

The Latvian airline airBaltic said goodbye to its final Bombardier Q400 NextGen turboprop earlier this week when the company returned the aircraft to regional lessor Nordic Aviation Capital. 

The final airBaltic Q400 left the airline on 1st February and marks the move towards a single aircraft type airline, with now 39 Airbus A220-300s in its fleet. 

Martin Gauss, President and CEO of airBaltic: “The last redelivery flight marks an official end to our previous stage of development. Q400, definitely, was an excellent-performance aircraft, which at the time helped us to get where we are today – flying the most efficient and greenest fleet in Europe.”

“Although a smaller plane allows more flexibility occasionally, still a single-type fleet has significant advantages – both economic and technical (maintenance), and also in terms of sustainability and training. We are thankful to Bombardier for service; it was a journey that is recorded in our history. Now we are looking forward and are delighted, how Airbus A220-300 has transformed our airline, becoming one of the core and very valuable assets of the company,” Gauss added.

The first Bombardier Q400 NextGen aircraft joined airBaltic back in 2010. Over the years, 12 different Bombardier Q400 NextGen have carried more than 11 million passengers in total and have performed over 222 thousand flights all across the Europe.

02 December, 2022

Largest business jet maintenance repair and overhaul (MRO) facility in the UK is at Biggin Hill after Bombardier expansion....

Largest business jet maintenance repair and overhaul (MRO) facility in the UK

The spacious new hangar features 22 service bays, capable of accommodating up to 14 Global 7500 aircraft at the same time 

Bombardier has expanded its London Biggin Hill Service Centre, the latest addition to the company’s extensive and growing worldwide customer service network. Located at the bustling London Biggin Hill Airport, the newly enhanced London Biggin Hill Service Centre has grown to nearly 250,000 square feet (approximately 23,225 square metres), adding a suite of new maintenance and modification capabilities and full-service interior finishing capacity for its family of Learjet, Challenger and Global aircraft.

With its new, sought-after service capabilities and additional hangar space, Bombardier’s gleaming service centre – the largest business jet MRO facility in the UK – is the perfect oasis for customers of the OEM’s growing fleet of business jets. Bombardier’s London Biggin Hill Service Centre is the largest tenant at the London Biggin Hill Airport, providing customers with complete heavy maintenance capabilities, wheel and battery shops, a component paint shop and much more. The new hangar has transformed from eight to 22 service bays, increasing on-site capacity to accommodate a wide array of aircraft, including up to 14 Global 7500 aircraft at one time – as well as Bombardier’s newly launched Global 8000 business jet when it enters into service in 2025.

“With the expansion of the London Biggin Hill Service Centre, we are taking another step in showcasing our unwavering commitment to our European customers with industry-leading services on a global scale – OEM expertise that customers demand and expect from Bombardier,” said Jean-Christophe Gallagher, Executive Vice President, Services and Support, and Corporate Strategy. “The European market is a very important one for Bombardier and this expansion perfectly underscores our ongoing commitment to the region, allowing us to be closer to our customers and offering them even more world-class services and support.”

Originally inaugurated in 2017, the London Biggin Hill Service Centre, provides a shining example of how Bombardier is enhancing the accessibility of its OEM expertise for customers worldwide and redefining its position as a leader in aftermarket services. This expansion will bring the facility’s workforce to more than 250 employees, with the expectation to grow this number given increasing demand for support.