Bombardier TSX:BBD.B Stock Report

Bombardier Inc. Appoints Jianwei Zhang as Chairman, Bombardier China

Bombardier Inc. announced the appointment of Jianwei Zhang as Chairman, Bombardier China, effective immediately. The appointment of the seasoned professional reaffirms Bombardier’s commitment to China where the company continues to offer market-leading business jets and provide aftermarket services at its strategically located service centre in Tianjin. Jianwei Zhang, who was previously part of Bombardier’s management team, will report to Éric Martel. He brings more than 26 years of experience in the aerospace and transport industries, most of them spent in multiple roles with Bombardier. Bombardier maintains a strong presence in China where it offers its innovative, long-range Challenger and Global aircraft families, famous for their cutting-edge cabin design, performance and reliability. The company also provides a full range of maintenance and support services at its service centre in Tianjin.

Bombardier Introduces Global 8000 Aircraft, Flagship for New Era in Business Aviation

Bombardier Inc. unveiled the newest member of its business jet portfolio with the introduction of the Global 8000 aircraft, the world’s fastest and longest-range purpose-built business jet, innovatively crafted with the industry’s healthiest cabin for safety, comfort and performance beyond compromise. With an industry-leading range of 8,000 nautical miles and an unbeatable top speed of Mach 0.94, the Global 8000 aircraft is the ultimate all-in-one business aircraft, offering customers a unique blend of outstanding performance married with the smoothest ride and an uncompromising passenger experience – the absolute leader in the long-range class. Some of the impressive performance capabilities of the new Global 8000 aircraft were witnessed as early as May 2021, following a demonstration flight with a Global 7500 flight test vehicle. The aircraft, accompanied by a NASA F/A-18 chase plane, repeatably achieved speeds in excess of Mach 1.015, a key step in enabling a maximum Mach operating speed (MMO) of M0.94 and becoming the fastest business jet in the world and the fastest in civil aviation since the Concorde. During the demonstration flight, the aircraft also became the first Transport Category airplane to fly supersonic with sustainable aviation fuel (SAF). The discerning Global 8000 business jet also features the healthiest cabin in the industry, with the lowest cabin altitude in its class of 2,900 feet when flying at 41,000 ft. It is also equipped with Bombardier’s Pur Air and advanced HEPA filter technology for the cleanest cabin air and the fastest fresh air replacement. The Global 8000 aircraft is the only true four-zone cabin business jet to have a range of 8,000 nautical miles – and it more than delivers even when it comes to comfort. With its spacious four personalized suites ergonomically designed to maximize space and freedom of movement, the Global 8000 aircraft also incorporates the revolutionary features introduced on the Global 7500 aircraft that dramatically improve passenger comfort, including the Soleil circadian lighting system to help combat jet lag. Coupled with the innovative Nuage seat with the first-ever zero gravity position, passengers will arrive at their destinations revitalized and refreshed. An exemplary commitment to detail is assured on the new Global 8000 aircraft, including an available Principal Suite with a full-size bed and a stand-up shower in the En-suite. Revolutionary cabin entertainment control and connectivity, the intuitive nice Touch CMS and OLED touch dial, Bombardier’s l’Opéra directional audio sound system and available 4K monitor, also ensures passengers will receive an unrivalled cabin experience. In the cockpit, the Global 8000 aircraft features the renowned Bombardier Vision flight deck with its next generation fly-by-wire technology and blend of cutting-edge avionics with exceptional ergonomics and aesthetics for remarkable comfort and control. Performance-wise, the new Global 8000 aircraft can efficiently transport customers to a wide variety of destinations both faster and farther than ever before. And with its exceptional class-leading range and short-field performance, even more exclusive city pairs are now achievable, including Dubai-Houston, Singapore-Los Angeles, London-Perth and many others. Expected to enter service in 2025, the Global 8000 aircraft development is ongoing, and the program is progressing to plan. And for current Global 7500 operators, the incredible performance enhancements on the Global 8000 will e retrofittable when the aircraft enters into service in 2025. The introduction of the new Global 8000 aircraft has been a carefully planned investment that further strengthens Bombardier’s impressive portfolio of industry-defining business jets. Development to date has been included in previously disclosed investment figures. All further development costs will be included in Bombardier’s capex, which remains in line with its 2025 objectives.

Bombardier Inc. Elects Ji-Xun Foo to Its Board of Directors

Bombardier Inc. announced that at its annual and special meeting of shareholders held on May 05, 2022, elected Ji-Xun Foo to its Board of Directors.

Alstom Files Request for Arbitration Before the International Chamber of Commerce Regarding its Purchase of Bombardier Transportation

Alstom confirmed that it has filed a request for arbitration before the International Chamber of Commerce regarding its purchase of Bombardier Transportation. The claim is against Bombardier Inc. and relates to the breach of certain contractual provisions of the sale and purchase agreement dated September 16, 2020.

Bombardier Announces Wichita Facility's Designated A as Its New U.S. Headquarters