Bombardier Inc B Stock Price, News & Analysis

Bombardier (TSX: BBD.B) has announced it will release its first quarter 2025 financial results on May 1st, 2025, followed by its Annual General Meeting of Shareholders on the same day. The financial results presentation will be held at 8:00 a.m. ET, featuring CEO Éric Martel and CFO Bart Demosky, with a subsequent Q&A session with analysts.

The virtual Annual General Meeting will commence at 10:30 a.m. ET. While all shareholders can join the live webcast, only registered shareholders and appointed proxyholders will have voting rights and the ability to ask questions. Shareholders are encouraged to vote and submit proxies before the meeting.

Bombardier (BDRBF) has announced its new normal course issuer bid (NCIB) starting April 3, 2025. The Toronto Stock Exchange has approved the company to purchase up to 600,000 Class A shares (4.86% of outstanding) and 4,300,000 Class B subordinate voting shares (5% of outstanding) through April 2, 2026.

The purchased shares will be either cancelled to offset stock option dilution, used for employee benefit plans, or cancelled for capital position management. Purchases will be made through the TSX at prevailing market prices, with daily limits of 3,552 Class A shares and 119,826 Class B shares. Under the previous 2024 NCIB, Bombardier purchased 608,907 Class B shares at an average price of $94.63 for stock option and incentive plans management.

Bombardier Defense has secured an order for two Challenger 650 aircraft from Principle Finance, an Australian aircraft leasing provider. The aircraft, scheduled for delivery in 2026, will be used for Intelligence, Surveillance and Reconnaissance (ISR) missions in Australia.

The Challenger 650 aircraft boasts impressive specifications, including up to 11 hours endurance, 99.9% dispatch reliability, and a 4,000 nm range. These aircraft are particularly suited for ISR missions, offering performance comparable to large maritime patrol aircraft at lower operating costs.

This order marks a significant expansion of Bombardier's presence in Australia and the Asia-Pacific region. The company has recently strengthened its regional footprint with a new Line Maintenance Station in Perth, a Melbourne Service Center opened in 2022, and its first international Defense office in Adelaide established in May 2024.

Bombardier has announced the opening of a new Line Maintenance Station (LMS) in Perth, Australia, expanding its customer service network in the Asia-Pacific region. The company also plans to open a second LMS in Sydney later in 2025, pending regulatory approval.

The Perth facility joins Bombardier's global network of 10 LMS locations, offering light scheduled and unscheduled maintenance, including Aircraft on Ground (AOG) support. The station's technicians are certified to service all Learjet, Challenger, and Global series aircraft. Mobile Response Trucks are operational in Melbourne, Perth, and Sydney.

This expansion complements the Melbourne Service Centre opened in September 2022, which features nearly 50,000 sq. ft. of space and can accommodate three Global 7500 aircraft. Bombardier maintains strategic distribution hubs in Chicago, Frankfurt, Singapore, and Hong Kong to ensure reliable global access to spare parts.

Bombardier (BDRBF), Tata Consultancy Services (TCS), and TECHNATION Canada have announced the winners of the SustAInable Aviation Student Innovation Challenge, a competition focused on using artificial intelligence for aviation sustainability. The event, held at Bombardier's Laurent Beaudoin Completion Centre in Dorval, featured nearly 100 student participants, with 25 advancing to the finals.

The competition uniquely incorporated a Generative AI-powered robot on the judging panel, which interacted with students in both French and English. Students received mentoring from Bombardier and TCS experts throughout the challenge. The initiative offered $16,000 in cash prizes and internship opportunities at Bombardier.

The challenge attracted students from various disciplines including engineering, computer science, and commerce, aiming to contribute innovative solutions for sustainable business aviation. The event was supported by Quebec's Chief Innovation Officer and received endorsement from Montreal's mayor, highlighting the city's position as a major aerospace hub focused on aviation decarbonization.

Bombardier (BDRBF) has been awarded the Aviation Week Laureate Award for its groundbreaking environmental transparency initiative. The company has become the first and only business jet manufacturer to publicly disclose Environmental Product Declarations (EPDs) for its entire in-production aircraft portfolio.

The EPDs, accessible on Bombardier's website, provide comprehensive environmental footprint data for their aircraft over their complete life cycle. This initiative, spearheaded by Bombardier's Aircraft Innovation team, demonstrates the company's commitment to environmental stewardship and industry leadership.

The scientific methodology developed for the Global 7500 program's life cycle analysis has become an industry benchmark. This environmental transparency supports Bombardier's broader initiatives, including Sustainable Aviation Fuel (SAF) advocacy and their EcoJet research project.

Bombardier's Global 7500 business jet has achieved a remarkable milestone by setting 100 speed records in the ultra-long-range segment. The latest record was set during a flight from San Luis Obispo to London Biggin Hill Airport, completed in 9 hours and 17 minutes at nearly 1,000 km/hr.

The aircraft has demonstrated impressive performance across various city pairs, including Tokyo-San Francisco, London-Riyadh, and Oakland-Tokyo. Notable achievements include an 8,225 nautical mile Sydney-Detroit flight, the longest in business aviation history, and the first non-stop London City Airport to Los Angeles mission.

The Global 7500 features a Mach 0.925 top speed and 7,700 nautical mile range, equipped with the innovative Smooth Flĕx Wing technology. The aircraft includes four living spaces, a full kitchen, crew suite, and Bombardier's patented Nuage seat. With over 200 aircraft in service and 220,000 flying hours, it paves the way for the upcoming Global 8000, scheduled for service entry in 2025.

Bombardier has achieved a historic milestone with the delivery of its 1,000th super-midsize aircraft, a Challenger 3500, to JM Family Entreprises. The ceremonial handover took place at Bombardier's Challenger delivery centre in Montréal, with over 700 employees and guests in attendance.

The Challenger 3500 continues to dominate its segment as the most delivered jet in 2024, featuring industry-leading innovations such as voice-controlled cabin and the Nuage seat adapted from the Global 7500 aircraft. The aircraft boasts the lowest direct operating costs in its category while maintaining exceptional performance and reliability.

Notable features include an Environmental Product Declaration (EPD), making Bombardier the only business jet manufacturer to publish EPDs for its entire in-production aircraft portfolio. The company also supports sustainable aviation by covering all operational flights with Sustainable Aviation Fuel through the Book-and-Claim system.

Bombardier (BDRBF) reported strong financial results for 2024, with revenues growing 8% year-over-year to $8.7 billion, driven by 146 aircraft deliveries and record service revenue exceeding $2.0 billion. The company's adjusted EBITDA increased 11% to $1.36 billion, with a 15.7% margin.

Key financial highlights include net income of $370 million, adjusted net income of $547 million, and diluted EPS of $3.40. Free cash flow generation reached $232 million, while the backlog grew to $14.4 billion. The company achieved significant deleveraging with approximately $400 million in debt reduction, reducing the adjusted net debt to adjusted EBITDA ratio from 3.3x to 2.9x.

Due to new U.S. tariffs announced on February 1, 2025, affecting imports from Canada, Mexico, and China, Bombardier has deferred providing guidance and 2025 objectives until further assessment of potential impacts.