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Bombardier Inc. (BOMBF)

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  • M
    Malik
    Bombardier Publishes Challenger 3500 Business Jet Environmental Product Declaration
    GlobeNewswire
    EQNX::TICKER_START (TSX:BBD-A),(TSX:BBD-B),(OTC US:BDRBF),(Other OTC:BDRBF), EQNX::TICKER_END -- Challenger 3500 aircraft Environmental Product Declaration (EPD) provides detailed information about the aircraft's life cycle environmental footprint

    -- Industry leading super mid-sized business joins flagship Global 7500 as EPD qualified

    -- Challenger 3500 was designed through a sustainable lens in line with Bombardier's environmental objectives

    -- The Challenger 3500 aircraft is already setting the standard as the industry's leading super mid-size business jet

    Bombardier announced today that it has published an Environmental Product Declaration (EPD) for the industry's leading super mid-size business jet, the Challenger 3500 aircraft. Following Bombardier's recent groundwork on making the Global 7500 aircraft the first business jet ever to receive an EPD, the Challenger 3500 aircraft is the first business jet in the super mid-size segment to have an EPD published. The validation, verification, and confirmation of the EPD for the Challenger 3500 represents another milestone for Bombardier, demonstrating its ongoing commitment to sustainability.

    Adhering to the International Standards ISO 14020, which specifies requirements for environmental claims, and science-based life cycle analysis data, the rigorous cradle-to-grave analysis delivers a comprehensive overview of an aircraft design, development, and production processes. The assessment of more than 40,000 aircraft parts underpinned the Challenger 3500 EPD publication, ensuring that the robust industry standards around environmental labels and declarations were met.

    "Bombardier is the only business aviation manufacturer to hold EPDs, confirming that reducing the industry's environmental footprint is of the utmost importance to us," said Michel Ouellette, Executive Vice President, Engineering, Program Management and Bombardier Defense. "We recognize that establishing sustainability requirements at the start of a design phase initiates development of aircraft that support the industry's carbon reduction goals. Improving the environmental performance of our manufacturing, servicing activities, and products across our value chain to ensure environmental risks and impacts are identified, effectively managed, and reduced is imperative for a sustainable future."

    Designed and manufactured through a sustainable lens, the Challenger 3500 elevates the customer ownership experience through the introduction of new cabin features that further minimize environmental impact. Cabin interior options incorporate a selection of innovative, sustainable materials including upcycled fabrics, rapidly renewable wood options and natural and more locally sourced fiber-based materials, all of which deliver high-quality finishes, without compromising aesthetics, comfort, or functionality. For crew, introduction of the first eco app* solution in business aviation enables optimized flight plans, which help operators save fuel and reduces the aircraft's environmental footprint. Emphasizing Bombardier's commitment to the reduction of greenhouse gas emissions, the jet's flight test program is the first in business aviation to be completely carbon neutral. In addition, the award-winning business jet can operate to its highest performance levels using sustainable aviation fuel (SAF).

    The Challenger 3500 aircraft also introduces several innovative technological features, such as the industry's first voice-controlled cabin to manage lighting, temperature, and entertainment systems, the first wireless chargers throughout the cabin and the only 24-inch, 4K display in its class. Bombardier's exclusive and patented Nuage seat is included in the aircraft's standard configuration - the first time a seat of this calibre is available in the super mid-size segment. In the flight deck, Bombardier introduces a standard-equipped auto-throttle system to the Challenger 3500 aircraft that offers the most baseline features in its class.

    Reflecting Bombardier's pioneering spirit and approach to continuous improvement, in April the Challenger 3500 was named the "Red Dot: Best of the Best" in the Red Dot Award: Product Design Trains and Planes category for 2022. The prestigious design award confirms the Challenger platform represents the company's superior innovative approach to showcasing original design by successfully combining interior comfort with leading-edge technology that supports sustainability.

    About Bombardier

    Bombardier is a global leader in aviation, focused on designing, manufacturing and servicing the world's most exceptional business jets. Bombardier's Challenger and Global aircraft families are renowned for their cutting-edge innovation, cabin design, performance and reliability. Bombardier has a worldwide fleet of approximately 5,000 aircraft in service with a wide variety of multinational
  • d
    dd
    Official: Bombardier unveils the Global 8000 Business Jet. The world’s number one fastest and longest ranged purpose-build jet.
  • H
    Hugo
    These are positive losses IMO. Bomba is going through a critical stage before really taking off. I have over 500k shares in this company making up half of my portfolio. Yes correct bomba is half my nest egg. Im no expert just always knew how to pick them. Hop on boys.
  • S
    Sean
    Honestly I’m not here to optimize my gains to be honest. I just like this company and feel good investing in its future. Whether it’s 1,7,10,20% capital gains, I don’t mind!
  • $
    $$MAD MONEY$$
    Bombardier received $1.3 billion worth of new aircraft orders in the first quarter, increasing its order backlog by 11% to $13.5 billion.
  • A
    Ankur
    Yes, happy, waiting for this to reach $2 and I will make $10000 in profits, yay,
  • R
    Rabeah
    TD FirstLook
    Event

    Bombardier reported Q1/22 Adjusted EBITDA (from continuing operations) of $167 million, compared to our forecast of $154 million and consensus of $153 million. Adjusted EPS of -$0.03 was in-line with TD/consensus estimate of -$0.03/-$0.03.

    Impact: SLIGHTLY POSITIVE

    We view the Q1/22 results positively due to the slightly stronger-than-expected revenue and EBITDA, significantly greater cash generation than forecast, and net book:bill that was 2.1x on a dollar basis (2.5x on a unit basis). Each quarter that Bombardier generates results that meet expectations and keeps on track to meet or exceed its full year guidance and 2025 targets should contribute to establishing credibility for company and the management team that has been successfully steering the company since taking over leadership in 2020.

    Revenue declined 7% y/y to $1.246 billion, versus our $1.160 billion forecast and consensus of $1.331 billion. The company delivered 21 aircraft (TD estimate 21), although the mix included one additional small cabin delivery and one fewer medium cabin than factored into our forecast.

    Services revenue increased 34% y/y to $361 million, in-line with TD forecast of $367 million.

    Adjusted EBITDA margin was 13.4%, in-line with our 13.2% forecast. The improvement is primarily due to Global 7500 margin expansion and the growth in aftermarket services.

    Orders: Book-to-bill ($) was 2.1x (2.5x units basis), an exceptional result and supportive of our expectations for delivery growth through at least 2023. This compares to the comparable GD value of 1.7x and Textron's 2.0x.

    Free cash flow was $173 million, above our forecast for usage of $566 million, with the difference due to lower cash requirements for inventories and a greater-thanexpected increase in the contract liability (related to strong order activity).

    2022 Guidance: Management believes the company is on track to meets its full year guidance of >120 deliveries and FCF greater than $50 million. We interpret press release language as implying potential upside to guidance (which we believe is likely), but the report indicated that based on the current geopolitical climate, management will be taking a wait-and-see approach before providing any updated guidance.
  • H
    Hugo
    I remember I was in a barber shop on Skokie, Illinois, turns out they weren’t aluminum casters on the wheels but the high tech stuff Bombardier used to roll out. Been a shareholder ever since, always look at the foundation.
  • d
    dd
    Official: "Stay on the lookout! Something new, unique, and exciting is coming your way. Join our live event from Geneva #EBACE2022 on May 23rd at 11:00 a.m." - BBD Twitter.
  • D
    Dimka
    Just search on Google "Bombardier Twitter". You will get the result for their handle. There are several new material announcements that came out. Interesting stuff actually.
  • p
    pierre1948
    Bad day for the market in general , BBD.B 10% down today, bought more shares at $1.15
    Eric Martel spoke on Montreal radio 98,5 today, his comments : precise and very positive .
  • M
    Malik
    BRIEF-Bombardier’s Board Of Directors Approves Share Consolidation And Renewal Of Normal Course Issuer Bid
    May 6 (Reuters) - Bombardier Inc:

    * BOMBARDIER’S BOARD OF DIRECTORS APPROVES SHARE CONSOLIDATION AND RENEWAL OF NORMAL COURSE ISSUER BID

    * BOMBARDIER - CURRENTLY TARGETING TO IMPLEMENT SHARE CONSOLIDATION AND RENEWED NCIB IN JUNE 2022

    * BOMBARDIER - BOARD APPROVED PROCEEDING WITH CONSOLIDATION OF ISSUED & UNISSUED CLASS A & CLASS B SHARES AT A CONSOLIDATION RATIO OF 25-FOR-1 Source text for Eikon: Further company coverage:
  • D
    Dimka
    This won't get delisted. It was not delisted in 2020 when I reached 30 cents. The reverse split will make the price per share much higher. The question is the lawsuit and business performance. That's it. Delisting is fake news.
  • L
    Larosh
    shaking is over now it's time to buy more shares
  • D
    Dief
    25 to 1 consolidation approved and share buy back
  • P
    Paul
    soon, all investors will be rolling in this ... um ... I'm thinking to buy $25k more
  • A
    Ankur
    Stay strong - TIP ranks, Market beat and TD ameritrade, all have price target of over $2 with positive sentiments, with strong buy ratings
  • K
    Kosta
    added another 20k. Sweet buy. glts
  • C
    Conair
    13+ billion backlog, and doubling Wichita foot print.⬆️⬆️⬆️😎
  • b
    bicente
    1 of the problems with this stock was the huge float , RS will fix that . the other problems are being dealt with too