| Previous Close | 8.34 |
| Open | 8.34 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's Range | 8.34 - 8.34 |
| 52 Week Range | 4.16 - 8.79 |
| Volume | 300 |
| Avg. Volume | 350 |
| Market Cap | 4.04B |
| Beta (5Y Monthly) | 2.98 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.37 |
| Earnings Date | N/A |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | N/A |
- The Motley Fool
Forget Air Canada Stock: 3 Airline Stocks Soaring to New Heights
Air Canada (TSX:AC) stock is a great buy if you have patience, but these stocks have performed well more recently for investors. The post Forget Air Canada Stock: 3 Airline Stocks Soaring to New Heights appeared first on The Motley Fool Canada.
- GlobeNewswire
Airshare Plans to Double Fractional Fleet with Addition of Bombardier’s Best-Selling Challenger 350 Business Jets
Airshare announces purchase of three Challenger 350 aircraft for delivery by year end with options for an additional 17 business jets over the next few yearsMarket-leading Challenger 350 aircraft is ideally suited to launch Airshare into super midsize segmentThe high-performing Challenger 350 aircraft is the undisputed champion of successful fleet operators MONTREAL, May 12, 2021 (GLOBE NEWSWIRE) -- Bombardier today welcomed Airshare as its newest fleet operator for its best-selling Challenger 350 business jets. Airshare has ordered three super midsize Challenger 350 aircraft, with options for 17 more, which will enable the Kansas City-based private aviation company to double the size of its fractional ownership fleet in the near future. “We appreciate the confidence Airshare has expressed in our Challenger 350 aircraft. This jet is the all-round performer. No other aircraft in the category comes close to its superior reliability, range, speed, performance, cabin experience and operating costs,” said Éric Martel, President and CEO, Bombardier. “Airshare is one of the most successful fractional programs in the country. We are proud they have chosen the Challenger 350 aircraft to anchor their fleet, and we are extremely excited about the potential of this long-term partnership.” “The addition of super midsize jets into our fleet represents a significant milestone in our vision to intelligently expand the Airshare brand nationally,” said John Owen, President and CEO of Airshare. “Considerable due diligence went into choosing the Challenger 350 business jet, with input from our current customers and contributions from every department in the company. Partnering with Bombardier puts us in an excellent position to attract future customers who have wanted to join our program but desired a larger aircraft with greater range, while also ensuring we continue to deliver best-in-class service that has become synonymous with Airshare.” Airshare selected the Challenger 350 aircraft as the catalyst for strategically expanding its revolutionary fractional ownership program beyond its core markets in the central United States, with the goal to soon begin serving customers on the East Coast. Airshare’s days-based program appeals to both business and leisure travelers seeking to maximize their efficiency and productivity. Airshare’s fractional program provides each owner of a 1/16th share with 20 days and unlimited flight time (based on a customer’s allocation of days with a maximum 14-hour crew duty day). When Airshare shareowners begin and end in the same location, while keeping the aircraft and crew with them, they save up to 35 per cent off their hourly rate. Having the pilots and aircraft stay with shareowners as they travel provides the ultimate in flexibility as they are able to visit multiple locations and adjust their schedules at a moment’s notice. Airshare also offers its own jet card program, EMBARK, as well as aircraft management, on-demand charter and maintenance services. In 2020, the Challenger 350 business jet once again cemented its position as the most-delivered business jet in the Medium category seven years in a row. A true powerhouse in the industry, the Challenger 350 aircraft sets the standard by which other super midsize aircraft are compared. To complement its superior performance capabilities, Bombardier continues to introduce value-added enhancements to the Challenger 350 aircraft cabin, including an expanded selection of stylish interior design schemes, high-speed Ka-band connectivity and an advanced cabin management system. The Challenger 350 aircraft also sets the benchmark for its impressive dispatch reliability rate along with the lowest direct operating costs in its category, thanks to affordable maintenance programs and longer maintenance intervals than any competitor. About AirshareAirshare is the safe and simple way to fly private. Founded in 2000 and headquartered in Lenexa, Kan., the private aviation company serves fractional shareowners and EMBARK® jet cardholders across the central United States. Airshare has received IS-BAO Stage 3 and ARGUS Platinum designations, meeting the highest international standards for safe flight operations. The company operates a fleet of super midsize and light jets within their fractional and EMBARK programs. Airshare provides whole aircraft management and charter services nationwide, while also providing comprehensive maintenance services for third-party aircraft. For more information visit www.flyairshare.com. About BombardierBombardier is a global leader in aviation, creating innovative and game-changing planes. Our products and services provide world-class experiences that set new standards in passenger comfort, energy efficiency, reliability and safety. Headquartered in Montréal, Canada, Bombardier is present in more than 12 countries including its production/engineering sites and its customer support network. The Corporation supports a worldwide fleet of more than 4,900 aircraft in service with a wide variety of multinational corporations, charter and fractional ownership providers, governments and private individuals. News and information is available at bombardier.com or follow us on Twitter @Bombardier. Bombardier, Challenger and Challenger 350 are registered or unregistered trademarks of Bombardier Inc. or its subsidiaries. For informationBombardier Anna Cristofaro+ 1 514-855-8678anna.cristofaro@aero.bombardier.com Airshare Bill Patterson, VMLY&R for Airshare+ 1 816-674-4446bill.patterson@vmlyr.com
- GlobeNewswire
Bombardier Provides Update on Consent Solicitations
Receives requisite consent from holders of certain tranches of outstanding senior notes.Extends consent solicitations period to provide holders further opportunity to consent. MONTREAL, May 12, 2021 (GLOBE NEWSWIRE) -- Bombardier (TSX: BBD.B) (the “Corporation”) today announced that it has received the requisite consent from holders of certain tranches of its outstanding Senior Notes or Debentures as they relate to the Corporation’s previously announced Consent Solicitation Statement dated May 3, 2021 (as from time to time, amended or supplemented, the “Consent Solicitation Statement”) with respect to its outstanding senior notes or debentures (such solicitation with respect to any individual series, a “Consent Solicitation” and collectively, the “Consent Solicitations”). The requisite consents were received for the following series of the Corporation’s outstanding senior notes and the corresponding Supplemental Indentures have been entered into and are effective and the Effective Time for each such series has occurred (so that previously delivered Consents may no longer be revoked, although such Supplemental Indentures are not yet operative) in respect of each such series: TITLE OF SECURITYCUSIP / ISIN (144A) CUSIP / ISIN (Reg S) 6.000% Senior Notes due 2022 097751BJ9 / US097751BJ96C10602AY3 / USC10602AY366.125% Senior Notes due 2023 097751BF7 / US097751BF74C10602AW7 / USC10602AW797.500% Senior Notes due 2024 097751BR1 / US097751BR13C10602BF3 / USC10602BF387.500% Senior Notes due 2025 097751BM2 / US097751BM26C10602BA4 / USC10602BA41 Extending Consent Solicitations Pursuant to the terms of the Consent Solicitation Statement, in order for the Proposed Amendments with respect to the series of notes listed above to become operative, the Company need only receive the requisite consents for the Company’s 7.875% Senior Notes due 2027. However, to ensure that all Holders of the Company’s notes who did not already consent have the opportunity to participate in the Consent Solicitations, the Corporation also announced the extension of the expiration date of all of its previously announced Consent Solicitations as follows. The expiration date for the below series of notes has been extended to 5:00 p.m., New York City time, on May 13, 2021: TITLE OF SECURITYCUSIP / ISIN (144A) CUSIP / ISIN (Reg S) 5.750% Senior Notes due 2022 097751AY7 / US097751AY72C10602AR8 / USC10602AR846.000% Senior Notes due 2022 097751BJ9 / US097751BJ96C10602AY3 / USC10602AY366.125% Senior Notes due 2023 097751BF7 / US097751BF74C10602AW7 / USC10602AW797.500% Senior Notes due 2024 097751BR1 / US097751BR13C10602BF3 / USC10602BF387.500% Senior Notes due 2025 097751BM2 / US097751BM26C10602BA4 / USC10602BA417.875% Senior Notes due 2027 097751BT7 / US097751BT78C10602BG1 / USC10602BG117.450% Senior Notes due 2034 097751AL5 / US097751AL51C10602AJ6 / USC10602AJ68 The expiration date for the below debentures has been extended to 5:00 p.m., New York City time, on May 18, 2021: TITLE OF SECURITYCUSIP / ISIN (144A) CUSIP / ISIN (Reg S) 7.35% Debentures due 2026 097751AE1 / CA097751AE11-- As previously announced, if the requisite consents from holders of a series of notes are received and the Proposed Amendments (as defined in the Consent Solicitation Statement) are adopted and become operative, then the Corporation will make a consent payment of US$1.25 per US$1,000 principal amount of the applicable series of notes (C$1.25 per C$1,000 principal amount of the 7.35% Debentures due 2026 (the “C$ Notes”)) to holders who validly deliver (and do not validly revoke) their consent on or prior to the respective deadlines as outlined above and unless further extended. Except as set forth herein with respect to the expiration date, the terms and conditions of the Consent Solicitations remain the same as set forth and described in the Consent Solicitation Statement. The Corporation reserves the absolute right, subject to applicable laws, to further amend, waive or modify the terms of the Consent Solicitations in any manner. For a complete statement of the terms and conditions of the Consent Solicitations, holders are encouraged to read the Corporation’s Consent Solicitation Statement. Holders who have previously delivered consents in connection with the Consent Solicitations do not need to redeliver such consents or take any other action in response to this announcement in order to consent to the Consent Solicitations. The Corporation has retained Global Bondholder Services Corporation to act as the US Information and Tabulation Agent for the Consent Solicitations, and has retained Kingsdale Partners LP to act as the Canadian Information and Tabulation Agent for the Consent Solicitation for the C$ Notes. For additional information regarding the terms of the Consent Solicitations, or to obtain additional copies of the Consent Solicitation Statement, please contact Global Bondholder Services Corporation at (866) 807 2200 or by email at contact@gbsc-usa.com, or, in respect of the C$ Notes, Kingsdale Partners LP at 1-888-518-6824 or by email at corpaction@kingsdaleadvisors.com. You may also contact your broker, dealer, commercial bank, trust company or other nominee for assistance concerning the Consent Solicitations. Citigroup Global Markets Inc. and UBS Securities LLC will act as the Solicitation Agents for the Consent Solicitation. Questions concerning the terms of the Consent Solicitation should be directed to Citigroup Global Markets Inc. at (212) 723-6106 (collect) or (800) 558-3745 (toll-free) or UBS Securities LLC at (203) 719-4210 (collect) or (888) 719-4210 (toll-free). Holders are advised to check with any bank, securities broker or other intermediary through which they hold any of the notes as to when such intermediary needs to receive instructions from a holder in order for that holder to be able to participate in, or (in the circumstances in which revocation is permitted) revoke their instruction to participate in, the Consent Solicitations, before the deadlines specified herein and in the Consent Solicitation Statement. The deadlines set by each clearing system for the submission and withdrawal of instructions will also be earlier than the relevant deadlines specified herein and in the Consent Solicitation Statement. You should check with such broker, dealer, commercial bank, trust company or other nominee to determine whether they will charge you a fee for delivering your consent on your behalf. None of the Corporation, the trustees for the notes, the agents under the respective indentures for the notes, the US Information and Tabulation Agent, the Canadian Information and Tabulation Agent, any of their respective subsidiaries or affiliates or any of its or their respective directors, officers, employees or representatives makes any recommendation to holders as to whether or not to deliver their consent pursuant to any of the Consent Solicitations, and none of the foregoing has authorized any person to make any such recommendation. Holders must decide whether to provide their consent. This notice does not constitute or form part of any offer or invitation to purchase, or any solicitation of any offer to sell, the notes or any other securities in the United States or any other jurisdiction, and neither this notice nor any part of it, nor the fact of its release, shall form the basis of, or be relied on or in connection with, any contract therefor. The Consent Solicitations are made only by and pursuant to the terms and conditions of the Consent Solicitation Statement and the information in this notice is qualified by reference to the Consent Solicitation Statement. None of the Corporation or the tabulation agents makes any recommendations as to whether or not holders should deliver their consent pursuant to any of the Consent Solicitations. Holders are requested to read and consider carefully the information contained in the Consent Solicitation Statement and to deliver their consent in accordance with the instructions set forth in the Consent Solicitation Statement. About Bombardier Bombardier is a global leader in aviation, creating innovative and game-changing planes. Our products and services provide world-class experiences that set new standards in passenger comfort, energy efficiency, reliability and safety. Headquartered in Montréal, Canada, Bombardier is present in more than 12 countries including its production/engineering sites and its customer support network. The Corporation supports a worldwide fleet of approximately 4,900 aircraft in service with a wide variety of multinational corporations, charter and fractional ownership providers, governments and private individuals. News and information is available at bombardier.com or follow us on Twitter @Bombardier. Bombardier is a trademark of Bombardier Inc. or its subsidiaries. This announcement does not constitute an offer to buy or the solicitation of an offer to sell any securities in any jurisdiction or in any circumstances in which such offer or solicitation is unlawful. In those jurisdictions where the securities, blue sky or other laws require the Consent Solicitation to be made by a licensed broker or dealer, the Consent Solicitation will be deemed to be made by one or more registered brokers or dealers licensed under the laws of such jurisdiction. Certain statements in this announcement are forward-looking statements based on current expectations. By their nature, forward-looking statements, including statements with respect to the Corporation’s ability to complete the Consent Solicitation, are based on estimates, projections, beliefs and assumptions that Bombardier believes are reasonable but are not guarantees of future events and results. Forward-looking statements require us to make assumptions and are subject to important known and unknown risks and uncertainties, which may cause our actual results in future periods to differ materially from those set forth in the forward-looking statements. For additional information regarding these risks and uncertainties, and the assumptions underlying the forward-looking statements, please refer to the Consent Solicitation Statement. For information Francis Richer de La FlècheVice President, Financial Planning and Investor RelationsBombardier+1 514 855 5001 x13228Mark MasluchSenior Director, Communications Bombardier +1 514 855 7167
