Bombardier Inc (OTCQX: BDRAF) stock closed up 18.64% to $1.4000 in the past session. During the session, 394.66K shares of Bombardier stock were traded for a range of $1.2400 to $1.5500. BDRAF stock rose after the company announced the biggest business jet order of the year.
What was the value of that order?
Bombardier is dedicated to creating cutting-edge, inventive aircraft that change the face of aviation. With the help of its products and services, BDRAF sets the bar for passenger comfort, energy efficiency, reliability, and safety. The BDRAF headquarters are located in Montréal, Canada, but its subsidiaries are present in over 12 countries, as well as its customer support network. BDRAF has a fleet of more than 4,900 aircraft owned or operated by multinational companies, charter companies, fractional ownership providers, governments and private individuals worldwide.
Bombardier announced yesterday that a previous customer has placed a firm order for 10 aircraft.
- BDRAF did not disclose the order mix at this time due to competitive reasons.
- It is estimated that the agreement will have a total value of $451.8 million, based on the current list prices of BDRAF.
- But BDRAF was particularly proud of having won this year’s largest business jet order.
- BDRAF’s aircraft portfolio caters to the growing demand for private aviation, offering spacious, high-performance aircraft with a smooth ride and highest level of comfort.
- In addition to meeting the evolving business needs of operators and customers, BDRAF’s line of business jets features industry-leading technology.
- Private aviation is increasingly preferred for its convenience and ease of use, and BDRAF’s business jet family offers a compelling array of options.
Bombardier also announced this week that two of the industry-leading Global 7500 business jets have been delivered to two Canadian customers. These are the first Global 7500s to be delivered to Canadian customers.
Assembling and delivering the Global 7500 business jet in Toronto and Montreal will give more Canadians a chance to experience the intense pride that BDRAF takes in its impressive aircraft. BDRAF’s new aircraft will provide Canadian customers with a luxurious in-flight experience and a smooth ride like no other, opening up a whole new world of long-range travel possibilities globally.
Charter services for BDRAF aircraft will be provided by whom?
Chartright Air Group, a leading Canadian aircraft charter provider, will manage and offer charters for both Bombardier (BDRAF) aircraft, based at Toronto Pearson International Airport. BDRAF’s Global 7500 aircraft continue to exceed market expectations as its production ramps up and its fleet exceeds 50 aircraft worldwide. This highlights the business jet’s reputation for being a completely new class of aircraft.
