Tag: $Bombardier

Oct 22 (Reuters) – President Donald Trump said late on Thursday Canadian jet maker Bombardier was investing $270 million in the United States, days after he dropped threats to ban the company from the country.

Bombardier (BBDb.TO), said on Monday it had received an order for 50 of its Challenger and Global aircraft, alongside a service agreement, valued collectively at $1.7 billion, with deliveries scheduled to commence in 2027.

Bombardier’s third-quarter revenue beat analysts’ estimates on Thursday, helped by strong demand for business jet parts and repairs.

Canada’s Bombardier reported third-quarter results on Thursday that beat analysts’ estimates, helped by robust demand for pricier business jets and strength in its aftermarket business.

Bombardier said Wednesday it has a commitment from Airshare to order up to 20 additional Challenger 3500 aircraft, which will double the size of the Kansas City-based private aviation company’s Challenger fleet.

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