Matt Thurber, editor-in-chief at AIN Media Group, has been flying since 1975 and writing about aviation since 1978 and now has the best job in the world, running editorial operations for Aviation International News, Business Jet Traveler, and FutureFlight.aero. In addition to working as an A&amp;P mechanic on everything from Piper Cubs to turboprops, Matt taught flying at his father’s flight school in Plymouth, Mass., in the early 1980s, flew for an aircraft owner/pilot, and for two summer seasons hunted swordfish near the George’s Banks off the East Coast from a Piper Super Cub. An ATP certificated fixed-wing pilot and CFII and commercial helicopter pilot, Matt is type-rated in the Citation 500 and Gulfstream V/550. Based in the Pacific Northwest, Matt and his team cover the entire aviation scene including business aircraft, helicopters, avionics, safety, manufacturing, charter, fractionals, technology, air transport, advanced air mobility, defense, and other subjects of interest to AIN, BJT, and FutureFlight readers.

Editor-in-Chief

Matt Thurber

Bombardier manufactures a variety of business aircraft models, provides engineering, and aircraft maintenance services.

Bombardier on Monday announced a cash tender offer for certain outstanding senior notes and plans to issue new senior notes due in 2030, as well as offer redemption of some senior notes due in 2025. This comes in the wake of the company&nbsp;last week during its third-quarter overview projecting revenue guidance of $7.63 billion this year, up from $6.9 billion in 2022. It also said net income was in the black at $275 million for the first three quarters versus a net loss of $369 million from the year-ago period.
The tender offer calls for Bombardier to accept for purchase for cash up to $110 million of outstanding notes, including some at 7.125 percent due in 2026 (up to $75 million) and the rest at 7.875 percent due in 2027 (up to $35 million). Bombardier subsequently raised the aggregate maximum from $110 million to $360 million, the 2026 tender cap from $75 million to $200 million, and the 2027 tender cap from $35 million to $160 million. The offer expires at 5 p.m. on Dec. 6, 2023.
Bombardier plans to finance the tender offer cash with the offering of new senior notes, with an aggregate principal amount of $500 million due in 2030. This money will also enable the company to fund the redemption of all the 7.5 percent senior notes due in 2025, at a $380 million aggregate principal amount.

Issues regarding financing of aircraft; aviation insurance; tax issues for aircraft operators; new companies and people in the aviation financing and insurance industries.

Bombardier To Retire Some Senior Notes and Issue New Senior Notes

Plans to issue new notes come after strong projections for 2023

Bombardier has announced a cash tender offer for certain outstanding senior notes and plans to issue new senior notes due in 2030. 

Bombardier To Retire Senior Notes and Issue New Notes

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News and issues relating to civil and military unmanned aircraft systems (UAS), unmanned aerial vehicles (UAVs) and remotely piloted aircraft systems (RPAS) of all kinds and sizes, including those used for intelligence, surveillance and reconnaissance (ISR), combat (unmanned combat air vehicles, or UCAVs), law enforcement, research and other applications. Of particular focus is the FAA's planned integration of UAS into the U.S. national airspace system.

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Bombardier

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