Bombardier On Pace for 2025 Goals, Sees Balanced Growth | Aviation International News

Bombardier On Pace for 2025 Goals, Sees Balanced Growth

President and CEO Éric Martel opened the door to future acquisitions

Bombardier Challenger 3500 — © Bombardier

By Kerry Lynch • Editor, AIN monthly magazine

May 1, 2024

Bombardier today confirmed that it has a “clear line of sight” to meeting its 2025 objectives of 150 deliveries and $9 billion in revenues. Speaking during the company’s Investor Day at its new aircraft assembly plant at Toronto Pearson International Airport, president and CEO Éric Martel also confirmed that an order announced in December from an undisclosed customer for a dozen Challenger 3500s, valued at $326.4 million, was in fact from fractional owner provider NetJets and included 232 Challenger 3500 options that could push the value of the deal up to $6 billion, based on list prices. Deliveries on that order are set to begin next year.

As for its Investor Day, Martel outlined a plan to grow organically on all fronts—from delivery growth next year to expanding the market in services, defense, and its Certified Pre-Owned (CPO) program.

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Challenger 300/350/3500

Bombardier

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