Sarah Rose (they/them) is a news writer and reporter for AIN. 
Prior to AIN, Sarah worked as a journalist for Georgia Public Broadcasting, Georgia&#039;s statewide NPR and PBS affiliate. They have also worked for several national nonprofits and as a legislative assistant in U.S. Congress. As an openly nonbinary reporter, they are a proud member of the Trans Journalists Association. 
Sarah is a 2012 graduate of Kennesaw State University.

News Writer

Sarah Rose

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

Bombardier this week reached an agreement to settle a shareholder lawsuit related to its divestitures but said that the terms are confidential.&nbsp;In 2022, Bombardier noteholders filed a complaint before the New York Supreme Court reiterating claims that the Canadian manufacturer violated lending covenants by divesting its transportation business, regional jet program, and aerostructures division.
At the time, the company issued a statement that it “believes that these allegations are without merit and intends to vigorously defend itself against the action. The corporation believes it is not and has never been in breach of any covenant under the relevant indenture and that the actions taken by it in May 2021, with the support and consent of the requisite holders of the relevant debt securities of the corporation, were fully compliant with the terms of the indentures under which such notes were issued.”
<meta charset="UTF-8">The settlement contains a consent from the noteholders "that the divestiture transactions referred to in the lawsuit did not give rise to any default under the Indenture," Bombardier said. "While the company strongly believes the allegations in this case were without merit, it also believes that it is in the best interest of the company and all its stakeholders to settle this lawsuit and concentrate on its core business operations."

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

Bombardier Settles Divestiture Suit 

Company reached a settlement this week

Bombardier announced this week that it has reached an agreement to settle a lawsuit.

2024 Corporate Aviation Leadership Summit

AmyWilder

News and issues concerning the aviation charter and fractional-ownership industries and markets, including company announcements, regulations, new developments and labor issues.

News and issues relating to business, corporate and private aviation, primarily regarding turbine-engine-powered airplanes and helicopters. Subjects include aircraft, engines, maintenance, operations, personnel, acquisitions, accidents, safety, security, and training.

Expansion of fleet will enhance service during holidays

Wheels Up Completes $332M Financing, Acquires 17 Jets

Charles Alcock

News and developments about airplanes, helicopters and unmanned air vehicles used in all varieties of operations, including airlines, military, business, commercial, general aviation and private.

News about bills, laws, regulations and other governmental decisions affecting aviation and aerospace. Topics include FAA re-authorizations, taxes on fuel and aviation activities, environmental legislation, ICAO decisions, governmental mediation of labor conflicts and World Trade Organization disputes and decisions.

Industry group says this is the first in a series of new features for EBACE

EBAA Merges Air Ops Conference with EBACE Trade Show

News and issues relating to the aerospace industry that are related to the science, engineering and business of flight in space involving civil, industrial and military applications, and similar topics related to flight in the atmosphere of the Earth that are not covered more directly by other AINonline subject channels. In other words, both astronautical and aeronautical subjects, except for those aeronautical topics that are specifically covered elsewhere on this website.

Letter to Honeywell's board says Aerospace unit should run as a standalone business 

Fund Manager Elliott Demands Breakup of Honeywell Group

News and issues regarding all manner of civil and military rotorcraft and their powerplants, including helicopters, tilt rotors and unmanned air vehicles.

In this article

Bombardier

More In Finance, Taxes, Insurance

Wheels Up Completes $332M Financing, Acquires 17 Jets

Expansion of fleet will enhance service during holidays

EBAA Merges Air Ops Conference with EBACE Trade Show

Industry group says this is the first in a series of new features for EBACE

Fund Manager Elliott Demands Breakup of Honeywell Group

Letter to Honeywell's board says Aerospace unit should run as a standalone business

Blade Logs 3Q Net Loss Despite Flight Growth

Medical and passenger flight demand increased alongside revenues

Vertical Pushes Back eVTOL Certification, Says New Funding Will Come

UK company is not the only eVTOL aircraft developer facing delays in the launch of commercial operations

NetJets, FSI Post Strong 3Q Revenue Amid Rising Costs

Aviation services lead revenue gains, but earnings take a hit

Wheels Up Stabilizes as Bizjet Fleet Renewal Starts

Company's third-quarter financials have ended seven consecutive quarters of declining revenues

KPMG Starts M&A Process to Find New Backers For Lilium's eVTOL Aircraft

Company says it is still building Lilium Jet prototypes and plans to start test flights

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