- Bombardier (TSX:BBD.A) delivered its first Challenger 3500 business jet in Costa Rica
- The milestone expands the company’s existing presence in the country, which was established in 2015 and includes more than 100 employees supporting its finance and billing departments
- Bombardier designs, builds, modifies and maintains a line of jets for individuals, businesses, governments and militaries around the world
- Bombardier stock has added 78.39 per cent year-over-year
Bombardier (TSX:BBD.A) delivered its first Challenger 3500 business jet in Costa Rica, expanding the company’s existing presence in the country, which was established in 2015 and includes more than 100 employees supporting its finance and billing departments.
This content has been prepared as part of a partnership with Bombardier Inc., and is intended for informational purposes only.
According to Friday’s news release, the Challenger 3500 “has consistently led the super-midsize segment for over two decades,” offering passengers a range of 6,297 kilometres and a top speed of 882 kilometres per hour, enabling flights from San Jose to Los Angeles, New York, Santiago and Buenos Aires. This is in addition to a dispatch time as short as seven minutes and tech-forward amenities such as a voice-controlled cabin and zero-gravity seats.
The delivery follows a 50-aircraft Global and Challenger deal valued at US$1.7 billion announced in June, topping up Bombardier’s US$14.2 billion backlog as of Q1 2025 and positioning the company to expand its track record of profitable growth, which has seen it increase annual revenue since 2021 and generate positive net income since 2023.
Investors can expect Bombardier’s financial results for Q2 2025 on July 31.
Leadership insights
“With its high reliability, modern cabin and exceptional runway performance, the Challenger 3500 has quickly established itself as the aircraft of choice for customers around the world as well as in Central America,” Michael Anckner, Bombardier’s vice president of worldwide pre-owned, fleet, defense and Latin America, said in a statement. “The Challenger 3500 aircraft is a proven, across-the-board performer that delivers on Bombardier’s promise to take the passenger experience to new heights. This delivery marks an important growth milestone for our fleet in Central America and clearly demonstrates the trust that clients in the region have in Bombardier.”
About Bombardier
Bombardier designs, builds, modifies and maintains a line of jets for individuals, businesses, governments and militaries around the world. Its customers operate a fleet of more than 5,100 aircraft supported by 10 service facilities across six countries. The company operates aerostructure, assembly and completion facilities in Canada, the United States and Mexico.
Bombardier stock (TSX:BBD.A) is up by 0.64 per cent on the news trading at C$161.28 as of 10:09 am. The stock has added 78.39 per cent year-over-year.
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