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Bombardier (TSX:BBD.A) Challenger 350 most delivered business jet for seventh consecutive year, highest total market share in Q4

Aviation
TSX:BBD.A
26 February 2021 13:30 (EDT)

Bombardier’s Challenger 350 aircraft was the most-delivered medium category business jet in 2020, for the seventh consecutive year.

The company also outpaced competitors by delivering a total of 44 aircraft in the fourth quarter of 2020. This accomplishment was driven by the delivery of a record 16 Global 7500 business jets in the same timeframe.

Bombardier is well positioned to respond to the growing interest and enhanced safety private aviation provides during these exceptional times.

In 2020, Bombardier announced a firm order for 10 Challenger 350 aircraft in a transaction valued at $267 million U.S. This transaction also marked the 350th delivery, a milestone reached after only seven years in service.

Headquartered in Montréal, Bombardier is a global leader in aviation.

Bombardier is present in more than 12 countries including its production/engineering sites and its customer support network.

Bombardier (BBD.A) is up 1.22 per cent, trading at C$0.83 per share at 1:30 pm EST.

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