PriceSensitive

Bombardier showcases EcoJet emissions reduction project in Las Vegas

Aviation, Environment, Market News, Transport
TSX:BBD.B
17 October 2023 09:25 (EDT)
Bombardier - Bombardier's EcoJet Blended Wing Body test vehicle.

Source: Bombardier.

Bombardier (TSX:BBD.B) wowed attendees at the 2023 NBAA Business Aviation Convention & Exhibition in Las Vegas with photos from the second-phase flight tests for its EcoJet emissions reduction project.

The flights involved an 18-foot-wide demonstrator and generated promising results that will “contribute to the advancement of this pivotal project,” according to a statement, specifically with regard to new aviation control laws with applications to more sustainable business aircraft.

Bombardier’s EcoJet research project, initiated 15 years ago, seeks to reduce aircraft emissions by up to 50 per cent through aerodynamic and propulsion enhancements. The project uses scaled, autonomous Blended Wing Body (BWB) test vehicles to advance its technologies. Bombardier began real-world testing of its theoretical emissions reduction work in 2017 with a prototype with an 8-foot wingspan. Flight-testing will continue over a number of years to hone data in diverse environments.

“Our engineers are eager to start working with the results yielded by this second phase of the flight test program,” Stephen McCullough, senior vice president of engineering and product development, said in the statement. “Building on the significant data drawn from the initial flight-testing phase, and now leveraging a model twice as large as the first prototype, we can further refine our analysis. With each additional experimental stage, we are paving the way for more sustainable aircraft designs and new technologies.”

The news coincides with two additional announcements during the convention:

Montreal-based Bombardier is a global aviation company focused on the design, manufacturing and servicing of business jets. It has approximately 5,000 aircraft in service across multinational corporations, charter and fractional ownership providers, governments and private individuals. 

Bombardier stock (TSX:BBD.B) last traded at $47.02 per share. The stock is up by more than 56 per cent YoY, more than 10 times the S&P/TSX Composite Index’s 5.37 per cent return over the period.

Join the discussion: Find out what everybody’s saying about this Canadian aviation stock on the Bombardier Bullboard, and check out the rest of Stockhouse’s stock forums and message boards.

The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.


Related News