- Bombardier (TSX:BBD.B), an outperforming aviation stock, is debuting Smart Services Elite, a strategic expansion of its Smart Services cost-per-flight-hour program to increase budget predictability
- Smart Services Elite is the only cost-per-flight-hour program that covers cabin system components, landing gear overhaul, scheduled and unscheduled maintenance and Mobile Response Team support
- Montreal-based Bombardier is a global aviation company focused on the design, manufacturing and servicing of business jets
- Bombardier stock (TSX:BBD.B) is up by more than 75 per cent YoY, well ahead of the S&P/TSX Composite Index’s 1.15 per cent return over the period
Bombardier stock (TSX:BBD.B), an outperforming aviation stock, is debuting Smart Services Elite, a strategic expansion of its Smart Services cost-per-flight-hour program to increase budget predictability.
Smart Services Elite is the only cost-per-flight-hour program to offer customers access to:
- Aircraft systems components and landing gear
- Scheduled and unscheduled maintenance cost coverage
- Worldwide network support, including Mobile Response Team coverage
- The program also includes guaranteed flight-hour rates
More than 1,600 Bombardier aircraft are enrolled in the Smart Services program, representing more than 10 million flight hours.
“Bombardier’s Smart Services Elite is the ultimate easy button for our business jet customers when it comes to budget predictability and cost protection for all their maintenance needs,” Paul Sislian, executive vice president, aftermarket services and strategy, said in a statement. “With Smart Services Elite, customers receive additional peace of mind though added services not previously covered by existing cost-per-flight-hour offerings, providing them with a comprehensive solution for maintenance repair and support.”
The news follows a profitable Q2 2023 and the company’s introduction of enhanced situational awareness and advanced visualization features on its Bombardier Vision flight deck.
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) is up by 1.38 per cent trading at $46.25 per share as of 9:49 am ET. The stock is up by more than 75 per cent YoY, well ahead of the S&P/TSX Composite Index’s 1.15 per cent return over the period.
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