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Bombardier gets starring role at National Business Aviation Convention

Aviation, Market News, Transport
TSX:BBD.A
17 October 2024 08:39 (EST)
Bombardier's Challenger 3500 aircraft

(Source: Bombardier)

Bombardier (TSX:BBD.A) will have a diversified presence at this year’s National Business Aviation Association Business Aviation Convention & Exhibition (NBAA-BACE) Oct. 22-24 in Las Vegas, Nevada.

According to Thursday’s news release, the company’s participation will highlight its “long-standing leadership in innovation, safety, sustainability and setting the highest standard in business aviation,” setting the tone for continued boundary pushing into the future.

Bombardier’s team will be on-site to showcase the company’s services, support infrastructure and a select lineup of its industry-leading business jets including the Global 7500, Global 6500 and Challenger 3500. The company will also present a certified pre-owned Challenger 300 aircraft to introduce attendees to its wide-ranging offerings in the pre-owned space.

The show’s opening keynote on Oct. 22 will see Laurent Beaudoin, Bombardier’s chairman emeritus, and Pierre Beaudoin, Bombardier’s chairman of the board, receive the Meritorious Service to Aviation Award in recognition of their significant contributions to the business aviation industry.

Bombardier intends to have a press conference about its latest news, including product and program updates, at NBAA-BACE at 9:20 am, Monday.

Leadership insights

“The entire Bombardier team is tremendously proud to celebrate the immense contribution of Laurent Beaudoin and Pierre Beaudoin, and to share this special moment with our industry peers and collaborators,” Éric Martel, Bombardier’s president and chief executive officer, said in a statement. “Thanks to Laurent Beaudoin and Pierre Beaudoin’s vision, Bombardier remains a company built on family values, where cultivating authentic relationships, fostering true connections and offering tailored services are what we are renowned for. Bombardier continues to elevate the world of aviation by redefining excellence, and we are pleased to showcase our industry-leading aircraft and tremendous accomplishments at NBAA-BACE.”

About Bombardier

Bombardier designs, builds, modifies and maintains a line of business jets for people, businesses, governments and militaries around the world. The company’s customers operate a fleet of about 5,000 aircraft supported by 10 service facilities across six countries.

Bombardier stock (TSX:BBD.A) last traded at C$109.64 per share. The stock has added 144.68 per cent year-over-year and 161.05 per cent since 2019.

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(Top photo of Bombardier’s Challenger 3500 aircraft: Bombardier)


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