- Bombardier’s new Global 7500 business aircraft has been touring Asia this week with stops in Hong Kong, Beijing and Seoul
- Bombardier said that this business jet fleet has surpassed more than 150,000 flying hours and has celebrated more than 165 deliveries.
- The Canadian business jet manufacturer has garnered a lot of attention lately with recent record-setting flights from Farnborough in Hampshire, England, to Muharraq, Bahrain, and Phoenix, Arizona, to Paris, France
- Bombardier stock (TSX:BBD.A) last traded at C$58.78 per share
Bombardier’s (TSX:BBD.A) new Global 7500 business aircraft has been touring Asia this week with stops in Hong Kong, Beijing and Seoul.
In a news release, Bombardier stated this business jet fleet has surpassed more than 150,000 flying hours and has celebrated more than 165 deliveries.
The Canadian business jet manufacturer has garnered a lot of attention lately with recent record-setting flights from Farnborough in Hampshire, England, to Muharraq, Bahrain, on Feb. 28 and Phoenix, Arizona, to Paris, France, earlier this month.
Business jets like the Global 7500 fly at higher altitudes, which can mean less traffic and better conditions, allowing the aircraft to reach its top speed of Mach 0.925 and have a range of 7,700 nautical miles (14,260 kilometres).
Having recently just set more than 30 flight records, the Global 7500 aircraft also enables several key long-distance pairs from Asia-Pacific, including Beijing to New York, Seoul to New York, Hong Kong to New York, Tokyo to New York and Singapore to San Francisco.
“As Asian companies go global to connect with their customers, operations and supply chain interests, we have designed the ultimate home in the sky to help them accomplish these tasks – the Global 7500 aircraft,” Emmanuel Bornand, Bombardier’s vice president, international, business aircraft sales, said. “The Global 7500 is the first purpose built four-zone aircraft with a proven track record of more than 165 aircraft delivered providing our customers with the largest cabin, smoothest ride, longest range and lowest cabin altitude.”
Looking to the horizon, the Bombardier team is working to enhance the jet further with the introduction of the Global 8000, hailing it as the flagship of a new era. The performance enhancements on the Global 8000 will be retrofittable when the aircraft enters into service, currently expected in 2025.
Based in Montreal, Bombardier designs, manufactures and services business jets. The company has a global fleet of approximately 5,000 aircraft in service across multinational corporations, charter and fractional ownership providers, governments and private individuals.
Bombardier stock (TSX:BBD.A) last traded at C$58.78 per share and is down 13.99 per cent since this time last year, but it has risen 2,177.43 per cent since 2019.
Join the discussion: Find out what everybody’s saying about this stock on the Bombardier Bullboard investor discussion forum, 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.
