- Bombardier (TSX:BBD.A) is in the final assembly stage of its first Global 8000 jet at its production centre in Toronto
- Major components are on site and high-tech manufacturing is progressing as planned, with the aircraft slated to enter into service in 2025
- Bombardier designs, builds, modifies and maintains a line of jets for individuals, businesses, governments and militaries around the world
- Bombardier stock has added 30.92 per cent year-over-year and 352.87 per cent since 2020
Bombardier (TSX:BBD.A) is in the final assembly stage of its first Global 8000 jet at its production centre in Toronto. Major components are on site and high-tech manufacturing is progressing as planned, with the aircraft slated to enter into service in 2025.
The profitable company recently finalized flight testing with a separate Global 8000 aircraft at its test centre in Wichita, completing multiple flights to Europe and “drawing rave reviews from test pilots,” according to Tuesday’s news release.
The Global 8000 leads the industry with a range of 8,000 nautical miles and a top speed of Mach 0.94 – making it the fastest civil aircraft since the Concorde – enabling passengers to travel Dubai-Houston, Singapore-Los Angeles, London-Perth, among many other top destination pairings, while enjoying four living spaces and the longest seated length size in its class.
Leadership insights
“Bombardier’s Global 8000 possesses outstanding short-field capabilities, with the ability to access smaller airports other aircraft in its category can’t access. This helps make it the clear choice for discerning owners and operators who prioritize convenience and flexibility,” Stephen McCullough, Bombardier’s senior vice president of engineering and product development, said in a statement. “This impressive aircraft will be the fastest and longest-range purpose-built business aircraft ever built and its rare combination of innovation, performance and comfort will allow our customers to reach new heights in their business aviation experience.”
“The first Global 8000 production aircraft is steadily progressing through final assembly and we are on track to meet our targets for this incredible aircraft—the industry’s fastest and most impressive ultra-long-range business jet,” added David Murray, Bombardier’s executive vice president of manufacturing, IT and operational excellence. “Our engineering and production teams continue to display unmatched levels of commitment, innovation and expertise at all stages of the manufacturing process.”
About Bombardier
Bombardier designs, builds, modifies and maintains a line of jets for individuals, businesses, governments and militaries around the world. The company’s customers operate a fleet of more than 5,100 aircraft supported by 10 service facilities across six countries. It operates aerostructure, assembly and completion facilities in Canada, the United States and Mexico.
Bombardier stock (TSX:BBD.A) is up by 2.64 per cent trading at C$78.12 per share as of 10:54 am ET. The stock has added 30.92 per cent year-over-year and 352.87 per cent since 2020.
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(Top photo of Bombardier’s Global 8000 business jet: Bombardier)
