- Bombardier broke more than 30 speed records with its new Global 7500 as it develops the next generation of business aircraft.
- The Global 7500 business jet fleet has surpassed more than 100,000 flying hours and has accomplished more than 165 deliveries
- With a top speed of Mach 0.925 and a range of 7,700 nautical miles (14,260 kilometres), the Global 7500 business aircraft continues to push the boundaries of business travel
- Bombardier (TSX:BBD.A) stock last traded at C$59.68 per share
Bombardier (TSX:BBD.A) broke more than 30 speed records with its new Global 7500 as it develops the next generation of business aircraft.
The most recent record-setting flights include travelling from Farnborough in Hampshire, England to Muharraq, Bahrain, on Feb. 28 and Phoenix, Arizona, to Paris, France, on March 6.
The Global 7500 business jet fleet has surpassed more than 100,000 flying hours and has accomplished more than 165 deliveries.
With a top speed of Mach 0.925 and a range of 7,700 nautical miles (14,260 kilometres), the Global 7500 business aircraft continues to push the boundaries of business travel. Business jets fly at higher altitudes, which means less traffic and better conditions.
Its Smooth FlexWing design generates greater lift on takeoff and approach, maximizing aerodynamic efficiency and boosting performance while reducing fuel burn and lowering emissions.
The Global 7500 also set more than 20 new flight records in the fall of 2023, including routes from Singapore to Anchorage, Alaska, and Montreal to Geneva, Switzerland.
These records are still pending approval by the FAI, the World Air Sport Federation as the Global 7500 aircraft are actively flying worldwide on customer and demonstrations missions.
The closest comparable business jet still in service is the Gulfstream G500-G700 series, which has a range of 7,000 nautical miles (13,000 km) at a top speed of Mach 0.925.
The Canadian business jet manufacturer debuted its Global 7500 aircraft at the Singapore Airshow back in February and boasted its longest-range flight in business aviation, with more than 8,225 nautical miles (15,232 km) flown.
“The Global 7500 aircraft is in a class by itself when it comes to performance – an immaculate business jet that was made to set and shatter records,” Jean-Christophe Gallagher, executive vice president of aircraft sales and Bombardier Defense, said in a statement. “With its impeccable design attributes and technological advancements, the Global 7500 aircraft offers customers precisely what they need to enhance their operations – unmatched reliability, productivity and style.”
Bombardier is developing its Global 8000 aircraft and the program is progressing to plan. 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 aircraft are also deployed in defence roles across the globe.
Bombardier stock (TSX:BBD.A) last traded at C$59.68 per share and is down 6.15 per cent since this time last year, but it has risen 2,093.01 per cent since 2019.
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