Significant Aircraft Order
Bombardier secured a firm order for 50 aircraft in one transaction, which significantly contributed to the backlog jump and resulted in a unit book-to-bill ratio of 2.3.
Strong Services Revenue Growth
Services revenue reached $590 million, up 16% year-over-year, contributing 29% of total revenue for the quarter.
Growing Backlog
The backlog grew to $16.1 billion, supported by the strong book-to-bill ratio.
Debt Refinancing and Credit Rating Upgrades
Completed $500 million debt refinancing, reducing the average coupon by 11 basis points, and received credit rating upgrades from S&P Global and Moody's.
Global 7500 Achievements
The Global 7500 achieved its 135th speed record, setting the bar for the industry with the most city pair speed records of any business jet type.