Significant Aircraft Order
Bombardier received a firm order for 50 aircraft, contributing to a large backlog increase and a book-to-bill ratio of 2.3.
Strong Defense Segment Performance
Bombardier Defense received an order for 2 Global 6500 jets and announced an MOU for maritime patrol missions with Italy's Leonardo.
Service Revenue Growth
Services revenue reached $590 million, up 16% year-over-year, contributing 29% of total revenue.
Credit Rating Upgrades
Bombardier's credit rating was upgraded by S&P Global to BB- and Moody's outlook changed to positive, reflecting strong earnings and cash flow growth.
Debt Refinancing Success
Successfully refinanced $500 million of senior notes, extending maturities to 2033 and reducing average coupon by 11 basis points.
Record Speed Achievements
The Global 7500 achieved its 135th speed record, owning the most city pair speed records of any business jet type.