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Bart Demosky

Global 7500

Moody’s upgrades Bombardier’s credit rating to Ba2

news
Fayaz Hussain
19 Aug 26
0

Moody’s Ratings upgraded Bombardier Inc.’s corporate family rating to Ba2 from Ba3. Bombardier’s speculative grade liquidity rating remains unchanged at SGL-1, and its outlook remains…

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Vista has ordered 40 Bombardier Challenger 3500 jets.

Bombardier free cash flow swings to $228m as backlog climbs to $21.8bn

news
Fayaz Hussain
3 Aug 26
0

Bombardier second-quarter free cash flow swung to $228m from negative $164m a year earlier. “Revenue grew, EBITDA grew, free cash flow grew, our footprint is…

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Bombardier redeems C$150m in debentures

news
Fayaz Hussain
29 Jun 26
0

Bombardier has completed the redemption of all outstanding C$150m of its 7.35% debentures due 2026, bringing the total debt reduced this year alone to more…

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Bombardier to redeem $750m of 7.50% senior notes due 2029

news
Fayaz Hussain
5 May 26
0

Bombardier has issued a conditional notice of redemption for all its outstanding 7.50% senior notes due 2029, covering an aggregate principal amount of $750m, in…

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Bombardier’s services revenue surges 25% in record-breaking Q1 as backlog hits $20.3bn

news
Fayaz Hussain
5 May 26
0

Canadian business jet manufacturer Bombardier’s services business delivered revenues of $617m in the first quarter of 2026, a 25% year-over-year increase, anchoring a strong start…

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Moody’s upgrades Bombardier to Ba3

news
Fayaz Hussain
4 Dec 25
0

Rating agency Moody’s announced it has upgraded Bombardier’s corporate family rating to Ba3 from B1 with outlook maintained at ‘positive’. “The upgrade reflects Bombardier’s continued…

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Global 7500

Bombardier in ‘excellent position’ as revenues jump 11%

news
Fayaz Hussain
7 Nov 25
0

“Bombardier is in excellent position,” company’s CEO and president Eric Martel started off the earnings call with this statement. The aerospace manufacturer reported a strong…

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‘Heartfelt gratitude’: Bombardier’s Bart Demosky lauds team for rating upgrade

news
Fayaz Hussain
18 Jun 25
0

Bombardier’s executive vice president and chief financial officer Bart Demosky said he is “proud” of the team and their efforts to achieve credit rating upgrade…

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Bombardier 2Q revenue surges 31% on higher aircraft sales

news
Fayaz Hussain
29 Jul 24
0

Canadian aerospace manufacturer Bombardier reported revenue of $2.2bn in the second quarter of 2024, up 31% year-over-year from $1.7bn in the same period last year…

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London's Biggin Hill Airport.

S&P upgrades Bombardier to ‘B+’ from ‘B’ on deleveraging efforts

news
Fayaz Hussain
6 Jun 24
0

Credit ratings agency S&P Global upgraded the Canadian business jet maker Bombardier’s credit rating to ‘B+’ from ‘B’ citing continued progress on reducing debt and…

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Bombardier further reduces debt

news
CJI Expert
21 Mar 23
0

Bombardier has further reduced its debt burden by redeeming $500m of its 7.5% senior notes due in 2025. The OEM has been restructuring its debt…

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