Bombardier shares up after deal for 50 jets valued at US$1.7B
MONTREAL – Shares in Bombardier Inc. were up more than 10 per cent in early trading after announcing a firm order for 50 of its Challenger and Global aircraft combined with a services agreement.
The company valued the deal with the unidentified buyer at a total of US$1.7 billion.
Aircraft deliveries are expected to begin in 2027.
Bombardier also says the buyer, a first-time Bombardier customer, will hold 70 new aircraft purchase options.
The company says if all the purchase options are exercised, the combined aircraft and service agreements’ value would top US$4 billion.
Bombardier shares were up C$15.27 at C$133.91 in trading on the Toronto Stock Exchange.
This report by The Canadian Press was first published July 2, 2025.
Companies in this story: (TSX:BBD.B)