Latest news with #ÉricMartel
The Market Online
a day ago
- Business
- The Market Online
Bombardier kicks off milestone delivery to Saudi Arabia
Bombardier (TSX:BBD.A) began deliveries of three Challenger 3500 aircraft to airline company Aloula Aviation in Saudi Arabia, marking the model's first registration in the Middle Eastern country Bombardier designs, builds, modifies and maintains a line of jets for individuals, businesses, governments and militaries around the world Bombardier stock has added 23.21 per cent year-over-year and 556.25 per cent since 2020 Bombardier (TSX:BBD.A) began deliveries of three Challenger 3500 aircraft to airline company Aloula Aviation in Saudi Arabia, marking the model's first registration in the Middle Eastern country. The Challenger 3500 offers a maximum range of 6,297 kilometres and a maximum speed of 882 km/h, allowing it to complete non-stop flights from Saudi Arabia to Paris, Geneva and New Delhi. Passengers also benefit from industry-leading reliability and the widest cabin in the super midsize class, 'making it a judicious addition to Aloula Aviation's fleet,' according to Thursday's news release. Khalid Hassan Alnatour, CEO of Aloula Aviation, and Éric Martel, president and CEO of Bombardier. (Source: Bombardier) Aloula, established in 1934, is Saudi Arabia's first aviation company and the second in the Middle East. The company operates more than 60 aircraft across a variety of industries, serving 18 airports throughout Saudi Arabia – nine of which Aloula fully operates – in addition to more than 300 helipads, both on and offshore. The delivery follows S&P Global's upgrade to Bombardier's credit rating and a new speed record for the jet maker's Global 7500 aircraft, both announced earlier this week. Leadership insights 'The business jet market in the Middle East is thriving and we are witnessing a significant increase in demand for super midsize aircraft, particularly for travel within the region and to Europe,' Éric Martel, Bombardier's president and chief executive officer (CEO), said in a statement. 'As the undisputed market leader in this segment, the Challenger 3500 is perfectly positioned to meet the needs of clients such as Aloula Aviation, as well as our growing client base in Saudi Arabia and the broader Middle East. Bombardier and Aloula Aviation both share an unwavering commitment to excellence, and the Challenger 3500 will surpass their expectations on every front. As Saudi Arabia continues its bold path laid out in the Vision 2030 plan, we are proud to support Aloula Aviation with this significant addition to their fleet and the region's growing aviation hub.' 'The Challenger 3500 aircraft represents the pinnacle of innovation, comfort and performance, perfectly aligning with our commitment to provide the best travel experience,' added Khalid Hassan Alnatour, CEO of Aloula Aviation. 'As we begin the delivery of the three Challenger 3500 aircraft that will join our fleet, we look forward to the many opportunities these jets will bring to our operations.' About Bombardier Bombardier designs, builds, modifies and maintains a line of jets for individuals, businesses, governments and militaries around the world. Its customers operate a fleet of more than 5,100 aircraft supported by 10 service facilities across six countries. The company operates aerostructure, assembly and completion facilities in Canada, the United States and Mexico. Bombardier stock (TSX:BBD.A) last traded at C$106.64. The stock has added 23.21 per cent year-over-year and 556.25 per cent since 2020. Join the discussion: Find out what everybody's saying about this private jet company's first aircraft registration in Saudi Arabia on the Bombardier Inc. Bullboard and check out the rest of Stockhouse's stock forums and message boards. The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.
Globe and Mail
a day ago
- Business
- Globe and Mail
Bombardier Begins Landmark Deliveries of Three Challenger 3500 Aircraft to Aloula Aviation
Delivery marks the first Challenger 3500 aircraft registered in Saudi Arabia, highlighting the global success of this renowned aircraft The best-selling Challenger 3500 business jet is ideally suited for customers in Saudi Arabia with its remarkable performance capabilities, superior runway efficiency and reliability PARIS, June 19, 2025 (GLOBE NEWSWIRE) -- Bombardier is proud to announce the commencement of deliveries of three state-of-the-art Challenger 3500 aircraft to airline company Aloula Aviation based in Saudi Arabia. Aloula Aviation will be receiving the first Challenger 3500 aircraft to be registered in Saudi Arabia. The best-selling aircraft was chosen for its spacious cabin, outstanding range and renowned reliability, making it a judicious addition to Aloula Aviation's fleet. 'The business jet market in the Middle East is thriving, and we are witnessing a significant increase in demand for super midsize aircraft, particularly for travel within the region and to Europe. As the undisputed market leader in this segment, the Challenger 3500 is perfectly positioned to meet the needs of clients such as Aloula Aviation, as well as our growing client base in Saudi Arabia and the broader Middle East,' said Éric Martel, President and Chief Executive Officer, Bombardier. 'Bombardier and Aloula Aviation both share an unwavering commitment to excellence, and the Challenger 3500 will surpass their expectations on every front. As Saudi Arabia continues its bold path laid out in the Vision 2030 plan, we are proud to support Aloula Aviation with this significant addition to their fleet, and the region's growing aviation hub.' 'The Challenger 3500 aircraft represents the pinnacle of innovation, comfort and performance, perfectly aligning with our commitment to provide the best travel experience,' commented Khalid Hassan Alnatour, Chief Executive Officer, Aloula Aviation. 'As we begin the delivery of the three Challenger 3500 aircraft that will join our fleet, we look forward to the many opportunities these jets will bring to our operations.' The Bombardier Challenger 3500 aircraft is renowned for its ultimate combination of speed, range and comfort, offering the widest cabin in its class. With its impressive performance and Bombardier's signature smooth ride, the Challenger 3500 is ideally suited for the Middle East market. From Saudi Arabia, it can effortlessly complete non-stop flights to destinations such as Paris, Geneva and New Delhi, further showcasing its remarkable capabilities. The Challenger 3500 offers industry-leading reliability and the ability to operate in diverse and challenging environments, making it a perfect choice for the region. About Bombardier At Bombardier ( we design, build, modify and maintain the world's best-performing aircraft for the world's most discerning people and businesses, governments and militaries. That means not simply exceeding standards, but understanding customers well enough to anticipate their unspoken needs. For them, we are committed to pioneering the future of aviation—innovating to make flying more reliable, efficient and sustainable. And we are passionate about delivering unrivaled craftsmanship and care, giving our customers greater confidence and the elevated experience they deserve and expect. Because people who shape the world will always need the most productive and responsible ways to move through it. Bombardier customers operate a fleet of more than 5,100 aircraft, supported by a vast network of Bombardier team members worldwide and 10 service facilities across six countries. Bombardier's performance-leading jets are proudly manufactured in aerostructure, assembly and completion facilities in Canada, the United States and Mexico. In 2024, Bombardier was honoured with the prestigious 'Red Dot: Best of the Best' award for Brands and Communication Design. For Information For corporate news and information, including Bombardier's Sustainability report, as well as the company's initiative to cover all its flight operations with a Sustainable Aviation Fuel (SAF) blend utilizing the Book-and-Claim system visit Learn more about Bombardier's industry-leading products and customer service network at Follow us on X @Bombardier. Bombardier, Challenger and Challenger 3500 are registered or unregistered trademarks of Bombardier Inc. or its subsidiaries.
Yahoo
a day ago
- Business
- Yahoo
Bombardier Begins Landmark Deliveries of Three Challenger 3500 Aircraft to Aloula Aviation
Delivery marks the first Challenger 3500 aircraft registered in Saudi Arabia, highlighting the global success of this renowned aircraft The best-selling Challenger 3500 business jet is ideally suited for customers in Saudi Arabia with its remarkable performance capabilities, superior runway efficiency and reliability PARIS, June 19, 2025 (GLOBE NEWSWIRE) -- Bombardier is proud to announce the commencement of deliveries of three state-of-the-art Challenger 3500 aircraft to airline company Aloula Aviation based in Saudi Arabia. Aloula Aviation will be receiving the first Challenger 3500 aircraft to be registered in Saudi Arabia. The best-selling aircraft was chosen for its spacious cabin, outstanding range and renowned reliability, making it a judicious addition to Aloula Aviation's fleet. 'The business jet market in the Middle East is thriving, and we are witnessing a significant increase in demand for super midsize aircraft, particularly for travel within the region and to Europe. As the undisputed market leader in this segment, the Challenger 3500 is perfectly positioned to meet the needs of clients such as Aloula Aviation, as well as our growing client base in Saudi Arabia and the broader Middle East,' said Éric Martel, President and Chief Executive Officer, Bombardier. 'Bombardier and Aloula Aviation both share an unwavering commitment to excellence, and the Challenger 3500 will surpass their expectations on every front. As Saudi Arabia continues its bold path laid out in the Vision 2030 plan, we are proud to support Aloula Aviation with this significant addition to their fleet, and the region's growing aviation hub.' 'The Challenger 3500 aircraft represents the pinnacle of innovation, comfort and performance, perfectly aligning with our commitment to provide the best travel experience,' commented Khalid Hassan Alnatour, Chief Executive Officer, Aloula Aviation. 'As we begin the delivery of the three Challenger 3500 aircraft that will join our fleet, we look forward to the many opportunities these jets will bring to our operations.' The Bombardier Challenger 3500 aircraft is renowned for its ultimate combination of speed, range and comfort, offering the widest cabin in its class. With its impressive performance and Bombardier's signature smooth ride, the Challenger 3500 is ideally suited for the Middle East market. From Saudi Arabia, it can effortlessly complete non-stop flights to destinations such as Paris, Geneva and New Delhi, further showcasing its remarkable capabilities. The Challenger 3500 offers industry-leading reliability and the ability to operate in diverse and challenging environments, making it a perfect choice for the Bombardier At Bombardier ( we design, build, modify and maintain the world's best-performing aircraft for the world's most discerning people and businesses, governments and militaries. That means not simply exceeding standards, but understanding customers well enough to anticipate their unspoken needs. For them, we are committed to pioneering the future of aviation—innovating to make flying more reliable, efficient and sustainable. And we are passionate about delivering unrivaled craftsmanship and care, giving our customers greater confidence and the elevated experience they deserve and expect. Because people who shape the world will always need the most productive and responsible ways to move through it. Bombardier customers operate a fleet of more than 5,100 aircraft, supported by a vast network of Bombardier team members worldwide and 10 service facilities across six countries. Bombardier's performance-leading jets are proudly manufactured in aerostructure, assembly and completion facilities in Canada, the United States and Mexico. In 2024, Bombardier was honoured with the prestigious 'Red Dot: Best of the Best' award for Brands and Communication Design. For Information For corporate news and information, including Bombardier's Sustainability report, as well as the company's initiative to cover all its flight operations with a Sustainable Aviation Fuel (SAF) blend utilizing the Book-and-Claim system visit Learn more about Bombardier's industry-leading products and customer service network at Follow us on X @Bombardier. Media Contacts General media contact webform Christina Lemyre McCraw +1-514-497-4928 Bombardier, Challenger and Challenger 3500 are registered or unregistered trademarks of Bombardier Inc. or its subsidiaries. Photos accompanying this announcement are available at: in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Associated Press
4 days ago
- Business
- Associated Press
Bombardier's Record-Setting Global 7500 Aircraft Earns New Speed Record Between Montréal and Paris
PARIS, June 16, 2025 (GLOBE NEWSWIRE) -- Bombardier is proud to announce that its flagship aircraft, the Global 7500, has set a new speed record on a mission departing from Pierre Elliott Trudeau International Airport in Montreal, and landing at Paris-Le Bourget Airport. The Global 7500, renowned for its unparalleled capabilities, logged another record with a top speed of over 1,000 km/hr during its flight to Paris and completed the record in 5 hours and 30 minutes. This accomplishment comes as the Bombardier team is gearing up to host customers at the International Paris Air Show, with the company's presence anchored by Bombardier Defense. 'The Global 7500 performs at the highest levels across the board, in real-world situations. Bombardier takes great pride in completing meaningful speed records, like this latest one, during regular day-to-day operations with passengers, baggage and cargo, setting it apart from peers,' said Éric Martel, President and CEO of Bombardier. 'As we are getting ready for the entry into service of the Global 8000 aircraft later this year, the Global 7500 aircraft keeps demonstrating its superiority on all fronts, from its signature smooth ride to its industry-leading performance and landing capabilities.' Bombardier has a proud history of setting speed records with the Global 7500. Only a few weeks ago, the Global 7500 reclaimed the speed record from Paris to Montreal, completing the flight in less than 6 hours. Previous achievements include breaking the record for the longest mission ever flown by a purpose-built business jet, covering 8,225 nautical miles non-stop from Sydney to Detroit. These milestones underscore Bombardier's commitment to innovation and excellence in aviation. Designed with the needs of business travelers in mind, the Global 7500 offers maximum range of 7,700 nautical miles and is designed to offer unmatched long-haul travel capabilities. It boasts a spacious and refined cabin that can be customized to suit the preferences and needs of each customer. The aircraft features four distinct living spaces, including a full-size kitchen, providing the ultimate comfort and convenience. Its state-of-the-art connectivity options and ergonomic seating make it an ideal environment for productivity and relaxation, ensuring that passengers arrive at their destination refreshed and ready to take on their business endeavors. About Bombardier At Bombardier ( we design, build, modify and maintain the world's best-performing aircraft for the world's most discerning people and businesses, governments and militaries. That means not simply exceeding standards, but understanding customers well enough to anticipate their unspoken needs. For them, we are committed to pioneering the future of aviation—innovating to make flying more reliable, efficient and sustainable. And we are passionate about delivering unrivaled craftsmanship and care, giving our customers greater confidence and the elevated experience they deserve and expect. Because people who shape the world will always need the most productive and responsible ways to move through it. Bombardier customers operate a fleet of more than 5,100 aircraft, supported by a vast network of Bombardier team members worldwide and 10 service facilities across six countries. Bombardier's performance-leading jets are proudly manufactured in aerostructure, assembly and completion facilities in Canada, the United States and Mexico. In 2024, Bombardier was honoured with the prestigious 'Red Dot: Best of the Best' award for Brands and Communication Design. For Information For corporate news and information, including Bombardier's Sustainability report, as well as the company's initiative to cover all its flight operations with a Sustainable Aviation Fuel (SAF) blend utilizing the Book-and-Claim system visit Learn more about Bombardier's industry-leading products and customer service network at Follow us on X @Bombardier. Media Contacts General media contact webform Christina Lemyre McCraw +1-514-497-4928 [email protected] Bombardier, Global, Global 7500 and Global 8000 are registered or unregistered trademarks of Bombardier Inc. or its subsidiaries. A photo accompanying this announcement is available at
Hamilton Spectator
5 days ago
- Business
- Hamilton Spectator
Bombardier's Record-Setting Global 7500 Aircraft Earns New Speed Record Between Montréal and Paris
PARIS, June 16, 2025 (GLOBE NEWSWIRE) — Bombardier is proud to announce that its flagship aircraft, the Global 7500 , has set a new speed record on a mission departing from Pierre Elliott Trudeau International Airport in Montreal, and landing at Paris-Le Bourget Airport. The Global 7500 , renowned for its unparalleled capabilities, logged another record with a top speed of over 1,000 km/hr during its flight to Paris and completed the record in 5 hours and 30 minutes. This accomplishment comes as the Bombardier team is gearing up to host customers at the International Paris Air Show, with the company's presence anchored by Bombardier Defense. 'The Global 7500 performs at the highest levels across the board, in real-world situations. Bombardier takes great pride in completing meaningful speed records, like this latest one, during regular day-to-day operations with passengers, baggage and cargo, setting it apart from peers,' said Éric Martel, President and CEO of Bombardier. 'As we are getting ready for the entry into service of the Global 8000 aircraft later this year, the Global 7500 aircraft keeps demonstrating its superiority on all fronts, from its signature smooth ride to its industry-leading performance and landing capabilities.' Bombardier has a proud history of setting speed records with the Global 7500 . Only a few weeks ago, the Global 7500 reclaimed the speed record from Paris to Montreal, completing the flight in less than 6 hours. Previous achievements include breaking the record for the longest mission ever flown by a purpose-built business jet, covering 8,225 nautical miles non-stop from Sydney to Detroit. These milestones underscore Bombardier's commitment to innovation and excellence in aviation. Designed with the needs of business travelers in mind, the Global 7500 offers maximum range of 7,700 nautical miles and is designed to offer unmatched long-haul travel capabilities. It boasts a spacious and refined cabin that can be customized to suit the preferences and needs of each customer. The aircraft features four distinct living spaces, including a full-size kitchen, providing the ultimate comfort and convenience. Its state-of-the-art connectivity options and ergonomic seating make it an ideal environment for productivity and relaxation, ensuring that passengers arrive at their destination refreshed and ready to take on their business endeavors. About Bombardier At Bombardier ( we design, build, modify and maintain the world's best-performing aircraft for the world's most discerning people and businesses, governments and militaries. That means not simply exceeding standards, but understanding customers well enough to anticipate their unspoken needs. For them, we are committed to pioneering the future of aviation—innovating to make flying more reliable, efficient and sustainable. And we are passionate about delivering unrivaled craftsmanship and care, giving our customers greater confidence and the elevated experience they deserve and expect. Because people who shape the world will always need the most productive and responsible ways to move through it. Bombardier customers operate a fleet of more than 5,100 aircraft, supported by a vast network of Bombardier team members worldwide and 10 service facilities across six countries. Bombardier's performance-leading jets are proudly manufactured in aerostructure, assembly and completion facilities in Canada, the United States and Mexico. In 2024, Bombardier was honoured with the prestigious 'Red Dot: Best of the Best' award for Brands and Communication Design. For Information For corporate news and information, including Bombardier's Sustainability report, as well as the company's initiative to cover all its flight operations with a Sustainable Aviation Fuel (SAF) blend utilizing the Book-and-Claim system visit . Learn more about Bombardier's industry-leading products and customer service network at . Follow us on X @Bombardier. Media Contacts General media contact webform Christina Lemyre McCraw +1-514-497-4928 Bombardier, Global, Global 7500 and Global 8000 are registered or unregistered trademarks of Bombardier Inc. or its subsidiaries. A photo accompanying this announcement is available at
