Canada has now formalized its intent to impose a “Luxury Tax” on new “personal aircraft” for new aircraft sold in the country. The tax proposal was in Justin Trudeau’s Liberal government budget and could add tens of thousands of dollars…
Bombardier announced the delivery of the 50th Global 7500 today, following a successful production ramp-up in 2020. The company delivered 35 Global 7500s in 2020, including 16 in the fourth quarter, and expects continued growth in deliveries with the positive…
Bombardier provided forward-looking financial guidance to investors earlier today, and the company is planning a turnaround in its fiscal health by 2025. Revenues are projected to grow from $5.6B in 2020 to $7.5B in 2025, with an EBITDA of $1.5B…
Bombardier and James Bond’s favorite automaker, Aston Martin, have announced a collaboration to create “the Ultimate Convergence in Performance and Style” with business aircraft interior design. The companies plan to offer custom design services for Bombardier’s family of business jets…
Bombardier announced an order for 10 Challenger 350 super-midsize aircraft yesterday from an undisclosed customer, representing one of the largest business jet orders in 2020. This major order for new aircraft is indicative of the recovery currently occurring in the…
Last month, we talked about Africa offering a strong opportunity for the turboprop market . Now, we’ll do the same analysis for the Latin American region. As we can see in the following table, the turboprop commercial fleet is less…