Positive Credit Rating Upgrade from S&P Global Ratings
MONTRÉAL — Bombardier is thrilled to announce that S&P Global Ratings has officially upgraded our credit rating from B+ to BB-. This change reflects our solid financial health and effective strategic management, demonstrating how we’ve successfully executed across various business segments. With our efforts focused on reducing debt, enhancing liquidity, and maintaining a robust performance, this achievement marks a significant milestone in our journey towards sustained growth.
Steady Financial Growth and Future Outlook
Over recent years, Bombardier has shown a consistent upward trajectory thanks to our disciplined financial strategies. We’ve met and surpassed our objectives, carving out a future filled with promise. Our plans are solidly in place, with confidence stemming from our strong backlog that ensures visibility for future deliveries. The diversification of our services, particularly through growth in our Services and Defense sectors, along with our reputable product line, allows us to sustain growth and meet market demands effectively.
Commitment to Excellence and Responsibility
At Bombardier, we attribute our achievements to a relentless focus on what we can control and our dedication to fulfilling our commitments. Moving forward, we are determined to explore new revenue streams, enhance profitability, and strategically invest while prioritizing a return on capital. Our remarkable team has played a pivotal role in realizing these goals, and I extend my sincere gratitude to them for their passion and commitment toward ensuring Bombardier’s ongoing success.
About Bombardier
Bombardier (BBD-B.TO) stands at the forefront of innovation in aviation. We specialize in designing, building, and maintaining high-performance aircraft tailored for the most discerning clientele around the globe, including governments and militaries. Our commitment goes beyond merely meeting standards; we are dedicated to understanding our customers' unspoken needs to deliver exceptional experiences.
Pioneering the Future of Aviation
We are passionate about shaping the future of aviation by innovating to ensure flying becomes more reliable, efficient, and sustainable. Our craftsmanship and attention to detail provide our customers with the confidence and elevated experiences they deserve. The aviation landscape is evolving, and we are excited to lead the way by offering responsible and productive methods for global mobility.
Supported by a Global Network
With over 5,100 aircraft in operation, Bombardier boasts a vast international support network with dedicated team members and service facilities located across various countries. Our high-performance jets are manufactured in Canada, the U.S., and Mexico, reinforcing our reputation for excellence in the aerospace industry. In recent recognition, Bombardier was awarded the prestigious “Red Dot: Best of the Best” award for brands and communication design in 2024, underscoring our design innovation.
Corporate Responsibility and Sustainability Initiatives
We are committed to a sustainable future. Bombardier is actively integrating Sustainable Aviation Fuel (SAF) within our operations, utilizing the Book-and-Claim system to minimize our environmental footprint. We invite you to discover more about our Sustainability report and initiatives designed to enhance our commitment toward a greener aviation industry.
Contacting Bombardier
For further updates about Bombardier or inquiries regarding our innovative products and customer service network, we encourage you to reach out via our corporate news channel. Follow us on X @Bombardier for the latest developments.
Media Contact Information
For media inquiries, please utilize the general media contact webform on our website. Francis Richer de La Flèche, Vice President of Financial Planning and Investor Relations, is also available at +1 514 240-9649 or Mark Masluch, Senior Director of Communications, at +1 514 855-7167.
Frequently Asked Questions
What is Bombardier's latest credit rating?
Bombardier's credit rating has been upgraded by S&P Global Ratings from B+ to BB-.
How does this upgrade impact Bombardier's future?
This upgrade positions Bombardier for enhanced growth opportunities and reflects our financial resilience.
What are Bombardier's main services?
Bombardier designs, builds, and maintains high-performance aircraft for various sectors, including commercial, government, and defense.
What sustainability initiatives is Bombardier pursuing?
Bombardier is focusing on integrating Sustainable Aviation Fuel (SAF) into its operations to reduce environmental impact.
How can I contact Bombardier for more information?
You can reach out via our corporate news channel or contact our media representatives directly.
