Bombardier Rides Momentum into NBAA Airshow with Mock-up of New Challenger 3500 Business Jet, Launch Customer Announcement

  • Bombardier’s presence at NBAA-BACE offers exceptional experience for visitors
  • In addition to its industry-leading aircraft on display, Bombardier showcases innovation in super mid-size segment with stunning interior mock-up of new Challenger 3500 business jet
  • Customer Service offerings gain steam amid worldwide expansion, including significant growth in the U.S.

LAS VEGAS, Oct. 11, 2021 (GLOBE NEWSWIRE) — Kicking off its first in-person attendance at a major airshow in two years, Bombardier is thrilled to present the stunning interior mock-up of the Challenger 3500 business jet, and honored to announce that the launch customer for this new aircraft is Les Goldberg, Chairman and CEO of Entertainment Technology Partners.

Mr. Goldberg, a long-time Bombardier customer, will join the festivities as Bombardier celebrates its presence at the National Business Aviation Association Convention & Exhibition (NBAA-BACE).

“At Bombardier, we are excited to take part in this important industry event – and especially to be doing so in person, offering a truly special experience in which our guests can interact with our products and meet with us face to face,” said Eric Martel, President and Chief Executive Officer, Bombardier. “And what better way to celebrate our newest business jet than to showcase our beautiful interior mock-up and to be joined by Mr. Goldberg, our Challenger 3500 aircraft launch customer.”

Entertainment Technology Partners is the parent company to a global collection of exceptional brands in the events and entertainment industry.

“I’m overjoyed to be the launch customer for the Challenger 3500 aircraft,” said Mr. Goldberg, who currently owns a Challenger 350 jet. “Reliability is the most important thing to consider when buying an aircraft, and I know the new Challenger will allow me to travel the world to run my business. I’m looking forward to all the improvements that they’ve done to make the plane exceptional.”

The Challenger 3500 aircraft, the newest chapter of the hugely successful Challenger platform, boasts a completely redesigned interior featuring patented Nuage seats, Bombardier’s signature smooth ride, as well as new technology from the cabin to the cockpit. The latest addition to Bombardier’s portfolio is off to a strong start, with a firm order for 20 Challenger 3500 business jets already on the books.

Guests at Bombardier’s static display at Henderson Executive Airport will also have the chance to visit the spacious cabins of the company’s industry-leading business jets, including the flagship Global 7500 aircraft and the best-in-class Global 6500 aircraft.

Meanwhile, Bombardier will showcase its innovative service offerings at the Las Vegas Convention Centre. The company is in the midst of a worldwide service center expansion, including the Miami Opa-Locka Executive Airport, to double its service footprint in Florida. Bombardier representatives will be on hand to discuss many exciting developments in its service offerings, including its new Certified Pre-Owned Aircraft Program, which is generating a high level of interest.

One of the central themes at this year’s NBAA-BACE is sustainability, and Bombardier will once again demonstrate its central role as the industry strives to reduce its environmental footprint.

“As the industry gathers to promote concrete action on sustainability, Bombardier is an important voice,” Mr. Martel said. “We continue to demonstrate our leadership, through initiatives including Environmental Product Declarations, sustainably minded innovations for our new Challenger 3500 aircraft, and a long-standing leadership role in the promotion of Sustainable Aviation Fuel (SAF).”

During this exciting time for business aviation, Bombardier would like to highlight some of its key suppliers. Austria-based FACC manufactures the cabinets and other key cabin components for the Challenger 300-series aircraft such as the sidewalls, headliners, bulkheads and passenger service units. Collins Aerospace provides leading flight deck technology for Challenger and Global platforms.

About Bombardier
Bombardier is a global leader in aviation, creating innovative and game-changing planes. Our products and services provide world-class experiences that set new standards in passenger comfort, energy efficiency, reliability and safety.

Headquartered in Montréal, Canada, Bombardier is present in more than 12 countries including its production/engineering sites and its customer support network. The Corporation supports a worldwide fleet of more than 4,900 aircraft in service with a wide variety of multinational corporations, charter and fractional ownership providers, governments and private individuals. News and information is available at bombardier.com or follow us on Twitter @Bombardier. For more information about our industry-leading business jets, visit the Bombardier Business Aircraft website.

Bombardier, Challenger 350, Challenger 3500, Global 6500, Global 7500 and Nuage are registered or unregistered trademarks of Bombardier Inc. or its subsidiaries.

Bombardier under pressure to ramp up spending on new jets as rivals revamp their fleets

From The Globe and Mail – link to source story

Nicolas Van Praet | Published October 10, 2021

Bombardier president and CEO Eric Martel introduces the new Challenger 3500 in Montreal on Sept. 14, 2021. Pressure is starting to build on Bombardier Inc. to ramp up development spending on new jets as rivals continue to unveil plans for competing aircraft. Paul Chiasson/The Canadian Press

Pressure is starting to build on Bombardier Inc. BBD-A-T to ramp up development spending on new jets as rivals continue to unveil plans for competing aircraft, a situation that raises questions about the Canadian company’s financial targets as it fights to recapture investor interest.

U.S.-based Gulfstream announced last week it would bring two new jets to market – including one, the G400, that aviation analyst Richard Aboulafia said would deliver an instant “knockout punch” against Bombardier’s Challenger 650. That follows disclosure by France’s Dassault Aviation SA DUAVF that it is planning two new large-cabin jets. Competition is only poised to heat up over time with more new products from other manufacturers, including Brazil’s Embraer SA ERJ-N and U.S. giant Textron Aviation TXT-N , according to Scotiabank equity analyst Konark Gupta.

Bombardier shares have fallen in four of the last five trading sessions since the Gulfstream announcement, losing eight per cent overall. They closed Friday at $2.03 on the Toronto Stock Exchange.

“We believe [Bombardier] is now more likely to roll out new models, derivatives or refreshes rather than staying quiet, in order to remain competitive with Gulfstream, Dassault and potentially others,” Mr. Gupta said in a recent research note. The Montreal-based jet maker “could be at risk of losing market share and facing revenue or margin headwinds if it doesn’t invest in new products,” he said.

That means Bombardier’s stated plans to limit capital expenditure at about US$200-million a year over the next several years might not be workable, which in turn would affect its goals for free cash flow, according to the analyst. The company is forecasting that it will turn cash flow positive next year on its way to generating more than US$500-million of free cash by 2025, a target that hinges on limiting spending.

Bombardier chief executive Éric Martel and chief financial officer Bart Demosky are trying to stage a recovery for the Canadian industrial giant that hinges on a slimmed-down business model focused solely on selling and servicing private jets. The company has a lineup of popular planes, such as the all-new Global 7500, that are generating orders, but its still-weak financial position means it does not have the same capacity as some competitors to update older models or develop all-new designs.

“The challenge Bombardier has is they don’t have access to capital at affordable rates,” said aerospace consultant Rolland Vincent, a former Bombardier executive. “But they have a few years. I don’t think they have to do anything right now.”

Bombardier spokeswoman Anna Cristofaro declined to comment when asked whether management sees the capital expenditure forecast as a hard ceiling or if it could be increased as needed. “We’re very proud of our current aircraft offerings, and we’ll continue to bring new and innovative products to the market,” she said via e-mail, adding executives will be able to provide more colour when the company reports third-quarter results later this month.

Over the past three years, Montreal-based Bombardier has announced plans to refresh four separate jet models. The large-cabin Global 5500 and 6500 aircraft were updated to bring them closer in quality and performance to the company’s flagship Global 7500, a US$75-million plane designed from scratch that entered service in late 2018.

A stripped-down version of the Learjet 75 was announced in 2019, although Bombardier has since decided to cease production ofits entire Learjet line. Last month, the company said it would bring to market an improved version of its Challenger 350 aircraft, to be called the Challenger 3500.

Bombardier spent more than US$1-billion to develop the Global 7500, but much less on the other planes, which are not clean-sheet designs but revamped versions of existing aircraft. The company’s methods for refreshing jets (for example, transposing its patented “Nuage” seat technology, first introduced on the 7500, into the other Globals and into the Challenger 3500) has given it a “proven track record to build on for achieving meaningful upgrades at a low cost with less development risk,” Mr. Demosky told industryanalysts last March.

Analysts say the Bombardier jet in most urgent need of a replacement is the Challenger 650, a popular but old jet with a basic airframe design that has not changed since before Bombardier took over the Challenger program with its purchase of Canadair Ltd. from the federal government in 1986. They say that need is even more obvious now that Gulfstream has announced the new G400, which will come to market in 2025.

“The G400 is a major challenge that will require them to think about raising the money” to develop a new competing plane, Mr. Aboulafia said in an interview. “It has to be an all-new plane. You don’t do refreshes of 40-year-old models. … They’re going to lose their market position unless they can do something.”

Bombardier Announces Firm Order for 20 Challenger 3500 Business Jets

  • Demand for Challenger 3500 aircraft accelerates at full throttle with Bombardier’s largest business jet order of 2021
  • With innovative technology, fully redesigned cabin and sustainably minded features, the Challenger 3500 business jet is the stunning evolution of Bombardier’s hugely successful Challenger 350 aircraft

MONTRÉAL, Sept. 30, 2021 (GLOBE NEWSWIRE) — Bombardier is pleased to announce a firm order for 20 Challenger 3500 business jets to a customer who wishes to remain confidential. This is Bombardier’s largest business jet transaction of 2021, representing a value of $534 million U.S., based on current list pricing.

“This significant order comes just days after the unveiling of the Challenger 3500 business jet, quickly reinforcing the supremacy of this platform in the super mid-size market. The new Challenger 3500 aircraft is ideally suited to meet a growing demand for business travel,” said Peter Likoray, Senior Vice President, Sales, New Aircraft, Bombardier. “It offers an unmatched combination of performance, advantageous operating costs, cabin experience, innovation and a smooth ride – the perfect package for fleet operators, corporate flight departments and individual customers, including those looking to enter the business jet market.”

An evolution of the best-selling Challenger 350 aircraft, the Challenger 3500 business jet was unveiled on Sept. 14. This new business jet boasts a redesigned interior featuring the patented Nuage seat, a masterpiece of comfort inherited from Bombardier’s large-cabin Global aircraft. The stunning new passenger spaces offer a host of new technologies, including the industry’s first voice-controlled cabin, wireless chargers throughout the cabin, and the only 24-inch, 4K displays in its class. The altitude in the cabin is 31% lower than that of its predecessor.

In the flight deck, the Challenger 3500 aircraft has more baseline features than any of its competitors, with a standard auto-throttle system to further enhance the experience for Challenger pilots.

The Challenger 3500 aircraft was designed through a sustainable lens and will be the first business jet in the super mid-size segment with an Environmental Product Declaration, an open book on the aircraft’s environmental footprint throughout its entire life cycle. Customers also have the option of furnishing their cabin with high-end sustainable materials. Other sustainably minded initiatives for this aircraft include the introduction of the first eco app* solution in business aviation, and a carbon neutral flight test program.

The Challenger 3500 business jet is expected to enter service in the second half of 2022.

About Bombardier
Bombardier is a global leader in aviation, creating innovative and game-changing planes. Our products and services provide world-class experiences that set new standards in passenger comfort, energy efficiency, reliability and safety.

Headquartered in Montréal, Canada, Bombardier is present in more than 12 countries including its production/engineering sites and its customer support network. The Corporation supports a worldwide fleet of more than 4,900 aircraft in service with a wide variety of multinational corporations, charter and fractional ownership providers, governments and private individuals.

News and information is available at bombardier.com or follow us on Twitter @Bombardier. For more information about our industry-leading business jets, visit the Bombardier Business Aircraft website.

Bombardier’s Flagship Global 7500 and Best-selling Challenger 350 Business Jets on Display in Europe

  • Guests have the chance to step aboard Bombardier’s two most renowned aircraft, which offer an unparalleled combination of cabin experience and performance
  • Showcase includes stops in Germany, Spain and Sweden
  • As part of Bombardier’s long-standing commitment to sustainability, jets are touring using Sustainable Aviation Fuel (SAF)

MONTRÉAL, Sept. 28, 2021 (GLOBE NEWSWIRE) — Bombardier is pleased to announce that two of its leading business jets, the industry flagship Global 7500 aircraft and the super mid-size market leader Challenger 350 aircraft, are on a tour of several European countries.

The showcase has begun in Germany and will include stops in the Netherlands, Belgium, Spain and Denmark before wrapping up in Sweden on October 5.

“As interest in business aviation grows in Europe and all over the world, it’s important for customers to see first-hand how the cabins and attention to detail aboard Bombardier jets set themselves apart,” said Emmanuel Bornand, Regional Vice President of Sales, Europe, Middle East and Africa, Bombardier. “We’re so pleased to create this distinctive experience for our guests.”

The Global 7500 aircraft created a new space at the upper end of the business jet spectrum since its entry-into-service, with the 100th aircraft already being manufactured. This unparalleled business jet offers four true living areas, including a master suite with a full-size bed, and Bombardier’s patented Nuage seating collection for the ultimate comfort on long flights. Its industry-leading range of 7,700 nautical miles (14,260 kilometres) means passengers can fly nonstop from Western Europe to virtually anywhere on the planet, including Bali, Tokyo and Honolulu. The Global 7500 aircraft’s steep approach capabilities allow it to access London City and a variety of challenging airfields – and to fly out of these airports with excellent range.

The Challenger 350 aircraft is the industry’s best-selling super mid-size jet for seven years running, thanks to its performance, reliability and advantageous operating costs, not to mention its best-in-class cabin experience and smooth ride. This tour will provide an occasion for guests to learn more about the future of this renowned business jet, which will soon be evolving into the Challenger 3500 aircraft, entering service in the second half of 2022. This aircraft will have a brand-new interior and a host of innovations and was proudly designed through a sustainable lens.

Bombardier’s commitment to sustainability is also on display during this tour, as the Challenger 350 and Global 7500 aircraft are travelling through Europe on Sustainable Aviation Fuel (SAF), refined by Neste. Bombardier is a longtime proponent of the widespread adoption and availability of this fuel as an effective tool toward the industry’s goal to minimize its carbon footprint.

Visits to the aircraft are by appointment, and guests are required to follow COVID-19 protocols in place.

About Bombardier
Bombardier is a global leader in aviation, creating innovative and game-changing planes. Our products and services provide world-class experiences that set new standards in passenger comfort, energy efficiency, reliability and safety.

Headquartered in Montréal, Canada, Bombardier is present in more than 12 countries including its production/engineering sites and its customer support network. The Corporation supports a worldwide fleet of more than 4,900 aircraft in service with a wide variety of multinational corporations, charter and fractional ownership providers, governments and private individuals.

BombardierChallenger 350Challenger 3500, Global, Global 7500 and Nuage are registered or unregistered trademarks of Bombardier Inc. or its subsidiaries.

Bombardier Proudly Introduces the New Challenger 3500 Aircraft, the Industry’s Best Super Mid-size Business Jet

  • New aircraft offers innovative technology features from cockpit to cabin that further define Challenger’s leadership status
  • Fully redesigned Challenger 3500 aircraft cabin introduces Bombardier’s revolutionary Nuage seat and has a lower cabin altitude
  • Newest member of the renowned Challenger family is designed through a sustainable lens in line with Bombardier’s environmental objectives
  • Entry-into-service is expected in the second half of 2022

MONTRÉAL, Sept. 14, 2021 (GLOBE NEWSWIRE) — Bombardier is proud to present the industry’s best super mid-size business jet, the new sustainably designed Challenger 3500 aircraft. The latest evolution of Bombardier’s hugely successful Challenger platform was introduced to the market today during an exclusive celebration in Montréal, Canada, and through a worldwide virtual launch.

The next-generation Challenger 3500 aircraft, the evolution of the Challenger 350 aircraft, introduces a redesigned interior with intelligent and sustainably minded cabin features crafted to combine comfort with function. Further elevating the passenger experience, Bombardier’s exclusive and patented Nuage seat is included in the aircraft’s standard configuration – the first time a seat of this calibre is available in the super mid-size segment. As part of an overall focus on passenger wellness, this new business jet will provide a reduced cabin altitude of 4,850 ft at 41,000 ft, representing a 31% improvement compared to its predecessor.

The Challenger 3500 aircraft also introduces several innovative technological features, such as the industry’s first voice-controlled cabin to manage lighting, temperature and entertainment systems, the first wireless chargers throughout the cabin and the only 24-inch, 4K display in its class. In the cockpit, Bombardier introduces a standard-equipped autothrottle system to the Challenger 3500 flight deck, which offers the most baseline features in its class. This new business jet is expected to enter service in the second half of 2022.

“We are thrilled to launch a business jet that features all the best-selling elements of the Challenger platform – impressive performance, consistent reliability, exceptional smooth ride – while elevating the cabin experience for our customers,” said Éric Martel, President and Chief Executive Officer, Bombardier. “Building on the success of the unrivalled Global 7500 business jet cabin, the Challenger 3500 aircraft prioritizes what our customers value most: a truly exceptional cabin experience.”

As Bombardier once again raises the bar for business jet excellence, the company continues to rely on a rich pool of talented suppliers around the world, including FACC operating in Austria and in Laval, Canada, which manufactures the cabinets and other key cabin components for the Challenger 3500 business jet such as the sidewalls, headliners, bulkheads and passenger service units.  

The latest Challenger aircraft was also designed through a sustainable lens. Following Bombardier’s recent groundwork on making the Global 7500 aircraft the first business jet ever to receive an Environmental Product Declaration (EPD), the Challenger 3500 aircraft will be the first business jet in the super mid-size segment to have an EPD. In addition to this important declaration of the aircraft’s life cycle environmental footprint, other environmentally conscious initiatives include the option for customers to choose from a selection of high-end sustainable materials for the cabin.

Another sustainable initiative is the introduction of the first eco app* solution in business aviation. The eco app is developed by SITA, a leading specialist in air transport communications and information technology, using its existing eWAS Pilot with OptiFlight® solution. The innovative tool is designed to specifically optimize flight plans and reduce fuel burn, further decreasing the aircraft’s environmental footprint.

In line with Bombardier’s environmental objectives, the Challenger 3500 flight test program is using an innovative sustainability approach designed by World Fuel Services. The solution removes some of the carbon emissions from the fuel of the test flights by using book-and-claim Sustainable Aviation Fuel (SAF) purchases and then attains carbon neutrality by retiring offsets to balance the remaining carbon emissions from the jet fuel.

The new Challenger 3500 business jet is the latest example of Bombardier’s innovative spirit and approach to continuous improvement. Like its predecessor, the Challenger 3500 business jet is expected to have a strong market presence worldwide and will be a significant economic driver in North America.

About Bombardier
Bombardier is a global leader in aviation, creating innovative and game-changing planes. Our products and services provide world-class experiences that set new standards in passenger comfort, energy efficiency, reliability and safety.

Headquartered in Montréal, Canada, Bombardier is present in more than 12 countries including its production/engineering sites and its customer support network. The Corporation supports a worldwide fleet of more than 4,900 aircraft in service with a wide variety of multinational corporations, charter and fractional ownership providers, governments and private individuals.

Bombardier, Challenger, Challenger 350, Challenger 3500, Global 7500 and Nuage are unregistered or registered trademarks of Bombardier Inc. or its subsidiaries.

*Subject to availability. Subscription fees may apply. eWAS Pilot with OptiFlight® is a solution from SITA.