Bombardier free cash turns positive on private jet order boom but fewer deliveries hit shares
Strong private jet demand helped drive $228 million in free cash flow, while Bombardier’s order backlog rose $4.3 billion from December.
- On Thursday, Montreal-based Bombardier reported positive free cash flow of $228 million for the second quarter, reversing cash burn a year earlier. Quarterly revenue reached $2.15 billion while the order backlog climbed to $21.8 billion.
- Strong demand for private jets expanded the backlog by $4.3 billion since December-end. CEO Eric Martel and finance chief Bart Demosky focused on selling and servicing jets for commercial and military applications, boosting the aftermarket services unit.
- Adjusted quarterly profits reached $257 million, or $2.50 per share, far exceeding analyst estimates. Bombardier delivered 32 business jets during the quarter, down from 36 planes a year earlier due to lingering supply chain constraints.
- Long-Term debt fell to its lowest level in more than 15 years, with no maturities until late 2030. The company's market capitalization topped $36 billion after a stock rally over the past year.
- Management remains on track to meet annual guidance of more than 157 aircraft deliveries in 2026. National Bank analyst Cameron Doerksen noted this month that valuation appears elevated despite strong defence momentum.
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16 Articles
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Bombardier CEO mulls mergers as business jet demand surges, debt recedes
Bombardier Inc. CEO Éric Martel is starting to eye acquisitions in aircraft services and defence, as demand for its business jets continues to boom and a once-towering debt load comes back to earth. Second-quarter revenue rose six per cent year-over-year to US$2.15 billion, the Montreal-based...
Bombardier order backlog jumps by $4.3B
Bombardier’s order backlog climbed to $21.8 billion during the first half of 2026 as demand for its Challenger and Global business jets continued to outpace deliveries. The backlog increased by $4.3 billion from the end of 2025, when it stood at $17.5 billion. It also rose from $20.3 billion at the end of the first quarter. Bombardier recorded 1.5 new aircraft orders for every jet it delivered during the second quarter of 2026, showing that orde…
Bombardier free cash flow swings to positive on stronger private jet orders
Bombardier continued to improve its profitability during the months of April, May and June, but the private jet manufacturer has been slightly behind in the delivery of aircraft since the beginning of the year.
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