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Bombardier tops profit estimates on higher private jet usage, repair demand

Bombardier said adjusted earnings rose to US$1.81 per share as it delivered 24 aircraft and ended the quarter with a US$20.3 billion backlog.

  • On Thursday, April 30, 2026, Bombardier Inc. reported a first-quarter profit of US$53 million, with revenue rising 5% to US$1.6 billion, beating Wall Street estimates.
  • Bombardier generated US$360 million in free cash flow, its strongest first-quarter performance in nearly two decades, driven by 25% growth in service revenue to US$617 million.
  • The company delivered 24 aircraft this quarter and secured a major order from private aviation operator Vista for 40 Challenger 3500 jets, supporting plans to deliver more than 157 jets in 2026.
  • CEO Eric Martel said the company is pursuing defense expansion, including potential talks with Swedish partner Saab to replace NATO AWACS aircraft, which could involve 10 to 12 jets.
  • Reflecting strong market demand, Bombardier raised its full-year 2026 free cash flow forecast to more than US$1 billion. Martel noted, "Despite everything going on right now, the war with Iran and Ukraine, we still see growth in flight hours.
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The Hamilton Spectator broke the news in Hamilton, Canada on Thursday, April 30, 2026.
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