Bombardier

FERRETTI GROUP & FLEXJET ANNOUNCE STRATEGIC PARTNERSHIP

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목요일, 5월 30, 2024
Partnership, Gulfstream IV, Ferretti, VIP, UHNWI, Love, Aviation biofuel, Farnborough Airport, Sale, Bombardier, AW169, Carbon, Sikorsky S-76, CRN, Research, Embraer, Sikorsky, Gulfstream G650/G700/G800, ACF, SAF, Red label, Custom Line, Ferretti Group, Airline

Venice, Italy, May 30, 2024 (GLOBE NEWSWIRE) -- In an agreement that connects the pinnacle of luxury from sea to sky, Ferretti Group and Flexjet have announced a contractual partnership.

Key Points: 
  • Venice, Italy, May 30, 2024 (GLOBE NEWSWIRE) -- In an agreement that connects the pinnacle of luxury from sea to sky, Ferretti Group and Flexjet have announced a contractual partnership.
  • The partnership between the two world-leading luxury brands will provide combined, exclusive solutions to their audience of global Ultra-High Net Worth Individuals (UHNWIs).
  • Alberto Galassi, Ferretti Group CEO, said: “People who love cruising on Ferretti Group yachts expect standards of absolute excellence when they fly too, which is why I’m so pleased to associate our name with Flexjet, a partner that shares our same passion and desire to offer customers an increasingly rewarding experience.
  • In Europe, Flexjet offers shared ownership of its premium fleet of business jets, including the Embraer Praetor 600 and Gulfstream G650.

Bombardier announces that it intends to vigorously defend itself after the Superior Court of Québec authorized the institution of a previously disclosed securities class action for persons who purchased securities from August 2, 2018 to November 8, 2018

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월요일, 5월 27, 2024
Bombardier Inc., Superior court, Failure, Bombardier, Person, Court, Disclosure, Plaintiff

MONTRÉAL, May 27, 2024 (GLOBE NEWSWIRE) -- Bombardier Inc. (“Bombardier” or “Company”) announced that it intends to vigorously defend itself in a class action, which the Superior Court of Québec has authorized Plaintiff Denis Gauthier to institute for damages against it under the Québec Securities Act (the “Authorization Decision”).

Key Points: 
  • MONTRÉAL, May 27, 2024 (GLOBE NEWSWIRE) -- Bombardier Inc. (“Bombardier” or “Company”) announced that it intends to vigorously defend itself in a class action, which the Superior Court of Québec has authorized Plaintiff Denis Gauthier to institute for damages against it under the Québec Securities Act (the “Authorization Decision”).
  • Bombardier and the individual defendants deny any wrongdoing.
  • The Court has not yet heard or ruled on the merits of the allegations underpinning this class action and Bombardier is currently reviewing the Authorization Decision and is assessing its options, including the possibility of filing an appeal.
  • The Plaintiff has been authorized to begin a class action against the defendants on behalf of “all persons and entities who acquired or purchased Bombardier’s securities during the period spanning from August 2, 2018 to November 8, 2018, inclusively, and held all or some of these securities until November 8, 2018 inclusively.”

Bombardier Announces Pricing of its New Issuance of Senior Notes due 2032

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화요일, 5월 21, 2024
Debt-to-GDP ratio, Retirement, Bombardier Inc., Sale, Bombardier, Person, Regulation, Prospectus, Note, Hand, Bank

The new Senior Notes will carry a coupon of 7.000% per annum and will be sold at par (the “New Notes”).

Key Points: 
  • The new Senior Notes will carry a coupon of 7.000% per annum and will be sold at par (the “New Notes”).
  • This announcement does not constitute an offer to purchase or the solicitation of an offer to sell the New Notes, the 2026 Notes or the 2027 Notes.
  • This announcement does not constitute a redemption notice in respect of any 2026 Notes, 2027 Notes or any other notes.
  • Any redemption of the 2026 Notes, the 2027 Notes or any other notes will be made pursuant to a notice of redemption under the indentures governing such notes.

Bombardier Announces Conditional Notices of Partial Redemption for US$338,000,000 of its 7.125% Senior Notes due 2026 and US$450,000,000 of its 7.875% Senior Notes due 2027 

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화요일, 5월 21, 2024
Debt-to-GDP ratio, FICC, Bombardier Inc., Corporation, Sale, Bombardier, Prospectus, Depository Trust Company, Note, Attention, Security (finance)

MONTRÉAL, May 21, 2024 (GLOBE NEWSWIRE) -- Bombardier Inc. (“Bombardier”) today announced that it has issued a conditional notice of partial redemption for US$338 million aggregate principal amount of its outstanding 7.125% Senior Notes due 2026 (the “2026 Notes”), and a conditional notice of partial redemption for US$450 million aggregate principal amount of its outstanding 7.875% Senior Notes due 2027 (the “2027 Notes” and, together with the 2026 Notes, the “Redemption Notes”).

Key Points: 
  • MONTRÉAL, May 21, 2024 (GLOBE NEWSWIRE) -- Bombardier Inc. (“Bombardier”) today announced that it has issued a conditional notice of partial redemption for US$338 million aggregate principal amount of its outstanding 7.125% Senior Notes due 2026 (the “2026 Notes”), and a conditional notice of partial redemption for US$450 million aggregate principal amount of its outstanding 7.875% Senior Notes due 2027 (the “2027 Notes” and, together with the 2026 Notes, the “Redemption Notes”).
  • As set forth in the conditional notice of partial redemption issued today in respect of the 2026 Notes, the redemption date is June 20, 2024, and the redemption price for the 2026 Notes is 101.781% of the principal amount redeemed, plus accrued and unpaid interest.
  • As set forth in the conditional notice of partial redemption issued today in respect of the 2027 Notes, the redemption date is June 20, 2024, and the redemption price for the 2027 Notes is 100.00% of the principal amount redeemed, plus accrued and unpaid interest.
  • On May 21, 2024, a copy of each of the respective conditional notices of redemption with respect to the Redemption Notes was issued to the respective record holders thereof.

Bombardier Announces Launch of its New Issuance of Senior Notes due 2032

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화요일, 5월 21, 2024
Debt-to-GDP ratio, Retirement, Bombardier Inc., Sale, Bombardier, Person, Regulation, Prospectus, Note, Hand, Bank

As of the date hereof, there is US$504 million aggregate principal amount outstanding of the 2026 Notes and US$1,433 million aggregate principal amount outstanding of the 2027 Notes.

Key Points: 
  • As of the date hereof, there is US$504 million aggregate principal amount outstanding of the 2026 Notes and US$1,433 million aggregate principal amount outstanding of the 2027 Notes.
  • The Conditional 2026 Notes Redemption and the Conditional 2027 Notes Redemption are expected to be subject to certain conditions, including the completion of the offering of the New Notes.
  • This announcement does not constitute a redemption notice in respect of any 2026 Notes, 2027 Notes or any other notes.
  • Any redemption of the 2026 Notes, the 2027 Notes or any other notes will be made pursuant to a notice of redemption under the indentures governing such notes.

Bombardier Defense Inaugurates New Office in Australia, Enhances Footprint in the Country

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화요일, 5월 21, 2024
Medical evacuation, Searching, Search and rescue, Bombardier

New Bombardier Defense office in Adelaide, Australia, expands company’s Asia-Pacific presence to better serve customers in essential markets

Key Points: 
  • New Bombardier Defense office in Adelaide, Australia, expands company’s Asia-Pacific presence to better serve customers in essential markets
    MONTRÉAL, May 21, 2024 (GLOBE NEWSWIRE) -- Bombardier is pleased to announce that it has inaugurated a new Bombardier Defense office in Adelaide, Australia, increasing its presence in the country.
  • The addition of this new location allows Bombardier to provide an enhanced level of service to its special mission customers in this important market.
  • “The new Bombardier Defense office is an integral part of our overall mission to provide additional support for our missionized customers in Australia and, more largely, in the Asia-Pacific region,” said Steve Patrick, Vice President, Bombardier Defense.
  • Bombardier’s missionized aircraft have a strong presence in Australia, including an in-service fleet of Medical Evacuation (Medevac) and Search & Rescue aircraft.

Bombardier Announces Participation in Upcoming Investor Conferences

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월요일, 5월 6, 2024
Webcast, Bombardier, Conference, Transport, Interest

Bank of America Securities Transportation, Airline, & Industrials Conference

Key Points: 
  • Bank of America Securities Transportation, Airline, & Industrials Conference
    MONTRÉAL, May 06, 2024 (GLOBE NEWSWIRE) -- Bombardier (BBD-B.TO) today announced that it will participate in two investor conferences in the month of May.
  • Bombardier senior executives will also be in attendance to meet with investors and answer questions.
  • Interested parties are invited to contact Investor Relations to get more information on Bombardier’s participation at any of these conferences.
  • Bombardier also hosted its Investor Day event on May 1st, 2024.

Solairus Aviation Announces Updates to Executive Leadership Team

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화요일, 5월 7, 2024
CXO, Bombardier, Aviation, Senior, CGO, Management

PETALUMA, Calif. and NEW YORK, May 7, 2024 /PRNewswire/ -- Solairus Aviation (the "Company"), a leading aircraft management and charter services company, is pleased to announce several updates to its Executive Leadership Team as the Company continues its mission to redefine integrated private aircraft services:

Key Points: 
  • PETALUMA, Calif. and NEW YORK, May 7, 2024 /PRNewswire/ -- Solairus Aviation (the "Company"), a leading aircraft management and charter services company, is pleased to announce several updates to its Executive Leadership Team as the Company continues its mission to redefine integrated private aircraft services:
    Brent Monroe has been appointed as Chief Growth Officer (CGO).
  • His extensive experience and track record in leadership roles within the private aviation industry make him a valuable addition to Solairus and its existing and prospective customers.
  • Marinace's promotion comes after years of exemplary service and leadership within the Company, where he most recently served as Senior Executive Vice President.
  • Dan Drohan, Founder and CEO of Solairus, expressed his excitement about Monroe joining the team, stating, "Brent brings a wealth of experience to our team with an impressive track record in leadership roles at both Gulfstream and Bombardier.

Bombardier Announces Expiration of its Cash Tender Offer for Certain Outstanding Senior Notes

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월요일, 4월 22, 2024
Debt-to-GDP ratio, Date, Corporation, Nature, Bombardier, RBC Capital Markets, Bombardier Inc., Expiration, Tender offer, Tender, Cryptocurrency

The aggregate principal amount of Notes validly tendered and not validly withdrawn after the Early Tender Date and at or prior to the Expiration Date amounts to US$195,000 (the “Additional Tendered Notes”), which, together with the US$496,512,000 aggregate principal amount of Notes that were previously tendered under the Tender Offer and purchased by Bombardier on April 9, 2024, represent, in the aggregate, approximately 49.62% of the aggregate principal amount of the Notes outstanding prior to the Tender Offer.

Key Points: 
  • The aggregate principal amount of Notes validly tendered and not validly withdrawn after the Early Tender Date and at or prior to the Expiration Date amounts to US$195,000 (the “Additional Tendered Notes”), which, together with the US$496,512,000 aggregate principal amount of Notes that were previously tendered under the Tender Offer and purchased by Bombardier on April 9, 2024, represent, in the aggregate, approximately 49.62% of the aggregate principal amount of the Notes outstanding prior to the Tender Offer.
  • Approximately US$504,289,000 aggregate principal amount of Notes will remain outstanding upon completion of the Tender Offer.
  • RBC Capital Markets, LLC and TD Securities (USA) LLC served as dealer managers for the Tender Offer.
  • Global Bondholder Services Corporation acted as the information and tender agent in respect of the Tender Offer.

Prima Air Teams Up with Hong Kong Business Aviation Center to Drive Growth in Asia-Pacific

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화요일, 4월 30, 2024
USD, Bombardier, Safety, Prima Air, Travel, Partnership, VIP, GIV, VAN, Business, Aviation, Risk management, Acquisition, Platinum, Multimedia, Boeing, Airline

VAN NUYS, Calif., April 30, 2024 /PRNewswire/ -- Prima Air announces its expansion into the Asia-Pacific region through a strategic partnership with the Hong Kong Business Aviation Center (HKBAC).

Key Points: 
  • VAN NUYS, Calif., April 30, 2024 /PRNewswire/ -- Prima Air announces its expansion into the Asia-Pacific region through a strategic partnership with the Hong Kong Business Aviation Center (HKBAC).
  • This collaboration marks a significant milestone for Prima Air as it establishes its fourth operation center, following successful ventures in California, Florida, Nevada, and New York.
  • In addition to operating routes between North America and Europe, charter flights between North America and the Asia-Pacific region have been integral to Prima Air's business models and vision from its inception.
  • Prima Air and its subsidiary Pegasus Elite Aviation specialize in private luxury jet charter flights, comprehensive in-house aircraft management, maintenance, and acquisition.