|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||11.70 - 11.70|
|52-week range||10.48 - 14.45|
|Beta (5Y monthly)||3.06|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||0.72 (6.19%)|
|Ex-dividend date||29 Nov 2022|
|1y target est||N/A|
The Berkshire Hathaway-owned private aircraft firm will be the fleet launch customer for the Global 8000s, and operate 24 of the new line by upgrading its entire in-service Global 7500 fleet. Montreal-based Bombardier launched the Global 8000, its new long-range business jet, in May this year to compete better at a time when private jet operators are expanding their fleet to meet growing demand from the ultra-rich.
Bombardier Inc on Thursday reported a smaller adjusted loss in the third quarter, as robust demand for private jet travel boosted the aircraft maker's margins. Corporate jet makers have reported swelling order backlogs on persistent strong demand for flying private, especially in the United States, the world's largest market for business aviation. Bombardier Chief Executive Eric Martel said 2022 deliveries remain on track for more than 120 aircraft and he expects to grow production by 15% to 20% next year.
General Dynamics Corp's Gulfstream Aerospace is weighing one of its business jets to replace its popular G550 aircraft which is now out of production for special mission purposes, President Mark Burns said on Monday. Governments are eying "special mission" business jets capable of looking or listening at potentially lower running costs than converted passenger or military planes. The rising demand for small jets with systems once reserved for bigger planes has energised a market led by Gulfstream, which faces challenges from rivals Bombardier and France's Dassault Aviation SA.