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4-Traders Homepage  >  Equities  >  Toronto Stock Exchange  >  Bombardier, Inc.    BBD.B   CA0977512007

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Bombardier, Inc. : Bombardier announces first U.S. Bombardier 415 aircraft sale and delivery to a partnership led by Tenax Aerospace, LLC

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11/03/2013 | 06:18pm CEST
  • Celebrates 50th Bombardier 415 superscooper aircraft assembled in North Bay, Ontario

Today, Bombardier celebrated the sale and delivery of its 50thiconic Bombardier 415 superscooper aircraft assembled at its North Bay, Ontario facility. The aircraft, purchased by a partnership led by Tenax Aerospace, LLC of Ridgeland, Mississippi, will be used under contract to the United States Forest Service starting next month. Based on the list price, the Bombardier contract is valued at approximately $34.5 million USD.

The Bombardier 415 superscooper aircraft is a world-renowned firefighter and adapts to the roughest terrain and the only aircraft specifically built as an aerial firefighting airplane. It is able to land on unpaved runways, lakes, rivers and seas, enabling both rapid initial attacks to extinguish fires and sustained attacks to contain fires.

"Today, we are celebrating two milestones: the 50thBombardier 415 aircraft assembled in North Bay, Ontario as well as the first United States Bombardier 415 aircraft sale and delivery," said Michel Bourgeois, President, Specialized and Amphibious Aircraft, Bombardier Aerospace. "I want to congratulate the employees for this achievement and to welcome the Tenax team to the amphibious aircraft family. This is yet another testament to the true value of the expertise of our employees and of our superscooper aircraft that remains the top aerial firefighting choice around the world," he continued.

While the 50thBombardier 415 aircraft to roll out of North Bay, Ontario is the first to be sold to a United States customer, a total of five State and privately owned CL-215 aircraft, the predecessor to the Bombardier 415 aircraft, are currently operated in the United States.

Since the first Bombardier 415 amphibious aircraft was delivered in 1994, a total of 85 Bombardier 415 and four Bombardier 415 MP aircraft have been delivered to governments and firefighting agencies around the world. In addition, 80 CL-215 and CL-215T amphibious piston aircraft remain in service worldwide.

About the Bombardier 415 aircraft
The Bombardier 415 firefighter aircraft has a normal cruise speed of 180 KT (333 km/h) under certain conditions. In an average mission of six nautical miles (11 kilometres) distance from water to fire, it can complete nine drops within an hour and precisely deliver 14,589 US gallons (55,233 litres) of fire suppressant.

About Bombardier

Bombardier is the world's only manufacturer of both planes and trains. Looking far ahead while delivering today, Bombardier is evolving mobility worldwide by answering the call for more efficient, sustainable and enjoyable transportation everywhere. Our vehicles, services and, most of all, our employees are what make us a global leader in transportation.

Bombardier is headquartered in Montréal, Canada. Our shares are traded on the Toronto Stock Exchange (BBD) and we are listed on the Dow Jones Sustainability World and North America Indexes. In the fiscal year ended December 31, 2012, we posted revenues of $16.8 billion. News and information are available at bombardier.com or follow us on Twitter @Bombardier.

Notes to Editors

Follow @Bombardier_Aero on Twitter to receive the latest news and updates from BombardierAerospace.

Bombardier, Bombardier 415, Bombardier 415 MP, CL-215, CL-215T, superscooper and The Evolution of Mobility are trademarks of Bombardier Inc. or its subsidiaries.

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Financials ($)
Sales 2016 16 779 M
EBIT 2016 301 M
Net income 2016 -676 M
Debt 2016 5 737 M
Yield 2016 0,12%
P/E ratio 2016 -
P/E ratio 2017
EV / Sales 2016 0,53x
EV / Sales 2017 0,53x
Capitalization 3 207 M
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Mean consensus HOLD
Number of Analysts 22
Average target price 1,65 $
Spread / Average Target 18%
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Alain M. Bellemare President, Chief Executive Officer & Director
Pierre Beaudoin Executive Chairman
John Di Bert Chief Financial Officer & Senior Vice President
François Caza Chief Engineer & VP-Product Development-Aerospace
Laurent Beaudoin Chairman-Emeritus
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