Bombardier shares soar to 2018 high on $1.7B order

07/03/2025

Shares of Canadian Bombardier Inc. soared to their peak level since 2018 following the announcement that the firm secured an order for 50 Challenger and Global aircraft from an undisclosed client, along with a service contract for those planes.

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The deal's overall worth is estimated to be $1.7 billion. Deliveries are anticipated to start in 2027.

The purchaser will additionally have the opportunity to acquire 70 additional new planes, which, if taken, could elevate the total deal value beyond $4 billion.

Bombardier stock increased by 17.6% in Toronto on Wednesday. No trading occurred in Canada on July 1 because of a national holiday.

source: bloomberg.com