Bombardier reports strong Q3 with $1.5bn revenue

Bombardier has reported a strong third quarter with solid revenue of $1.5bn and a 20% year-over-year aftermarket increase to $372 million mostly due to increased flight hours and expansion of Bombardier’s service centres in strategic locations around the world. Bombardier also reported that the full-year aircraft deliveries were on track with over 120 aircraft. Éric Martel, President and Chief Executive Officer of Bombardier, said: “Our performance in the third quarter of 2022 demonstrated that our fundamentals are very strong, especially when it comes to profitability, free cash flow, liquidity, as well as continued and steady debt reduction from our balance