What Happened
Canadian Business Jet Manufacturer Sees Record Services Revenue
Bombardier has raised its 2026 free cash flow forecast to more than $1.3 billion, driven by a record $701 million in quarterly services revenue. The Canadian business jet manufacturer reported third-quarter revenue of $2.37 billion, up 3% from a year earlier, with adjusted EBITDA rising 7% to $382 million. Bombardier also highlighted opportunities in the defense market, including potential orders for its Global 6500 platform. The company’s financial results were reported by AeroTime.