Latest news with #Global8000
The Market Online
29-05-2025
- Business
- The Market Online
Buzz on the Bullboards: Bombardier vs Boeing, MediPharm 'under attack'
Even with Wall Street operating on a shortened schedule due to the Memorial Day holiday, the TSX has shown resilience—hitting fresh highs twice this week. This bullish momentum underscores the strength and diversity of Canadian equities, particularly in sectors like pharmaceuticals, aerospace, and advanced manufacturing. Among the standout performers are three companies capturing investor attention with bold moves and strategic milestones: MediPharm Labs, Bombardier, and PyroGenesis. MediPharm Labs (TSX:LABS, Forum), a pharmaceutical business in precision-based cannabinoids, has announced the commencement of production for its novel cannabis metered dose inhalers (MDIs) aimed at the European Union and United Kingdom markets. These discreet, smoke-free devices offer patients a fast-acting, pharmaceutical-grade alternative to traditional cannabis consumption methods. What the 'Buzz' Our Bullboards have up to 2 million pageviews a day. Get the inside scoop on conversations around the most significant trends and stock appreciations in our weekly wrap up. Get 'Buzz on the Bullboards' delivered to your inbox every third Thursday! Buzz on the Bullboards | Sign Up Here Manufactured under stringent Good Manufacturing Practices (GMP), the MDIs are distributed exclusively by Blackpoint Ltd., MediPharm's regional partner. The company has already launched the product in Canada and anticipates further rollouts in Australia, the EU, and the UK by Q3 2025. This expansion comes on the heels of a $4.5 million cash sale of its Hope facility, a move aimed at streamlining operations. However, internal turbulence looms. A proxy battle with dissident shareholder Apollo Technology Capital Corp. has raised concerns about governance and financial stability. Despite these headwinds, MediPharm reported an 11 per cent revenue increase in Q1, signaling operational momentum amid strategic uncertainty. MediPharm published a response, calling Apollo Capital 'dissidents' and they 'do not believe they are the well-intentioned and successful business leaders they portray themselves to be', saying the company is currently 'under attack'. Bombardier (TSX:BBD, Forum) has reached a major milestone in its Global 8000 program, with the first production aircraft completing its inaugural flight on May 16. Departing from the company's Aircraft Assembly Centre in Mississauga, Ontario, the flight marks a pivotal step toward the aircraft's entry into service in the second half of 2025. The Global 8000 is positioned as the next evolution of the Global 7500, offering a top speed of Mach 0.94 and an industry-leading range of 8,000 nautical miles. It's designed to connect global cities like Singapore to Los Angeles and London to Perth without refueling, while also offering access to shorter runways typically reserved for smaller jets. Inside, the aircraft redefines luxury with four true living spaces, a dedicated crew rest area, and the lowest cabin altitude in its class. With over 250,000 flight hours logged by the Global 7500, Bombardier's latest innovation is poised to capture a significant share of the ultra-long-range business jet market. Advanced materials innovator PyroGenesis (TSX:PYR, Forum) has secured a major endorsement from aerospace giant Boeing (NYSE:BA, Forum). The company's Ti64 'coarse' metal powder—used in additive manufacturing—has been officially approved and added to Boeing's qualified supplier list. This qualification is a significant validation of PyroGenesis' proprietary plasma atomization technology, which produces high-purity metal powders for 3D printing in aerospace and defense applications. The approval opens the door to broader adoption of PyroGenesis' materials in Boeing's manufacturing ecosystem, potentially unlocking new revenue streams and long-term contracts. As the aerospace industry increasingly turns to additive manufacturing for lightweight, high-performance components, PyroGenesis is well-positioned to benefit from this structural shift. These three TSX-listed companies—MediPharm Labs, Bombardier, and PyroGenesis—are each making headlines for different reasons, from product innovation and international expansion to strategic partnerships and shareholder activism. While the TSX continues to climb, investors would be wise to dig deeper into these stories, assess the risks and opportunities, and consider how these developments align with their investment goals. As always, thorough due diligence remains the cornerstone of smart investing. For previous editions of Buzz on the Bullboards, click here. Join the discussion: Find out what everybody's saying about these stock on Stockhouse's stock forums and message boards. The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.
The Market Online
21-05-2025
- Business
- The Market Online
Bombardier's Global 8000 takes flight: 1st production aircraft completes inaugural journey
Bombardier (TSX:BBD) has reached a major milestone in its Global 8000 program, announcing that the first production Global 8000 aircraft has successfully completed its inaugural flight The Global 8000 is the fastest civil aircraft since the Concorde—and an industry-leading range of 8,000 nautical miles With its ultra-high cruise speed of Mach 0.92, the aircraft can cover up to 4,200 nautical miles, enabling direct routes such as Dubai to Houston Bombardier stock (TSX:BBD.A) last traded at C$91.65 Bombardier (TSX:BBD) has reached a major milestone in its Global 8000 program, announcing that the first production Global 8000 aircraft has successfully completed its inaugural flight. The landmark event took place on May 16, launching from Bombardier's state-of-the-art Aircraft Assembly Centre in Mississauga, Ontario. Piloted by Sandro Novelli, with co-pilot Charlie Honey and flight engineer Bhargav Bhavsar, the aircraft executed a series of rigorous tests as part of its production flight test procedures. All flight controls were exercised, and the aircraft's systems performed flawlessly, according to Bombardier. The aircraft will now proceed to Bombardier's Laurent Beaudoin Completion Centre in Montreal, where its luxurious interior will be finalized ahead of its anticipated entry into service in the second half of 2025. The Global 8000 is said to be the 'next evolution' of the acclaimed Global 7500, which has logged over 250,000 flight hours and more than 200 deliveries since its debut in 2018. Designed to redefine business aviation, the Global 8000 boasts a top speed of Mach 0.94—making it the fastest civil aircraft since the Concorde—and an industry-leading range of 8,000 nautical miles. With its ultra-high cruise speed of Mach 0.92, the aircraft can cover up to 4,200 nautical miles, enabling direct routes such as Dubai to Houston, Singapore to Los Angeles, and London to Perth. Despite its size and capabilities, the Global 8000 also offers impressive runway performance, rivaling that of much smaller jets and allowing access to airports typically out of reach for aircraft in its class. Inside, the Global 8000 sets a new benchmark for luxury and comfort. It features four true living spaces, a dedicated crew rest area, and the longest seated length in its category. The cabin is engineered for wellness, offering the industry's lowest cabin altitude and the healthiest environment for passengers. 'Having this first production aircraft take to the skies is another important step in this journey that will redefine the business aviation landscape,' Stephen McCullough, Bombardier's senior vice president, engineering and product development, said in a news release. 'With its low cabin altitude, luxurious and healthy cabin, signature smooth ride and unparalleled performance capabilities, the Global 8000 is the clear choice for discerning owners and operators who prioritize convenience and flexibility.' 'This is a very special accomplishment for our Global8000 aircraft, the latest highlight for this transformational business jet,' David Murray, executive vice president, manufacturing, IT and Bombardier operational excellence system, added. 'This first flight is a reflection of the dedication and high skill level of our engineering, production and flight teams to follow through and execute with precision and mastery at all stages of the manufacturing and flight-testing process.' Bombardier designs, builds, modifies and maintains a line of jets for individuals, businesses, governments and militaries around the world. Its customers operate a fleet of more than 5,100 aircraft supported by 10 service facilities across six countries. The company operates aerostructure, assembly and completion facilities in Canada, the United States and Mexico. Bombardier stock (TSX:BBD.A) last traded at C$91.65 and has risen 1.24 per cent since this time last year. Join the discussion: Find out what everybody's saying about this aviation stock on the Bombardier Inc. Bullboard and check out the rest of Stockhouse's stock forums and message boards. The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.
Globe and Mail
20-05-2025
- Business
- Globe and Mail
First Production Aircraft of World's Fastest Business Jet, the Bombardier Global 8000, Completes Flawless Inaugural Flight
The Global 8000 first production aircraft completed its maiden flight taking off from Bombardier's Aircraft Assembly Centre in Mississauga, Ont. The Global 8000 is the fastest civil aircraft since the Concorde, with an industry-leading top speed of Mach 0.94 and range of 8,000 nautical miles (NM), an ultra-low cabin altitude of 2,900 ft. and a luxurious cabin, making it the ultimate business aircraft Bombardier's Global 8000 is set to enter into service in 2025 TORONTO, May 20, 2025 (GLOBE NEWSWIRE) -- Bombardier today announced that the first production Global 8000 aircraft has successfully completed its inaugural flight. The milestone was completed on May 16 from Bombardier's state-of-the-art Aircraft Assembly Centre in Mississauga, Ont., and the aircraft executed a series of tests, part of the production flight test procedures during the flight. The exquisite jet landed under the expert command of pilot Sandro Novelli, assisted by co-pilot Charlie Honey and flight engineer Bhargav Bhavsar. All flight controls were exercised on the aircraft, and the systems and aircraft performed as expected. This marks the latest milestone for Bombardier's Global 8000 program. The Global 8000 flight test vehicle (FTV) has exceeded expectations in flight testing and the first production aircraft will soon travel to Bombardier's Laurent Beaudoin Completion Centre in Montreal where interior completions will take place ahead of its planned entry-into-service (EIS) in the second half of 2025. 'This first production flight marks yet another successful milestone for Bombardier's Global 8000 program and we are very pleased with how the aircraft performed on its maiden journey,' said Stephen M c Cullough, Senior Vice President, Engineering and Product Development, Bombardier. 'Having this first production aircraft take to the skies is another important step in this journey that will redefine the business aviation landscape. With its low cabin altitude, luxurious and healthy cabin, signature smooth ride and unparalleled performance capabilities, the Global 8000 is the clear choice for discerning owners and operators who prioritize convenience and flexibility.' 'This is a very special accomplishment for our Global 8000 aircraft, the latest highlight for this transformational business jet,' said David Murray, Executive Vice President, Manufacturing, IT and Bombardier Operational Excellence System. 'This first flight is a reflection of the dedication and high skill level of our engineering, production and flight teams to follow through and execute with precision and mastery at all stages of the manufacturing and flight-testing process.' The new Global 8000 business jet is the evolution of the highly successful Global 7500 aircraft, which has amassed more than 250,000 flying hours and 200-plus deliveries since entering into service in 2018. Bombardier's flagship of a new era, the Global 8000, sets new standards for performance and ride quality, with the top speed of any civil aircraft since Concorde at Mach 0.94, the longest range for a four-zone business jet at 8,000 NM and the industry's smoothest ride. The Global 8000 is the ultimate time machine, unlocking more routes than ever before including Dubai to Houston, Singapore to Los Angeles, London to Perth and many others, as well as introducing a first ever ultra-high cruise speed of Mach 0.92. At this average cruise speed, the Global 8000 can have a range of up to 4,200 nautical miles, getting you to your destinations in less time. Bombardier's nimble Global 8000 also possesses impressive runway performance comparable to a light jet. Its unique design and cutting-edge engineering provide customers with the ability to access smaller airports other aircraft in its category can't access. The Global 8000 aircraft will also set an extremely high bar in terms of luxury and comfort. This trailblazing business jet will offer exceptional comfort, featuring four true living spaces and a separate crew rest area. The discerning business jet will also feature the longest seated length size in its class along with the industry's healthiest cabin and low cabin altitude, designed to maximize passenger comfort and productivity throughout their travels. About Bombardier At Bombardier ( we design, build, modify and maintain the world's best-performing aircraft for the world's most discerning people and businesses, governments and militaries. That means not simply exceeding standards, but understanding customers well enough to anticipate their unspoken needs. For them, we are committed to pioneering the future of aviation—innovating to make flying more reliable, efficient and sustainable. And we are passionate about delivering unrivaled craftsmanship and care, giving our customers greater confidence and the elevated experience they deserve and expect. Because people who shape the world will always need the most productive and responsible ways to move through it. Bombardier customers operate a fleet of more than 5,100 aircraft, supported by a vast network of Bombardier team members worldwide and 10 service facilities across six countries. Bombardier's performance-leading jets are proudly manufactured in aerostructure, assembly and completion facilities in Canada, the United States and Mexico. In 2024, Bombardier was honoured with the prestigious 'Red Dot: Best of the Best' award for Brands and Communication Design. For Information For corporate news and information, including Bombardier's Sustainability report, as well as the company's initiative to cover all its flight operations with a Sustainable Aviation Fuel (SAF) blend utilizing the Book-and-Claim system visit Learn more about Bombardier's industry-leading products and customer service network at Follow us on X @Bombardier. Media Contacts General media contact webform Matthew Nicholls +1-514-243-8214 *The Global 8000 aircraft is currently under development and remains to be finalized and certified. All specifications and data are approximate, may change without notice and are subject to certain operating rules, assumptions and other conditions. It is expected to enter service in 2025. Please also see the forward-looking statements disclaimer at the end of this press release. Bombardier, Global, Global 7500 and Global 8000 are registered or unregistered trademarks of Bombardier Inc. or its subsidiaries Forward-looking statements This press release contains certain forward-looking statements. By their nature, forward-looking statements require the Corporation to make assumptions and are subject to important known and unknown risks and uncertainties, which may cause actual results in future periods to differ materially from those set forth in the forward-looking statements. Please refer to the 'Forward-Looking Statements' disclaimer contained in Bombardier Inc.'s most recently published financial report for additional details.
The Market Online
12-05-2025
- Business
- The Market Online
The 5-Minute Investor Podcast, Ep. 10: Boeing vs. Bombardier
Welcome to episode 10 of The 5-Minute Investor Podcast, where Stockhouse columnists Jonathon Brown and Trevor Abes each deliver a 2.5-minute stock pick related to recent news stories with investment implications. Here are Jon's articles for episode 10: Here are Trevor's articles: Bombardier Q1 2025 Revenues, Earnings, Free Cash Flow, All Jump Double-Digits Year-Over-Year, Corporation Provides Strong 2025 Guidance (Stockhouse). Bombardier's world-leading Global 8000 jet nears market debut (Stockhouse). Trevor's stock pick, Bombardier (TSX:BBD.A/B), ever-popular on the bullboards, designs, builds, modifies and maintains a line of jets with a global client fleet exceeding 5,000 aircraft. Bombardier's Class B stock has added 20.23 per cent year-over-year and 743.80 per cent since 2020 as of market close on May 9, 2025. The stock last traded at C$86.49 per share. Here's a list of past episodes: Thanks for listening! The 5-Minute Investor is on Spotify, YouTube, iHeartRadio, Podbean, Stockhouse or wherever finer podcasts are found. Join the discussion: Find out what investors are saying about The 5-Minute Investor Podcast and this week's stock picks on the Boeing Co. and Bombardier Inc. Bullboards and check out the rest of Stockhouse's stock forums and message boards. The material provided in this podcast is for information only and should not be treated as investment advice. For full disclaimer information, please click here. (Top image: Adobe Stock)
Yahoo
17-04-2025
- Business
- Yahoo
This New Gulfstream Has the Longest Range of Any Business Jet
The aircraft that billed itself as having the world's longest range can fly even farther. The Gulfstream G800, which made its first transatlantic flight in June 2022, has underwent a testing program with three test aircraft for the last three years. It received type certification yesterday from the Federal Aviation Administration (FAA) and EASA, the European Union counterpart. Originally, Gulfstream said the G800 would have a range of 8,000 nautical miles, but the company has upped that to 8,200. That extra mileage matters to aircraft owners willing to pay between $70 million and $100 million (or much more with options) for the new breed of ultra-long-range aircraft, including Gulfstream's G700, Bombardier's Global 7500 and new Global 8000, and Dassault Falcon's 6X and upcoming 10X, expected to be certified in 2027. More from Robb Report Bombardier's New Plane Is the Fastest Civilian Jet Since the Concorde Michael Jordan and Cristiano Ronaldo Both Fly Gulfstream Jets With Custom Liveries 6 Ways Technology Will Transform Your Private-Jet Experience in the Next Decade The new G800, scheduled to be delivered to its first launch customer soon, is smaller than its G700 sibling by about 10 feet; it's for owners who may not need the extra space, but want the added range. The 8,200-nautical-mile range happens at a long-range cruise speed of Mach 0.85. It can travel 7,000 nautical miles at Mach 0.90. At Mach 0.87, its range is 8,000 nautical miles. Beyond the extra range, the G800's maximum speed was also upped to Mach 0.935 from Mach 0.925. Its takeoff and landing distances—critical for aircraft that want to land on short-field airports—also improved to 5,812 feet and 3,105 feet, respectively. 'With the certification of the G800, Gulfstream has again exceeded expectations thanks to the expertise and rigor of our flight test, certification, and manufacturing teams,' said Mark Burns, Gulfstream's president, in a statement. The G800's numbers include the industry's lowest cabin altitude of 2,840 feet when flying at 41,000 feet and 100 percent fresh air, thanks to a plasma ionization air-purification. The interior can be configured with four living areas or three living areas and a dedicated crew compartment. Gulfstream is halting production of the G650 in June when deliveries of the G800 begin. In January the company said it expects to deliver about 150 aircraft this year. Best of Robb Report The 2024 Chevy C8 Corvette: Everything We Know About the Powerful Mid-Engine Beast The World's Best Superyacht Shipyards The ABCs of Chartering a Yacht Click here to read the full article.
