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Bombardier secures US$1.7 billion aircraft order with service deal
Bombardier secures US$1.7 billion aircraft order with service deal

CTV News

time16 hours ago

  • Business
  • CTV News

Bombardier secures US$1.7 billion aircraft order with service deal

Flags fly in front of signage at the Bombardier plant in Montreal, Tuesday, Feb. 4, 2025. THE CANADIAN PRESS/Christinne Muschi Bombardier said on Monday it had received an order for 50 of its Challenger and Global aircraft, alongside a service agreement, valued collectively at US$1.7 billion, with deliveries scheduled to commence in 2027. Bombardier said the customer, who has chosen to remain anonymous, would hold 70 new aircraft purchase options, which, if exercised, would increase the combined value of the aircraft and service agreements to over $4 billion. Earlier this year, the company said it expects new order activity to be slower through the first half of the year and to pick up after that. The Montreal-based company said in May that it expects to deliver more than 150 business jets this year, compared with 146 in 2024. Reporting by Gursimran Kaur in Bengaluru; Editing by Maju Samuel, Reuters

Bombardier secures US$1.7 billion aircraft order with service deal
Bombardier secures US$1.7 billion aircraft order with service deal

CTV News

time17 hours ago

  • Business
  • CTV News

Bombardier secures US$1.7 billion aircraft order with service deal

Flags fly in front of signage at the Bombardier plant in Montreal, Tuesday, Feb. 4, 2025. THE CANADIAN PRESS/Christinne Muschi Bombardier said on Monday it had received an order for 50 of its Challenger and Global aircraft, alongside a service agreement, valued collectively at $1.7 billion, with deliveries scheduled to commence in 2027. Bombardier said the customer, who has chosen to remain anonymous, would hold 70 new aircraft purchase options, which, if exercised, would increase the combined value of the aircraft and service agreements to over $4 billion. Earlier this year, the company said it expects new order activity to be slower through the first half of the year and to pick up after that. The Montreal-based company said in May that it expects to deliver more than 150 business jets this year, compared with 146 in 2024. Reporting by Gursimran Kaur in Bengaluru; Editing by Maju Samuel

US Consulate General in Pakistan's Lahore directs staff to shelter in place
US Consulate General in Pakistan's Lahore directs staff to shelter in place

The Star

time08-05-2025

  • Politics
  • The Star

US Consulate General in Pakistan's Lahore directs staff to shelter in place

A general view of a damaged portion of a mosque, after it was hit by an Indian strike, in Muridke near Lahore, Pakistan May 7, 2025. REUTERS/Gibran Peshimam (Reuters) -The U.S. Consulate General in Lahore, Pakistan, has directed its staff to shelter in place amid reports of drone explosions, downed drones and possible airspace incursions, the country's State Department said on Thursday. The consulate said it has also received initial reports that authorities may be evacuating some areas adjacent to Lahore's main airport, according to a statement. The move comes as Pakistan said on Thursday it shot down 25 drones from India in its airspace while India said it had "neutralised" Pakistan's attempt to engage military targets using drones and missiles, as the latest conflict between the two nuclear-powered neighbours intensified. (Reporting by Gursimran Kaur in BengaluruEditing by Bernadette Baum)

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