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Bombardier CEO Says Debt ‘Melting Away’; Shares Soar to 23-Year High

A Bombardier Global 7500 business jet on display during the Singapore Airshow.
Photographer: SeongJoon Cho/Bloomberg

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By Mathieu Dion

April 30, 2026 at 4:49 PM UTC

Updated on

April 30, 2026 at 7:36 PM UTC

Canadian jet manufacturer Bombardier Inc. surged after it raised its cash flow outlook for this year and reported strong interest in its defense products.

The company, which was on the brink of bankruptcy in 2020, said it plans to pay down another C$150 million ($110 million) in debt this year and is closing in on its leverage target.