Category: Press Release

• Leveraging Signature Aviation’s Book-and-Claim solution, the initiative reduces the annual greenhouse gas emissions associated with fuel in Bombardier’s flight operations by approximately 20 to 25 %.
• The Book-and-Claim model guarantees a rigorous accounting of greenhouse gas emission reductions while optimizing logistics.
• Bombardier continues to lead the way and take concrete actions to ensure a sustainable future for business aviation.

MONTRÉAL, Nov. 13, 2023 (GLOBE NEWSWIRE) — Bombardier is proud to cement its industry leadership in sustainability by reaffirming its commitment to cover all its operational flights with sustainable aviation fuel (SAF), utilizing the Book-and-Claim system. One year after announcing its landmark agreement with Signature Aviation, Bombardier continues to demonstrate its firm engagement to drive lasting industry change by promoting the industry-wide adoption of SAF.

“Bombardier is taking bold steps on its sustainability journey and is increasingly recognized as one of the most sustainable aviation companies. Our commitment to cover our flight operations with SAF, a first in the business aviation industry, is another demonstration of the serious, tangible actions we are taking to align with our values,” said Eric Martel, President and CEO, Bombardier. “The Bombardier team strongly believes that operating with sustainability in mind is the only way forward, and we are proud to rise to the challenge again today.”

Operational flights are part of Bombardier’s regular activities, and notably include production testing, certification flights, transiting Global aircrafts from Toronto to Montréal to perform the completion stages, customer demonstration flights, new aircraft platforms certifications and after-service check flights. By using a blend with 30% of pure sustainable aviation fuel, Bombardier anticipates to reduce its annual greenhouse gas (GHG) emissions (scope 1) from fuel use in its flight operations by approximately 20 – 25%. The 2023 SAF usage in flight operation through the Book-and-Claim system will be reflected in Bombardier’s 2023 scope 1 CO2 emissions that will be published in May 2024.

This major annual gain supports Bombardier’s previously announced objective of reducing 25% of GHG emissions (scope 1 and 2) by 2025, compared to 2019 levels. Bombardier’s 2025 objective is aligned with the business aviation industry’s goal of achieving a net-zero emissions by 2050.

Approved sources to produce sustainable fuels are feedstocks such as used cooking oils, forestry residues and agricultural residues. These cannot come from lands with high biodiversity or carbon stocks, cannot compete with the food chain, and must provide a societal benefit through the development of this new activity. The reduction of GHG emissions associated with sustainable aviation fuels is achieved throughout their life cycle, not just at the time of in-flight consumption.

Considering that Bombardier has flight operations in many locations around the world where SAF is not produced nearby, the Book-and-Claim system is the most effective method to limit the negative impact of transporting these fuels over long distances. With this system, a user located near a SAF production site uses SAF in their flights. The GHG reductions associated with this use are claimed, in exchange for the additional cost of SAF, by another user located at a site where SAF is not available.

About Bombardier

Bombardier (BBD-B.TO) is a global leader in aviation, focused on designing, manufacturing, and servicing the world’s most exceptional business jets. Bombardier’s Challenger and Global aircraft families are renowned for their cutting-edge innovation, cabin design, performance, and reliability. Bombardier has a worldwide fleet of approximately 5,000 aircraft in service with a wide variety of multinational corporations, charter and fractional ownership providers, governments, and private individuals. Bombardier aircraft are also trusted around the world in government and military special-mission roles leveraging Bombardier Defense’s proven expertise.

Headquartered in Greater Montréal, Québec, Bombardier operates aerostructure, assembly and completion facilities in Canada, the United States and Mexico. The company’s robust customer support network services the Learjet, Challenger and Global families of aircraft, and includes facilities in strategic locations in the United States and Canada, as well as in the United Kingdom, Germany, France, Switzerland, Italy, Austria, the UAE, Singapore, China and Australia.

For corporate news and information, including Bombardier’s Environmental, Social and Governance report, as well as the company’s plans to cover all its flight operations with Sustainable Aviation Fuel (SAF) utilizing the Book-and-Claim system visit bombardier.com. Learn more about Bombardier’s industry-leading products and customer service network at businessaircraft.bombardier.com. Follow us on Twitter @Bombardier.

For information

Christina Lemyre McCraw
Manager, Public Relations and Communications
+1 514 497-4928
christina.lemyremccraw@aero.bombardier.com

GlobeNewswire Distribution ID 8978522

Bombardier Global aircraft misionnized into Saab GlobalEye platform

Bombardier Defense Delivers Seventh Global Aircraft for Saab’s GlobalEye Airborne Surveillance Solution

• Bombardier’s Global aircraft brings its formidable performance into Saab’s GlobalEye airborne surveillance platforms, a solution equipped with sensors for all air, sea and land domains
• Modern business jets are being increasingly recognized as strategic assets for military forces across the world

MONTRÉAL, Nov. 12, 2023 (GLOBE NEWSWIRE) — Bombardier Defense is proud to announce the seventh Global aircraft delivery to defense and security company Saab, ready to be transformed into Saab’s Airborne Early Warning and Control (AEW&C) solution known as GlobalEye. This new delivery comes as the two companies attend the Dubai Air Show 2023, where Bombardier presents its versatile Global and Challenger business jets to the Middle East market, and Saab showcases the leading capability of GlobalEye.

Bombardier’s latest Global aircraft delivery is destined to join the Swedish Air Force and will be Saab’s second GlobalEye aircraft to join Sweden’s military fleet. The 7 aircraft delivered by Bombardier to the GlobalEye program highlight a successful collaboration and echo Bombardier’s thriving, long-standing reputation manufacturing specialized aircraft for the defense industry.

“More and more countries are preparing for the future by choosing modern, more efficient business jets as strategic assets for their military fleet,” said Jean-Christophe Gallagher, Executive Vice-President, Aircraft Sales and Bombardier Defense. “With the rapid progression of technologies, there is a growing realization that business jets, such as our Global aircraft, can seamlessly integrate the equipment and capabilities that were traditionally carried by commercial aircraft.”

In addition to offering lower operating costs than commercial aircraft, Global business jets have takeoff and landing capabilities that allow them to fly in and out of more strategic locations. The agility granted by the steep approach certification and the advanced wing design of the Global aircraft is an advantageous feature to airborne surveillance platforms, designed for long-range air, maritime and ground surveillance.

As such, Saab’s GlobalEye incorporates some essential attributes of the Global business jet including over 11 hours of operational endurance, state-of-the-art avionics, and class-leading maintenance intervals. Paired with ample cabin space for workstations and mission equipment for ideal crew conditions, the Global aircraft is perfectly suited for situational awareness missions of large areas.

About Bombardier

Bombardier (BBD-B.TO) is a global leader in aviation, focused on designing, manufacturing, and servicing the world’s most exceptional business jets. Bombardier’s Challenger and Global aircraft families are renowned for their cutting-edge innovation, cabin design, performance, and reliability. Bombardier has a worldwide fleet of approximately 5,000 aircraft in service with a wide variety of multinational corporations, charter and fractional ownership providers, governments, and private individuals. Bombardier aircraft are also trusted around the world in government and military special-mission roles leveraging Bombardier Defense’s proven expertise.

Headquartered in Greater Montréal, Québec, Bombardier operates aerostructure, assembly and completion facilities in Canada, the United States and Mexico. The company’s robust customer support network services the Learjet, Challenger and Global families of aircraft, and includes facilities in strategic locations in the United States and Canada, as well as in the United Kingdom, Germany, France, Switzerland, Italy, Austria, the UAE, Singapore, China and Australia.

For corporate news and information, including Bombardier’s Environmental, Social and Governance report, as well as the company’s plans to cover all its flight operations with Sustainable Aviation Fuel (SAF) utilizing the Book and Claim system visit bombardier.com. Learn more about Bombardier’s industry-leading products and customer service network at businessaircraft.bombardier.com. Follow us on X (Twitter) @Bombardier.

Bombardier, Challenger and Global, are registered or unregistered trademarks of Bombardier Inc. or its subsidiaries.

For information

Marie-Andrée Charron
Bombardier
+1-514-447-2598
Marie-andree.charron@aero.bombardier.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/bc63e843-aef0-443d-b396-92ed8ec13376

GlobeNewswire Distribution ID 8977925

NEW YORK, Nov. 11, 2023 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of CS Disco, Inc. (NYSE: LAW) between July 21, 2021 and August 11, 2022, both dates inclusive (the “Class Period”), of the important November 20, 2023 lead plaintiff deadline.

SO WHAT: If you purchased CS Disco common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the CS Disco class action, go to https://rosenlegal.com/submit-form/?case_id=19221 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than November 20, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, “CS Disco repeatedly touted strong growth in its revenues attributable to customer usage of its cloud-based electronic discovery platform and asserted that it had good advance visibility into changes in the demand from individual customers over time.” The lawsuit also alleges that “[w]hile the Company also acknowledged that its rapid revenue growth was ‘usage driven’ and may be subject to volatility, it did not inform investors during the Class Period that it had any indication of significant headwinds to its growth.” When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the CS Disco class action, go to https://rosenlegal.com/submit-form/?case_id=19221 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————–

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 8977413