Bombardier's Credit Rating Upgrade by Moody's: A Statement from CFO Bart Demosky
MONTREAL, Dec. 01, 2025 (GLOBE NEWSWIRE) -- The Bombardier team is proud to share that Moody’s has upgraded the company’s credit rating from B1 to Ba3, with a positive outlook. With this recent upgrade, Bombardier’s credit ratings are back in the Ba/BB category with both Moody’s and S&P for the first time in over a decade.
On December 1, 2025, Bart Demosky, the Executive Vice President and Chief Financial Officer of Bombardier, issued a statement following Moody's upgrade of Bombardier’s credit ratings from B1 to Ba3. This shift in ratings reflects Moody's recognition of Bombardier's ongoing recovery and financial stabilization efforts over recent years, especially in response to the challenges faced during the pandemic.
Demosky emphasized that the upgrade was a testament to Bombardier's strategic initiatives aimed at enhancing operational efficiencies, restructuring its business model, and reducing debt obligations. He noted that this upgrade not only reflects the positive financial transformations within Bombardier but also the improved demand in the aerospace market, which had been hampered during previous years.
The CFO articulated that the company's resilience and effective management strategies played a significant role in achieving this upgrade. This improvement in credit ratings is expected to provide Bombardier with enhanced access to capital markets, which in turn will support their ongoing projects and expansion strategies. It also signifies an overall positive outlook towards the company by major financial institutions, which is essential for investor confidence.
In light of this credit rating upgrade, Demosky highlighted the company's commitment to maintaining a strong balance sheet and its focus on sustainable growth. He reiterated Bombardier's efforts in innovation and customer satisfaction, pointing to their recent developments in next-generation aircraft that aim to meet and exceed industry standards.
Furthermore, Demosky acknowledged the hard work and dedication of Bombardier's team in navigating through the adverse situations that they have faced. He indicated that this upgrade is not just a reflection of past performance but a signal of future opportunities and a stronger financial foundation.
To conclude, Demosky's statement reiterated Bombardier's optimistic trajectory moving forward, backed by strategic financial planning and strong operational improvements. The upgrade to Ba3 opens up avenues for further investment and growth, reinforcing Bombardier’s position in the competitive aerospace industry.