Bombardier Aerospace delivered 179 business jets last year, 16 more than in 2011. During this same period, the company received net orders for 343 business jets, compared with 191 for the previous year. “We are the market leaders in business aircraft, and the restructuring of our commercial aircraft sales organization is yielding results,” said Bombardier Aerospace president and COO Guy Hachey. “We are seeing positive momentum across our entire product portfolio,” which also includes regional jets.
Farnborough, UK is the site of the newest Bombardier Aerospace regional support office (RSO). It is the 10th to open outside North America in the past four years and will anchor regional support capabilities for Bombardier’s business aircraft customers in Europe. The new RSO is located with Bombardier’s international sales office within the TAG Farnborough Airport Terminal building and alongside Bombardier’s authorized service facility, TAG Farnborough Engineering.
Bombardier Aerospace’s latest annual 20-year forecast of the market for single-aisle airliners and business jets generally sees these sectors “trending positively” as they continue to recover from the downturn in deliveries that began in 2009. Broadly speaking, the Canadian airframer’s forecasters see the commercial aircraft market (up to 145 seats) taking a hit from dips in global domestic product (GDP) around the world and inflated oil prices.
Bombardier Aerospace recently opened a new office in Shanghai. It is home to the Bombardier Commercial Aircraft teams working with the Commercial Aircraft Corporation of China, Bombardier Aerospace’s supply chain organization in China, and it also serves as the headquarters for the Bombardier Commercial Aircraft sales and marketing team for China and North Asia.
Bombardier Aerospace is rapidly expanding its presence in the emerging aviation markets in Asia and the Middle East. Today, the company inaugurated its new office in Shanghai, which is now home to the Bombardier Commercial Aircraft teams working with the Commercial Aircraft Corporation of China (Comac), Bombardier Aerospace’s supply chain organization in China and the company’s commercial aircraft sales and marketing team for China and North Asia.
Bombardier Aerospace today reported revenues of $8.6 billion last year, down from $8.8 billion in 2010, while pre-tax profits slid by $52 million year-over-year, to $502 million.
Bombardier Aerospace selected Phoenix-based Aviation Performance Solutions to provide live upset recovery training as part of its Leading Edge Program offered to Learjet, Challenger and Global customers. Like its Safety Standdowns, “The Bombardier Leading Edge program promotes knowledge and skills-based training along with each individual pilot’s discipline and responsibility as essential elements of aviation professionalism and safety,” said Capt. Rick Rowe, manager of Safety Standdown programs at Bombardier.
Bombardier Aerospace’s third-quarter revenues rose to $2.3 billion, up from $1.8 billion a year ago, thanks to more business jet deliveries and higher net selling prices, the Canadian aircraft manufacturer said today in its quarterly financial report. Bombardier delivered 43 business jets in the quarter, compared with 31 in the same period last year. The Challenger 605 led the gains in deliveries, with 10 of the large cabin twinjets handed ov
Bombardier Commercial Aircraft president Gary Scott has left the company effective October 1, citing a desire to devote more time to his family. Bombardier Aerospace president and COO Guy Hachey has assumed Scott’s duties while the company seeks a replacement.
Bombardier reported $4.7 billion in revenue for its first fiscal quarter (which ended April 30), a 9-percent year-over-year increase, thanks in part to a stronger business jet market, “especially at the high end,” said Bombardier president and CEO Pierre Beaudoin. Profits in the fiscal quarter reached $220 million, compared with $195 million last year.