Deanna White was named president of Bombardier Flexjet yesterday, following the retirement of Fred Reid, who has been at the helm of the fractional provider since August 2008. The appointment was made “effective immediately,” suggesting the change was sudden. White joined Flexjet in 2005 as the finance director and most recently served as the company’s vice president of finance. “Deanna possesses a passion for driving strategic change and implementing business plans that support the organization’s long-term strategies,” said Bombardier president and CEO Pierre Beaudoin.
Bombardier plans to begin full integrated testing of what it calls CSeries “Aircraft 0” at its Complete Integrated Aircraft Systems Test Area (Ciasta) in Mirabel, Quebec, this month, ahead of the December target for first flight of the program’s first flying prototype. Speaking during the company’s second-quarter earnings briefing last week, Bombardier president and CEO Pierre Beaudoin reported that progress toward fully integrated testing of all the CSeries systems has proceeded as expected, and that all program milestones remain intact.
Bombardier today reported aerospace revenues for the second quarter increased to $2.3 billion from $2.1 billion helped by business aircraft deliveries that grew to 46 aircraft, up from 35 in the same period last year. Business aircraft orders for the quarter were 134 versus 43 in the same quarter last year, boosted by the firm NetJets order for 100 Challengers. Bombardier Aerospace’s backlog has grown to $25.2 billion, up from $22 billion as of Dec.
Bombardier Aerospace scored another fleet order for its Global series early last month, announcing a firm order for eight of the ultra-long-range business jets from an undisclosed customer. The order consists of three Global 6000s and five Global 8000s, a deal valued at approximately $507 million based on 2012 list prices. Bombardier Business Aircraft president Steve Ridolfi said, “Sales momentum for the Global product line is strong, and we are experiencing tremendous success with the new Global 7000 and Global 8000 jets.”
A new 20-year market forecast issued by Bombardier Aerospace in late June reflects less optimism for the 20- to 149-seat commercial aircraft segment than that conveyed by the company’s projections from a year earlier. Bombardier’s latest analysis, which includes outlooks for both turboprops and jets, projects deliveries of 12,800 airplanes worth some $630 billion over the next 20 years.
Bombardier Aerospace will temporarily cease production of the Learjet 60XR later this year due to flagging demand for the $13.71 million eight-passenger twinjet, the company announced to employees at its Wichita facility late last week. Though the “production pause” will start late in the fourth quarter, “We will continue delivering Learjet 60XRs into 2013 and we will be honoring all orders for the airplane,” a Bombardier spokeswoman told AIN.
Bombardier delivered a Global 5000 to Lebanon-based Jana Aviation last week. The ultra-long-range jet will be managed by Executive Aircraft Services and based in Beirut, Lebanon. This aircraft joined a Bombardier Challenger 300 already in operation in Executive Aircraft Services’ fleet.
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 has signed a nine-year agreement with Canadian airline Jazz Aviation for its Q400 Smart Parts program. According to the manufacturer, Smart Parts provides convenient access to parts using cost-efficient inventory management.
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.