Yesterday Bombardier reported a healthy overall jump in fiscal second-quarter profits to $211 million, a 53-percent leap from last year’s $138 million. Business aircraft sales–large-cabin jets in particular–accounted for 45 percent ($903 million) of the company’s $2.085 billion revenues in the second quarter; services accounted for 20 percent ($408 million) of revenues.
Korean Air has converted a letter of intent covering 10 CS300 airliners to a firm order, Bombardier Aerospace announced in late July. The transaction also includes options on 10 CS300s and purchase rights on another 10. The larger of the two C Series models, the CS300 can hold as many as 145 passengers, assuming a seat pitch of 30 inches.
ÉricMartel has been appointed president of Bombardier Customer Services and Specialized and Amphibious Aircraft. He replaces James Hoblyn, who died of natural causes while jogging on July 3. Before joining Bombardier, Martel held different senior positions in manufacturing, engineering, procurement and maintenance and overhaul within the aviation industry.
General Aviation Manufacturers Association president Pete Bunce decried President Obama’s “negative rhetoric” about the GA industry and sent a blunt message yesterday: “If you go after our customers, you go after every one of us.” His remarks came at a campaign-style rally for industry workers at the Rockwell Collins hangar in Cedar Rapids, Iowa.
Bombardier Aerospace is opening its first regional support office (RSO) in Latin America. Located in São Paulo, Brazil, it will be next to the company’s existing parts depot and authorized service facility at OceanAir Táxi Aéreo. It will be staffed with Bombardier Business Aircraft employees, including an RSO manager, a field service representative and a customer service account manager.
The news of James Hoblyn’s sudden and unexpected death at age 46–on July 3, while training for a marathon–reverberated like a shockwave throughout the aviation industry. James was at the top of his game in every regard: an effective, passionate, well liked and capable executive within Bombardier Aerospace. More important, James was a loyal and devoted husband and father to his wife, Josée, and his daughters, Emilie, Charlotte and Ashley.
James Hoblyn, who has been behind Bombardier Aerospace’s recent push to bolster its worldwide business aircraft product support, died while running on Sunday. He was 46.
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.
Bombardier Aerospace has added four field service representatives and two customer support account managers to cover Europe and South Africa. The appointments bring to 25 the total number of field service reps and customer support account managers supporting business aircraft customers in Europe.
Bombardier Aerospace (Chalet A256) announced the sale of 10 of its new Global 8000 business aircraft to charter provider VistaJet, which becomes launch customer for the type. The firm order is valued at around $650 million, bringing the European operator’s order backlog of Bombardier aircraft to $2 billion. The long-range 8000 is due to enter service in 2017.