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
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.
The ninth annual Latin American Business Aviation Conference & Exhibition in São Paulo, Brazil, will be the site for an expanded Bombardier Aerospace Safety Standdown Latin America. The two-day seminar will take place August 13 and 14 at the Grand Hyatt São Paulo Hotel.
Bombardier Aerospace closed its Farnborough International Airshow order book last Thursday by announcing a firm order for six Q400 NextGen turboprops by Chorus Aviation of Halifax, Nova Scotia, the parent company of Jazz Aviation. The transaction, valued at $189 million, involved the conversion of six of 15 options taken by Jazz Aviation in 2010. The aircraft will be operated under the Air Canada Express banner.
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.
It seems that much discussion is still under way at Bombardier as to whether or not it should launch a stretched, 90-seat model of its Dash 8 Q400 Next Gen turboprop.
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 has a tentative 12th customer for its new CSeries jetliner, the Canadian airframer’s commercial aircraft president Mike Arcamone announced at the Farnborough International show site yesterday. The new and as-yet-unidentified customer has placed an undefined “conditional order” for five 100- to 125-passenger CSeries 100s and five 120- to 145-seat CSeries 300s, nominally valued at about $1 billion.