Chad is the editor of AINalerts, AIN's daily business aviation newsletter, and is also the news editor at AIN Media Group.&nbsp;He has been writing about aviation, with an emphasis on business aviation, since 1994. Chad started his writing career at The Avion,&nbsp;the&nbsp;student newspaper at Embry-Riddle Aeronautical University in Daytona Beach, Florida, serving as editor-in-chief before graduating with a bachelor's in aeronautical science. After a stint as managing editor at Professional Pilot&nbsp;magazine, he joined&nbsp;AIN in late 1998. Chad holds a commercial pilot certificated with instrument and multi-engine ratings, and he also is a CFI/CFII. He lives and works from his home in Venice, Florida.

Online Editor

Chad Trautvetter

Bombardier Aerospace third-quarter financial results show total aerospace revenues of $1.8 billion, down from $2.1 billion for the quarter ending October 31, 2009. The total backlog as of October 31 was valued at $16.2 ­billion. The Canadian OEM delivered 33 business aircraft in the third quarter. As of October 31, there was a seven-month backlog for Learjets, an eight-month backlog for Challengers and a 24-month backlog for the Global line. According to the company, “business and commercial ­aircraft markets are still experiencing challenging conditions.” Nevertheless, said Bombardier president and CEO Pierre Beaudoin, orders were strong for the quarter, ­valued at $3.7 billion, “And we are anticipating a good [fourth] quarter.” Beaudoin said Bombardier is sticking by its ­estimate of $1 billion for development of the new Global 7000 and Global 8000. He said Learjet production is now at “the proper level for demand” though more employee furloughs will be coming in the next year.

Bombardier Sees Revenue Drop in 3Q

Bombardier Aerospace third-quarter financial results show total  aerospace revenues of $1.8 billion, down from $2.1 billion for the  quarter ending October

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