Bombardier Business Aircraft delivered 163 jets last year, including 24 Learjet 70/75s, 62 Challenger 350s, 26 Challenger 605/650s and 51 Global 5000/6000s. This was down from 199 jets in 2015—32 Learjets, 68 Challenger 300/350s, 25 Challenger 605s, one Challenger 850 and 73 Globals.

The Canadian aircraft manufacturer expects to deliver 135 business jets this year, "mainly reflecting an adjustment to volumes of the Learjet family of aircraft. Delivery profiles for the Challenger and Global families of aircraft are generally expected to continue from production levels set in the later part of 2016,” according to its 2016 annual report issued today. While a spokeswoman told AIN that the company can’t provide a breakdown of expected 2017 deliveries by product family, this comment in the report hints at the possibility that Learjet deliveries could be in the single digits this year.

Alain Bellamare, president and CEO of parent company Bombardier, said he believes that the business jet market will bottom out this year and expressed optimism that 2018 will be an “inflection year” for Bombardier Business Aircraft. He noted that the 114 gross orders at the division last year handily beat the net loss of 24 orders in 2015 (mainly due to the cancellation of the Learjet 85). Business jet book-to-bill was 0.7:1 last year and the backlog ended the year at $15.4 billion, almost $2 billion less than the year-ago period.