Bombardier Inc.

July 8, 2012 - 3:40am

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.

May 16, 2012 - 1:35pm

Bombardier Aerospace recently opened a new office in Shanghai. It is home to the Bombardier Commercial Aircraft teams working with the Commercial Aircraft Corporation of China, Bombardier Aerospace’s supply chain organization in China, and it also serves as the headquarters for the Bombardier Commercial Aircraft sales and marketing team for China and North Asia.

April 10, 2012 - 3:50pm
Bombardier Sets Up Shop in China, Mideast

Bombardier Aerospace is rapidly expanding its presence in the emerging aviation markets in Asia and the Middle East. Today, the company inaugurated its new office in Shanghai, which is now home to the Bombardier Commercial Aircraft teams working with the Commercial Aircraft Corporation of China (Comac), Bombardier Aerospace’s supply chain organization in China and the company’s commercial aircraft sales and marketing team for China and North Asia.

March 1, 2012 - 2:45pm

Bombardier Aerospace today reported revenues of $8.6 billion last year, down from $8.8 billion in 2010, while pre-tax profits slid by $52 million year-over-year, to $502 million.

February 7, 2012 - 2:15pm

Bombardier Aerospace selected Phoenix-based Aviation Performance Solutions to provide live upset recovery training as part of its Leading Edge Program offered to Learjet, Challenger and Global customers. Like its Safety Standdowns, “The Bombardier Leading Edge program promotes knowledge and skills-based training along with each individual pilot’s discipline and responsibility as essential elements of aviation professionalism and safety,” said Capt. Rick Rowe, manager of Safety Standdown programs at Bombardier.

December 1, 2011 - 4:48pm
Bombardier’s Bizjet Deliveries and Earnings Up in 3Q

Bombardier Aerospace’s third-quarter revenues rose to $2.3 billion, up from $1.8 billion a year ago, thanks to more business jet deliveries and higher net selling prices, the Canadian aircraft manufacturer said today in its quarterly financial report. Bombardier delivered 43 business jets in the quarter, compared with 31 in the same period last year. The Challenger 605 led the gains in deliveries, with 10 of the large cabin twinjets handed ove

October 3, 2011 - 9:55pm

Bombardier Commercial Aircraft president Gary Scott has left the company effective October 1, citing a desire to devote more time to his family. Bombardier Aerospace president and COO Guy Hachey has assumed Scott’s duties while the company seeks a replacement.

June 30, 2011 - 7:50am

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.

June 7, 2011 - 10:20am

Last week 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.

May 24, 2011 - 5:23am

If the business aviation industry is experiencing a recovery, it is by most indications a stumbling affair, with new markets leading the way.

In early May, JPMorgan described business aviation’s progress toward a recovery as “uneven.” In its May Business Jet Monthly report, the firm took note of a “post-recession low” in the inventory of used jets for sale, but also an overall drop in used aircraft prices.

 
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