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.
Bombardier Aerospace’s all-composite Learjet 85 is on track to enter service in 2013, the Canadian aircraft manufacturer announced at Ebace. Development and production teams in Wichita; Montreal; Belfast, Northern Ireland; and Querétaro, Mexico, are actively engaged as work has transitioned from the detail design phase to the build, test and validate phase.
The Rockwell Collins Pro Line Fusion avionics system is “good to go,” reported chairman, president and CEO Clay Jones during an April 21 earnings call. The FAA issued the final in a series of 50 hardware and software technical standard orders (TSO) for the Pro Line Fusion in April, and Rockwell Collins is now working on a supplemental type certificate (STC) for installation in its Challenger 601 test airplane.
Looking forward to a continued recovery, Bombardier Aerospace released its annual Aircraft Market Forecasts on May 18, predicting 24,000 business aircraft deliveries from 2011 to 2030 and market-wide revenues of $626 billion.
Asked at the 1986 Farnborough airshow what market share Canadair wanted for the Challenger corporate jet, Donald Lowe said simply, “We want our third.” Lowe was chief executive designate at the government-owned aircraft company that Canadian mass-transit manufacturer Bombardier had agreed to acquire just three weeks earlier.
Bombardier has selected four additional suppliers for the new Global 7000 and 8000 business jets. The companies join General Electric Aviation, which will provide the integrated propulsion system to the aircraft.
First, France’s Aerolia will design and manufacture the center fuselage. The contract is the first major external order win for the EADS subsidiary.
Orders for Bombardier’s Challenger 850 are keeping Canadian MRO, completion and refurbishment center Flying Colours (Stand 1935) busy installing interiors in these purpose-built executive/VIP descendants of the Canadair CRJ200 regional jet.
Bombardier Aerospace is expanding the Bombardier Safety Standdown to Asia, with the first such event to be held in the region in Shanghai, China, on June 9. The standdown provides pilots, aircrew and flight departments with insight into the factors that precipitate errors in judgment and highlights ways to mitigate them.
Despite an “especially strong” fiscal fourth quarter,Bombardier Aerospace delivered 143 business jets during its fiscal year that ended January 31, versus 176 a year ago. Shipments are “essentially in line with the previously announced guidance to deliver approximately 15 percent fewer business aircraft,” according to the Canadian aircraft manufacturer.