The Challenger 350 is on track to enter service in the middle of this year, Bombardier Aerospace confirmed on Thursday. As of the end of last year, 75 percent of the flight-test program had been completed and the new interior was certified on December 17, the company said.
Bombardier Aerospace’s business jet division accounted for the bulk of net orders and deliveries last year at the company, according to full-year 2013 results released today. The company delivered 238 aircraft (180 business jets and 58 airliners) last year, up from 233 (179 business jets and 54 airliners) in 2012, boosting revenues by 11 percent, to $18.2 billion, and profits by $87 million, to $893 million. It expects to deliver 280 aircraft–200 business jets and 80 airliners–this year.
Bombardier Aerospace has chosen Singapore to open its newest regional support office (RSO), the Canadian manufacturer announced on Tuesday. The office is Bombardier’s fifth in the Asia Pacific region and its 21st overall.
Bombardier last night officially opened its new business aircraft service center at Singapore’s Seletar Airport. The new 92,000-sq-ft facility is the first factory-owned service center for Bombardier business aircraft operators in the Asia Pacific region.
Bombardier Aerospace booked a firm order for eight Globals–three Global 6000s, two 7000s and three 8000s–from an undisclosed customer on Friday. The transaction is valued at approximately $537 million based on 2014 list prices. “We are confident that the Global line’s strong momentum will continue in 2014,” said Bombardier Business Aircraft president Eric Martel.
Bombardier Aerospace delivered 180 business jets last year, up one from 2012. However, the Canadian aircraft manufacturer missed its 2013 guidance by 10 business airplanes, “mainly due to the transition from the Learjet 40XR and Learjet 45XR to the Learjet 70 and Learjet 75, which entered service in the fourth quarter.” The company originally expected deliveries of these revamped light jets to start in the third quarter. It shipped 29 Learjets, 89 Challengers and 62 Globals last year, compared with 39 Learjets, 86 Challengers and 54 Globals in 2012.
Bombardier Aerospace scored a flurry of orders for 58 Challenger and Global business jets worth nearly $3 billion late last month, allowing the Montreal-based aircraft manufacturer to end the year on a high note. Including these 11th-hour orders, the company sold some 310 business jets last year.
Avcorp Industries subsidiary Comtek Advanced Structures won a contract to design and manufacture the floor panels for Bombardier’s in-development Global 7000 and 8000. The company said it will start design engineering work immediately. Comtek currently supplies floor panels to Bombardier for its CRJ700, CRJ900 and CRJ1000 regional jets; Q400 regional turboprop; and in-development Learjet 85.
Iraqi national carrier Iraqi Airways has signed a firm order for five Bombardier CSeries CS300s and reserved options on another 11, Bombardier announced last month. The firm order came only two weeks after the parties announced a letter of intent at the Dubai Airshow. Bombardier places the value of the order at some $387 million based on list prices. If Iraqi Airways exercises all its options, the value would rise to $1.26 billion.
The Tianjin Airport Economic Area has signed a letter of agreement with Bombardier Aerospace to expand the Canadian manufacturer’s aircraft maintenance services in Mainland China. The agreement is a first step toward the creation of a joint venture for a maintenance facility slated to open in 2016.