Montreal-based Bombardier on Thursday announced that revenues increased by 13 percent to $19.7 billion in the fiscal year ending January 31. Meanwhile, its profits nearly tripled from the previous fiscal year to $1 billion for FY2009.
Bombardier Aerospace has added a new line maintenance facility (LMF) and boosted capabilities at two existing facilities– expanding its global network of authorized service and maintenance facilities for the 12th time in the last 12 months.
Jetflite becomes the first LMF for Bombardier business aircraft in Helsinki, Finland, providing AOG assistance to customers in Scandinavia.
Bombardier Aerospace has missed its January 31 target for converting a letter of interest (LOI) for “up to” 60 C Series airliners from Lufthansa, leaving the program devoid of orders some seven months after the official launch during last year’s Farnborough Air Show. However, Bombardier and Lufthansa continue to assert that plans remain in place to convert the LOI in due course.
Bombardier Aerospace has tapped the National Institute for Aviation Research (NIAR) at Wichita State University to provide material and structural testing and certification for the new Learjet 85. NIAR will be involved in FAA certification of the all-composite midsize twinjet, ranging from small coupon sample testing to structural certification of full-scale components.
For the 12th time in as many months Bombardier Aerospace has added a new line maintenance facility (LMF), most recently in Finland. The company has also increased its capability at two existing facilities in Hong Kong and Oregon. Jetflite of Helsinki is Bombardier’s first LMF for Bombardier business aircraft in Finland, providing line maintenance support for Learjets and the Challenger 300, 604, 605 and 850.
Rich Gage, who relinquished his position as president and CEO at CBAA in October, will become a member of Nav Canada’s board of directors in April. Gage will succeed John Lawson, the former president of sales for Bombardier Business Aircraft.
Global Express operators have another option for 4C/8C inspections. Innotech Aviation now offers the major airframe inspections at its Montreal P.E. Trudeau International Airport facility.
Rich Gage has stepped down from his post as president and CEO of the Canadian Business Aviation Association (CBAA) with the expiration of his eight-year contract on August 25. Sam Barone has taken over the position.
Gander is something of a legend in the history of transatlantic aviation. Its location in Newfoundland positions it well to serve as the last or first stop on the North American continent for airplanes to gorge on fuel before or after crossing all that water. Gander also felt the brunt of the 9/11 grounding, accepting 39 heavy airliners and absorbing their 6,595 passengers and crew into a community of slightly less than 10,000 people.
On Thursday, Bombardier reported a year-over-year revenue increase of 22 percent, to $4.9 billion, in its second fiscal quarter ending July 31, thanks in large part to its aerospace division. The company’s aerospace division contributed $2.5 billion of these revenues in the quarter, up from $2.2 billion in the same period last year.