Business Aircraft Outpaced Commercial, But Not By Much

Bombardier Aerospace announced Friday that it delivered 302 aircraft for the fiscal year ending January 31, 2010, compared to 349 aircraft deliveries in the previous fiscal year 2008/09 (year ending January 31, 2009). It received 11 aircraft orders, net of cancellations, compared to 367 orders, net of cancellations, for the previous fiscal year. Against the backdrop of an aviation industry continuing to struggle in the current difficult economic environment, Bombardier Aerospace’s considers this to be a solid performance.

“The global economic crisis which began in 2008 continued to impact the civil aviation industry throughout 2009 as conditions remained challenging,” said Guy C. Hachey, President and Chief Operating Officer, Bombardier Aerospace. “While indicators of market stabilization have started to emerge, we remain cautious as economic uncertainty still prevails. We have taken significant steps to strengthen our operations and continue to invest  significantly in future programs. We strongly believe that through flawless execution and by creating a loyal customer base for our products and services, we will emerge from this crisis a stronger and more efficient company,” he added.

Bombardier CL 600

Bombardier delivered 176 business jets, in the just-completed fiscal year, compared to 235 for the same period last year, and in line with the 25 per cent decrease in business aircraft delivery guidance provided in 2009. Business aircraft deliveries for the current fiscal year 2010/11 are expected to be approximately 15 per cent less than fiscal year 2009/10.

Bombardier CRJ 700 LR

At the same time,  Bombardier delivered 121 commercial aircraft, compared to 110 for the previous fiscal year. This is in line with the 10 per cent increase in commercial aircraft delivery guidance provided last year. Bombardier expects that most of the deliveries of its commercial aircraft will take place in the last three quarters of the current fiscal year 2010/11 as a result of the production rate reductions announced in 2009 and the delay in the certification and entry into service of the CRJ1000 aircraft to the second half of fiscal year 2011. Compared to the previous fiscal year, the corporation expects to deliver approximately 20 per cent fewer commercial aircraft in fiscal year 2010/11.

Bombardier 415

The company delivered five amphibious aircraft, and the order book shows 8 net orders for amphibs.

FMI: www.bombardier.com