A record year for Bombardier Business Aircraft
The business aircraft unit of Bombardier Aerospace had its most successful year ever.
Bombardier Business Aircraft saw a remarkable level of order intake with 343 net orders compared to 191 for the last fiscal year.
The business unit obtained two of its biggest orders in its history with a firm order from VistaJet for 56 Global aircraft, valued at $3.1 billion and a firm order from NetJets for 100 Challenger aircraft, valued at $2.6 billion, based on list prices.
Even excluding these two orders and a significant order from NetJets in 2011, the business aircraft order intake still increased by 43 per cent.
The Learjet 85 aircraft program is making solid progress having achieved several key milestones. The first flight test aircraft is significantly advanced: the complete pressure fuselage, including the nose, aft fuselage and empennage have been joined, the landing gear has been installed and the wing is attached to the fuselage.
However, while we have successfully dealt with several new technology challenges, the program’s timeline has been impacted. Entry-into-service is now scheduled for summer 2014.
In 2013, Bombardier Aerospace expects to deliver approximately 190 business aircraft.