Online Editor

Chad Trautvetter

Second-quarter revenues at Bombardier Business Aircraft increased 6 percent year-over-year&nbsp;to $1.38 billion&nbsp;as the company delivered 35 business jets, up one unit from a year ago, parent company Bombardier Inc. announced today. Earnings, however, fell 22 percent, to $84 million, mainly due to production ramp-up of its flagship Global 7500.

 


Aircraft shipments in the three months that ended June 30 consisted of two Learjets, 17 Challengers, and 16 Globals, compared with two Learjets, 20 Challengers, and 12 Globals in second-quarter 2018. According to Bombardier Inc. president and CEO Alain Bellemare, two Global 7500s were delivered in the second quarter, bringing the year-to-date tally to three. He said the company will hand over a total of 15 to 20 Global 7500s by the end of the year and will further ramp up production of the 7,700-nm twinjet next year.

 


The company recorded a 1.2:1 book-to-bill ratio for business jets in the second quarter and its total backlog has swelled by $1 billion year-to-date, to $15.3 billion. Aftermarket sales also grew by 3.6 percent during the quarter, reflecting a focus started last year to increase service revenues.

 


Meanwhile, Bellemare said the Global 5500 and 6500 are “on track” for certification and service entry by year-end.

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