Global 7500 Deliveries Raise Revenue Tide at Bombardier
While third-quarter bizjet deliveries at Bombardier Aviation were flat year-over-year at 31 units, revenue increased due to more Global 7500 deliveries.
Though Bombardier's third-quarter deliveries were flat at 31 business jets, revenues were up slightly thanks to more Global 7500 shipments. The fourth quarter should be even better, as 10 to 15 of the ultra-long-range jets are expected to be handed over to customers in this 90-day period. (Photo: Barry Ambrose/AIN)
Though Bombardier's third-quarter deliveries were flat at 31 business jets, revenues were up slightly thanks to more Global 7500 shipments. The fourth quarter should be even better, as 10 to 15 of the ultra-long-range jets are expected to be handed over to customers in this 90-day period. (Photo: Barry Ambrose/AIN)

While business jet deliveries at Bombardier Aviation in the third quarter were flat year-over-year at 31 units, revenue increased 4 percent, to $1.558 billion, due to a more favorable mix that included two Global 7500s and the first Global 6500, it said today. The company also announced the sale of its aerostructures business to Spirit Aerosystems for $500 million, with the deal scheduled to close in the first half of next year.