Aircraft
Earnings Soar, but Bombardier Cautious on Jet Delivery Ramp
Bombardier's earnings jumped by 220 percent in 2021 as the company emerged as a pure-play business jet maker and is seeing continued order strength.
Bombardier delivered 39 Global 7500s in 2021 as it approaches the 100th delivery overall. (Photo: Bombardier)
Bombardier delivered 39 Global 7500s in 2021 as it approaches the 100th delivery overall. (Photo: Bombardier)

Despite a fourth-quarter that saw fewer aircraft deliveries year-over-year, Bombardier beat guidance last year with revenues and earnings up 7 percent and 220 percent, respectively, as business jet shipments totaled 120, the company reported this morning. Further, the Montreal-based manufacturer is making plans to ramp up deliveries “a tiny bit” this year and by as much as 15 to 20 percent in 2023.