Aircraft
Bombardier Deliveries, Revenues Jump in Third Quarter
Deliveries were up by six and revenues by 28 percent
Bombardier Global 7500 over ocean (Photo: Bombardier)
Bombardier executives say the company's backlog stretches 18 to 24 months across its product line including the Global 7500, which recently reached the 150th delivery milestone. (Photo: Bombardier)

Bombardier experienced a 28 percent year-over-year jump in third-quarter revenues as deliveries increased across its medium-sized and large models to a combined 31 units, the Montreal-headquartered aircraft manufacturer reported today. At the same time though, Bombardier posted a net loss of $37 million for the quarter as it continues to navigate through its debt repayment.

Revenues for the quarter ended on September 30 reached $1.9 billion, compared with $1.5 billion a year earlier. Deliveries, meanwhile, were up by six units, comprising 16 Challengers and 15 Global models. This represents an increase of four Challengers and two Globals over third-quarter 2022 deliveries.