Kerry Lynch stepped into the role of editor of the&nbsp;Aviation International News&nbsp;monthly magazine in May 2022 after serving with&nbsp;AIN&nbsp;for eight years. She joined&nbsp;AIN&nbsp;in December 2014 as a senior editor covering Washington and business aviation news. She has also served on Convention News teams, including as editor of&nbsp;HAI Convention News. Lynch previously spent 25 years with Aviation Week. During her time there, she reported for and later steered&nbsp;The Weekly of Business Aviation, oversaw business aviation content on the&nbsp;Aviation Week Intelligence Network, served on the&nbsp;Show News&nbsp;staff, and held roles as the Washington columnist for&nbsp;Business &amp; Commercial Aviation&nbsp;and&nbsp;Overhaul &amp; Maintenance&nbsp;monthly magazines. In 2021 she was honored with the National Business Aviation Association Platinum Wing Award for lifetime achievement in journalism and was the 2004 recipient of the National Air Transportation Association’s Aviation Journalism Excellence Award. She also has been a recipient of an Aerospace Media Award for business aviation (2022) and NBAA Gold Wing Award (2003, 2024). Lynch graduated from The Ohio State University with a bachelor of arts in journalism.

Editor, AIN monthly magazine

Bombardier manufactures a variety of business aircraft models, provides engineering, and aircraft maintenance services.

Kerry Lynch

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.
In addition, Bombardier executives said during the third-quarter results analyst call that despite supply-chain challenges, the company remains on track for meeting its full-year guidance of at least 138 aircraft deliveries. “We have a good line of sight for the fourth quarter, and everything is in place to deliver greater than 56 aircraft with some already behind us,” said Bombardier president and CEO Éric Martel.
Bombardier CFO and executive v-p Bart Demosky noted that in anticipation of this ramp-up, the airframer had built up an inventory of parts through the first nine months as it worked its way through the supply chain.
“When you look at what is going on across the industry, you won't be surprised to hear me say that the supply chain continues to put a considerable amount of pressure on our operation,” Martel conceded. But while the supply-chain base is still incurring disruptions, Bombardier has built up a team to catch those issues early on.
“Our team is very agile and is able to react to identify problems before they escalate,” he maintained. “Thanks to their proactiveness, we have been very successful in mitigating challenges and keeping our delivery projection on track.”
The executives were also buoyed by the fact that despite the increase in deliveries, the company was able to maintain a book-to-bill ratio of 1.1:1, with backlog steadying at $14.7 billion, compared with $14.6 billion at the beginning of the year.
Demosky said the company had a pipeline stretching 18 to 24 months across its product line including its flagship Global 7500, which recently reached the 150th delivery milestone. Martel was also encouraged by the activity pipeline for future orders as the fourth quarter continues and said it is across a diverse base, including possible fleet and/or defense deals.
While deliveries have increased, so have aftermarket revenues, as Bombardier continues to benefit from the extensive expansion of its in-house services network. Aftermarket accounted for $414 million in revenues, an 11 percent increase. In addition to crediting expanded capacity, Martel noted that flying hours, particularly among its fleet operators, have increased, driving a need for more maintenance.
As for profitability, the company saw its adjusted EBITDA increase by 36 percent to $285 million. While posting a third-quarter net loss, Bombardier remains on the positive side, at a net profit of $230 million, compared with a $389 million loss through the first nine months of 2022.
“Bombardier’s third-quarter results are nothing short of impressive, whether you look at margins, cash generation, overall revenues, order activity, and more,” Martel said. “When we reshaped Bombardier, we set out to build a resilient business that performs in any marketplace. Today, our results demonstrate we are there.”

News and developments about airplanes, helicopters and unmanned air vehicles used in all varieties of operations, including airlines, military, business, commercial, general aviation and private.

Bombardier Deliveries, Revenues Jump in Third Quarter

Deliveries were up by six and revenues by 28 percent

Bombardier delivered 31 aircraft in the third quarter and expects that to increase to at least 56 in the fourth quarter of the year, the company reported.

2024 Corporate Aviation Leadership Summit

Charlotte Bailey

News and issues about aviation maintenance, repair and overhaul (MRO), covering all segments of the aviation industry; and modifications for aircraft and engines. Subjects include product support of aircraft, engines and avionics, MRO company mergers, acquisitions, announcements and personnel, Airworthiness Directives, Supplemental Type Certificate approvals and other topics.

News and information on safety procedures and concerns.

News and issues relating to the aerospace industry that are related to the science, engineering and business of flight in space involving civil, industrial and military applications, and similar topics related to flight in the atmosphere of the Earth that are not covered more directly by other AINonline subject channels. In other words, both astronautical and aeronautical subjects, except for those aeronautical topics that are specifically covered elsewhere on this website.

ATR 72 aircraft performs pre-modification flight in Toulouse

Kepplair Starts Converting ATR 72 Into Water Bombers

Curt Epstein

News and issues relating to business, corporate and private aviation, primarily regarding turbine-engine-powered airplanes and helicopters. Subjects include aircraft, engines, maintenance, operations, personnel, acquisitions, accidents, safety, security, and training.

Only the piston aircraft segment posted a decline

GAMA: Bizjets, T-props, and Rotorcraft Deliveries Up

Hanneke Weitering

Two captains held the prototype 33 feet above the water for 30 seconds

Regent Flies Electric Seaglider with Crew for First Time

News about bills, laws, regulations and other governmental decisions affecting aviation and aerospace. Topics include FAA re-authorizations, taxes on fuel and aviation activities, environmental legislation, ICAO decisions, governmental mediation of labor conflicts and World Trade Organization disputes and decisions.

Icing approval would open year-round service to northern communities

Horizon Begins Icing Tests for Cavorite X7 eVTOL

Deal to close this year

Bombardier To Grow Manufacturing Capacity with MHICA Buy

David Donald

Essential news and analysis on the defense aerospace business. Your trusted source for new and ongoing programs and requirements in military aircraft (manned and unmanned), engines, avionics, weapons and associated systems, including ground-based air defense.

The two NATO allies will purchase seven of the tanker/transport aircraft

Spain and Poland Agree to Buy A330MRTT Tanker Transports

News and developments about aircraft engines, including turbofan, turboprop, turboshaft and piston.

News and issues relating to international air transport and cargo carriers, national airlines and regional airlines, including aircraft, engines, personnel, acquisitions, accidents, safety, security and training.

GE Aerospace has tested the GE9X, Leap 1A, Leap 1B, and more with the 747.

GE Aerospace Flies Boeing 747 To Test New Engine Tech

Charles Alcock

News about commercial airlines, including regulations, aircraft orders, safety, acquisitions, and mergers.

News about environmental issues relating to aircraft operations, including noise issues, emissisions, and regulations. See Fuel for biofuel.

In this article

Global 7500 and 8000

Bombardier

More In Aircraft