Bombardier’s revenues dipped by 12%, to $1.3 billion, as it handed over two fewer aircraft in the first quarter, the Montreal-headquartered manufacturer reported today. But at the same time it racked up 60% more in orders in the quarter year-over-year, helping to push up backlog by $700 million, to $14.9 billion, and resulting in a book-to-bill of 1.6:1. Additionally, the company's aftermarket revenues grew by 13%, to $477 million, following its upward trend as it has significantly grown its footprint globally.
In all, Bombardier president and CEO Éric Martel cited the “great performance demonstrated by our team” and added that the company “came flying out of the gates in 2024.” The deliveries “follow our plan for the year,” as the company adjusted its shipment profile to meet supply-chain challenges. “Our focus during the first half of the year is to build our inventory to deliver high volumes of aircraft in the second half,” he said.
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