Jefferies: 2Q Bizjet Deliveries from Top Five OEMs Ahead of Forecast | Aviation International News

Jefferies: 2Q Bizjet Deliveries Ahead of Forecast

Bombardier and Embraer boosted overall business jet shipments in the three-month period

Dassault Falcon 6X — The 6X, which was on display at EBACE 2024, had logged approximately 500 flight hours and operated close to 300 flights by the end of April. © David McIntosh

By Chad Trautvetter • Online Editor

July 16, 2024

The 151 business jet deliveries by the top five OEMs in the second quarter reported by aviation data firm Cirium were six higher than estimates by analyst Jefferies Equity Research. This was thanks to more aircraft handovers—37—at Bombardier, up from an estimated 31, and Embraer Executive Jets with 26 versus an estimated 23.

According to the Cirium data, Textron Aviation matched Jefferies’ estimate at 43 jet shipments, while Gulfstream Aerospace fell short by one at 39 aircraft and Dassault Falcon lagged with six aircraft handovers versus an estimated eight. Notably, 11 of Gulfstream’s deliveries in the quarter were for its recently certified G700—three more than previously counted by aircraft broker Hagerty Jet and analyst Baird.

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