May 16, 2021

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Bombardier Inc sees 18% jump in business jet revenues

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On track to deliver between 110-120 business aircraft in 2021

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Bombardier Inc said on Monday it expects first-quarter business jet revenues to rise by 18 per cent to US$1.3 billion from a year ago, helped by improving demand for air travel.

The Montreal-based maker of Global aircraft will report results on Thursday.

Bombardier expects first-quarter business aircraft deliveries of 26 planes, the same number as delivered in the year-ago quarter, and it remains on track to deliver between 110-120 business aircraft in 2021.

The company’s full-year deliveries fell 20 per cent to 114 jets in 2020.

© Thomson Reuters 2021

Reuters

2021-05-03 09:39:56

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