8-Feb-2010 8:29 AM

Bombardier Aerospace delivers 302 aircraft in FY2009/10

Bombardier Aerospace announced (05-Feb-2010) it delivered 302 aircraft for the fiscal year ending 31-Jan-2010, compared to 349 aircraft deliveries in the previous fiscal year. It received 11 aircraft orders, net of cancellations, compared to 367 orders, net of cancellations, for the previous fiscal year.

Commercial Aircraft:

  • 121 commercial aircraft deliveries, "in line" with the 10% increase in commercial aircraft delivery guidance provided last year:
    • CRJ Series: 61;
    • Q Series: 60.
  • 88 commercial aircraft orders:
    • CRJ Series: 22;
    • Q Series: 16;
    • C Series: 50.

Bombardier expects that most of the deliveries of its commercial aircraft will take place in the last three quarters of FY2010/11, as a result of production rate reductions announced in 2009 and the delay in the certification and entry into service of the CRJ1000 to 2H FY2010/11. Bombardier expects FY2010/11 commercial aircraft deliveries to be down 20% year-on-year. [more]

Bombardier Aerospace:The global economic crisis which began in 2008 continued to impact the civil aviation industry throughout 2009 as conditions remained challenging. While indicators of market stabilization have started to emerge, we remain cautious as economic uncertainty still prevails. We have taken significant steps to strengthen our operations and continue to invest significantly in future programs. We strongly believe that through flawless execution and by creating a loyal customer base for our products and services, we will emerge from this crisis a stronger and more efficient company,” Guy C Hachey, President and Chief Operating Officer. Source: Bombardier Aerospace, 05-Feb-2010.

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