ORLANDO, Fla., Oct. 16, 2018 (GLOBE NEWSWIRE) -- Bombardier Business Aircraft today announced strong order and delivery performance for the three months ending September 30, 2018. The announcement was made in conjunction with the annual National Business Aviation Association (NBAA) convention in Orlando, Florida, where the company is displaying its newly-certified Global 7500 jet, smooth-flying Global 6000 aircraft, industry-delivery-leading Challenger 350 and Challenger 650 jets, and performance-leading Learjet 75 aircraft.
For the quarter ending September 30, 2018, Bombardier led all manufacturers by delivering 31 business jets in the segments where it competes. Third-quarter deliveries include four Learjet, 20 Challenger and seven Global aircraft, bringing the year-to-date total to 96. This strong performance represents more than 70 per cent of Bombardier’s planned business aircraft deliveries for the year.
The company further announced that its Business Aircraft segment’s industry-leading backlog rose to approximately $14.3 billion as at September 30, 2018. The company also confirmed the continued growth of its services offering and international footprint.
“This quarter’s delivery and backlog performance is a true reflection of the breadth and quality of Bombardier’s second-to-none aircraft portfolio,” said David Coleal, President, Bombardier Business Aircraft. “Our Global jets top the industry in range, size and smooth ride, our Challengers are best-selling and our Learjet aircraft have the best performance in the light category.
“We are seeing strong demand for our Global aircraft family rivalled only by the continued strong performance of our Challenger franchise, which we estimate outperformed each competitors’ medium-category deliveries by a ratio of 5 to 1 or higher in the third quarter,” Coleal added.
With over 69,500 employees across four business segments, Bombardier is a global leader in the transportation industry, creating innovative and game-changing planes and trains. Our products and services provide world-class transportation experiences that set new standards in passenger comfort, energy efficiency, reliability and safety.
Headquartered in Montreal, Canada, Bombardier has production and engineering sites in 28 countries across the segments of Transportation, Business Aircraft, Commercial Aircraft and Aerostructures and Engineering Services. Bombardier shares are traded on the Toronto Stock Exchange (BBD). In the fiscal year ended December 31, 2017, Bombardier posted revenues of $16.2 billion. News and information are available at bombardier.com or follow us on Twitter @Bombardier.
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