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Bombardier Aerospace delivers 245 aircraft and wins orders for 249 aircraft in 2011
Jan 24, 2012
Aircraft, Engines & Components, Business Aviation
Executive & VIP Aviation InternationalBombardier Aerospace has announced that its deliveries and orders results for the 11-month fiscal year which ended 31st, December 2011.
Despite a volatile economic environment that continued to create uncertainty in many sectors around the world, including the aerospace industry, Bombardier Aerospace put in a solid performance. For the 11-month period ended 31st, December 2011, Bombardier delivered 245 aircraft compared to 256 aircraft deliveries in the previous fiscal year (1st, February 2010 to 31st, January 2011). This delivery total is essentially in line with the 240 aircraft delivery guidance that was provided in February 2011 although with a different mix of aircraft.
For the 11-month period ended 31st, December 2011, Bombardier received 249 aircraft orders, net of cancellations, compared to 201 orders, net of cancellations, for the previous fiscal year.
On 30th, November 2011, the Corporation's Board of Directors approved the change of financial year-end from 31st, January to 31st, December, effective 31st, December 2011. As a result, the fourth quarter ending 31st, December 2011 contains two months and the annual period ending 31st, December 2011 contains 11 months of Bombardier Aerospace's results.
Business Aircraft: For the 11-month period ended 31st, December 2011, Bombardier delivered 163 business jets, compared to 155 for the previous fiscal year. During this same 11-month period, the company received 191 net orders for business jets, compared to 107 for the previous fiscal year.
Commercial Aircraft: For the 11-month period ended 31st, December 2011, Bombardier delivered 78 commercial aircraft, compared to 97 for the previous fiscal year. During this same 11-month period, the company received 54 net orders for commercial aircraft, compared to 93 for the previous fiscal year.
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