Second consecutive year of increased deliveries.
Bombardier Aerospace announced today 329 aircraft deliveries for fiscal year ended January 31, 2005. This compares to the 324 aircraft deliveries in the previous fiscal year 2003/04 (year ending January 31, 2004).
"Our ongoing investment in new aircraft platforms has begun to pay dividends and is validated by this fiscal year's increased deliveries of the new Bombardier Learjet 40, Challenger 300 and Global 5000 business aircraft. These products are entering the market at the perfect time," said Pierre Beaudoin, president and chief operating officer, Bombardier Aerospace. "In the regional aircraft segment, deliveries of our larger regional jets, the Bombardier CRJ700 and CRJ900 aircraft, also increased, reflecting our customers' wish to remain with the superior operating economics of the CRJ family of aircraft.'
"As we proactively manage short-term challenges within the context of an industry in recovery, we continue to plan and make decisions for the long term to maintain our leadership position and ensure our success, " he added.
Deliveries in the regional aircraft segment totalled 200 aircraft compared to 232 for the same period last year. Deliveries of the Bombardier CRJ Series reached 178 compared to 214 during last fiscal year 2003/04 and deliveries of Bombardier Q Series aircraft reached 22 aircraft compared with 18 in the previous fiscal year 2003/04. This includes delivery of 16 Bombardier Q400 aircraft, the new-generation, high-speed 70-passenger turboprop whose profitability and strong passenger appeal have been demonstrated by follow-on orders from operators such as ANA (All Nippon Airways Co. Ltd.), Japan Air Commuter, Horizon Air and FlyBE.
In the business aircraft segment, 128 units were delivered compared to 89 for the same period last year, an increase of 44 per cent. Fifty-one of the business aircraft delivered this fiscal year were of the newest Bombardier business aircraft: the Learjet 40, Challenger 300 and Global 5000.
One Bombardier 415 amphibious aircraft was delivered during fiscal year 2004/05 (year ending January 31, 2005) compared to three in the previous fiscal year.
Recent industry figures show that general aviation posted a strong recovery in 2004 due to the continued growth of the U.S. economy. The General Aviation Manufacturers Association (GAMA) reported that the sharp rise in the industry's aircraft deliveries was due in part to a 14 per cent increase in business jet deliveries. Strong interest in new products such as the Bombardier Learjet 40, Challenger 300 and Global 5000 aircraft coupled with the sustained popularity of the Bombardier Challenger 604 and Global Express aircraft demonstrate that Bombardier's modern, innovative business jet families are positioning the Corporation to continue increasing its market share.
For commercial airlines, the increased focus on operating economics during these tougher times has led to heightened interest in aircraft that offer best-in-class economics and benefits arising from fleet commonality. As airlines continue to evolve towards larger regional aircraft, and scope clauses in the U.S. airline industry are relaxed, Bombardier's 70-seat CRJ700 and 86-passenger CRJ900 aircraft, of which there are more than 200 already in operation worldwide, will continue to be market leaders in their class.
A world-leading manufacturer of innovative transportation solutions, from regional aircraft and business jets to rail transportation equipment, Bombardier Inc. is a global corporation headquartered in Canada. Its revenues for the fiscal year ended Jan. 31, 2004 were $15.5 billion US and its shares are traded on the Toronto and Frankfurt stock exchanges (BBD and BBDd.F). News and information are available at www.bombardier.com.
Bombardier, Learjet, Challenger, Global, CRJ Series, Q Series, Bombardier 415 and Flexjet are trademarks of Bombardier Inc. or its subsidiaries.