Our strategic focus
Our path forward: Strategic focus on business aviation
Last year, we announced our strategic decision to focus on business aviation and to accelerate the deleveraging and strengthening of our balance sheet through the sale of our Transportation division to Alstom SA.
This transaction marks the conclusion of our turnaround and the beginning of a new chapter for our company. In the future, we will be focusing on business aircraft, where Bombardier is a strong, well-established market leader.
A market leading business
Bombardier is a market-leading, $5.4 billion business1, with demonstrated performance. For more than 30 years, Bombardier has designed, built and supported one of the largest installed bases in business jet history, which today stands at more than 4,900 aircraft. It is powered by a proud heritage, a commitment to exceptional customer service and more thousands of talented and passionate employees.
Industry leading portfolio
Having just completed a major product investment cycle, Bombardier boasts the best aircraft product line-up in the industry. Its flagship aircraft, the all new Global 7500, is the world’s largest, longest-range and most advanced business jet. In 2019, Bombardier also brought into service its new Global 5500 and Global 6500 aircraft with better than promised performance. Bombardier Aviation’s industry-leading portfolio of aircraft also includes the Challenger 350 and Challenger 650 aircraft, best-selling in their respective class, as well as the new Learjet 75 Liberty. With a $12.2 billion backlog2, the largest in the industry, we are very well positioned to compete, win, grow and create shareholder value. Bombardier delivered 142 business aircraft in 2019.
Bombardier continues its commitment to exceptional customer service, having announced major expansions to its service and support networks. We are currently executing on this growth agenda through projects around the world, including new and expanded facilities in Singapore, London and Miami.