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Bombardier Aerospace: Results of the Fiscal Year

Bombardier Aerospace: Results of the Fiscal Year

An Exceptional Year for Bombardier Aerospace in Terms of Deliveries and Orders: 361 Aircraft Delivered and 698 Orders Placed in Fiscal Year 2007/08. Bombardier announced that it delivered 361 aircraft for the fiscal year ended January 31, 2008. This represents an increase of more than 10 per cent over the 326 aircraft deliveries in the previous fiscal year. Additionally, the Company received 698 aircraft orders compared to 363 for the same period during the previous year.

Bombardier Business Aircraft saw an increase in deliveries and orders, resulting in a record year. In fiscal year 2007/08, Bombardier delivered 232 business jets, compared to 212 for the same period last fiscal year.

An intake of 452 orders, compared to 274 for the previous year, represents a book-to-bill ratio of 1.95. In the fourth quarter alone, Bombardier received orders for 154 business aircraft compared to 117 orders last year.

This fiscal year, a significant growth in demand for Bombardier business jets from major emerging markets, such as Russia and Asia, tipped the balance over the previously dominant U.S. market and progressively shifted demand for business jets to international markets. In fiscal year 2007/08, approximately 30 per cent of business jet orders came from the U.S.

/ Новости