by Ernest Arvai | May 27, 2021 | Aerospace |
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by Ernest Arvai | May 24, 2021 | Business Aviation |
Will we see consolidation in the business jet market as a result of the pandemic? The business jet market, which saw growth stagnate since the Great Recession in 2008, was not hit quite as hard as the airline market by the global pandemic. Nonetheless, the industry...
by Addison Schonland | May 14, 2021 | Aerospace |
Guess who’s 30 years old today? May 14, 1991, was the first flight of the Canadair Regional Jet (CRJ). Here’s the Press Release from that memorable day. The PR notes: “The Canadair Regional Jet is the world’s only twin-engined jetliner in the...
by Ernest Arvai | Mar 29, 2021 | Bombardier |
Bombardier announced the delivery of the 50th Global 7500 today, following a successful production ramp-up in 2020. The company delivered 35 Global 7500s in 2020, including 16 in the fourth quarter, and expects continued growth in deliveries with the positive market...
by Ernest Arvai | Mar 4, 2021 | Bombardier |
Bombardier provided forward-looking financial guidance to investors earlier today, and the company is planning a turnaround in its fiscal health by 2025. Revenues are projected to grow from $5.6B in 2020 to $7.5B in 2025, with an EBITDA of $1.5B in 2025 versus $0.2B...
