Bombardier Aerospace Maintains Revenue Market Share
Leadership as Business Aircraft Deliveries Continue at
Record Pace
NEW ORLEANS, LOUISIANA--OCTOBER 9, 2000 - 12:44 EDT
National Business Aviation Association
Nine-month deliveries surpassing last year's record pace
Bombardier Aerospace announced today that deliveries for the first
nine months of the calendar year* are significantly ahead of last
year's record performance. This record activity again positions
Bombardier as the market share leader in business aircraft.
The world's third-largest civil airframe manufacturer reported a
total of 162 business aircraft deliveries for the nine months
ending Sept. 30, 2000, an increase of 34 units over the 128
aircraft delivered in the same period a year earlier.
"Having already delivered 162 aircraft in the first nine months,
we are clearly on track for another record performance," said Rob
Gillespie, president, Bombardier Aerospace, Business Aircraft.
"Last year's superb year for our Business Aircraft organization -
a year in which we delivered 173 aircraft - clearly established
Bombardier as the revenue leader in corporate aviation."
In particular, the U.S. market remains very strong, showing growth
in all areas of corporate aviation. "We are seeing strong
interest in aircraft related services ranging from completions, to
training and maintenance through our Bombardier Aviation Services
network.
"Our company's sales success provides the financial resources to
offer the most complete family of business aircraft products,
complemented by the widest range of value-added services and a
growing international support network," said Mr. Gillespie.
"Delivering this package in a seamless, fully integrated manner
enables our customers to leverage these strengths to achieve more
with their business aircraft investments. Our theme this week,
'It's all about doing more,' reflects both our customer focus and
our commitment to helping our customers attain an even greater
measure of success," he observed.
/T/
Aircraft delivery highlights:
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Category Model 9-month 9-month
Deliveries Deliveries
2000 1999
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Light Jet Learjet 31A 22 20
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Super-Light Jet Learjet 45 62 31
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Mid-Size Jet Learjet 60 25 24
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Large Jet Challenger 604 28 31
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Ultra Long-Range Global Express 25 22
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Total 162 128
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/T/
Business jet deliveries remained strong across the Bombardier
Aerospace product family, with year-over-year increases in four of
five product categories.
Particularly noteworthy are the company's deliveries of Learjet(R)
45 super light jets which doubled, to 62 aircraft, over the same
nine-month period a year ago, including the 100th Learjet 45
aircraft which is on display at the annual meeting and convention
of the National Business Aviation Association (NBAA) this week in
New Orleans.
In addition, factory deliveries of Bombardier Global Express(R)
ultra long-range aircraft also continued strong during the nine
months. Eighteen of these exceptional aircraft are now in
customer service, performing very capably, with an overall
dispatch reliability of 98.15 per cent.
Bombardier Aerospace, a unit of Bombardier Inc., is the leading
business, regional and amphibious aircraft manufacturer. With
full design and production capabilities in three countries, it
offers the most comprehensive families of turboprop and regional
jet aircraft and the widest range of business jets. It also
provides the Flexjet fractional business aircraft ownership
program, technical services, aircraft maintenance and pilot
training for business, regional airline and military customers.
Bombardier Inc., a diversified manufacturing and service company,
is a world leading manufacturer of business jets, regional
aircraft, rail transportation equipment and motorized recreational
products. It is also a provider of financial services and asset
management. The Corporation employs 56,000 people in 12 countries
in North America, Europe and Asia, and more than 90 per cent of
its revenues are generated outside Canada. Bombardier's revenues
for its fiscal year ended Jan. 31, 2000, totalled Cdn$13.6
billion.
* Note to editors: Bombardier Inc. formally reports its financial
results, including aircraft deliveries, on quarters based on its
January 31 fiscal year end. The information presented herein is
provided for comparative purposes only and has not been audited. |
