Bombardier Marks Exceptional Delivery Year

Bombardier Aerospace delivered 361 aircraft and took in 698 orders during its Fiscal 2007/08 ended January 31. This represents an increase of more than 10 percent over the 326 aircraft deliveries in the previous fiscal year, said Bombardier, which added the 698 aircraft orders compared to 363 for the same...

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Bombardier Aerospace delivered 361 aircraft and took in 698 orders during its Fiscal 2007/08 ended January 31. This represents an increase of more than 10 percent over the 326 aircraft deliveries in the previous fiscal year, said Bombardier, which added the 698 aircraft orders compared to 363 for the same period during the previous year. The company highlighted the fact its regional aircraft division showed a significant increase in regional aircraft orders and fourth consecutive year of increased Q-Series deliveries. In addition, its business aircraft division experienced the fourth consecutive year of increased orders and deliveries which lead to a record level of orders and deliveries.
"This has been an excellent year for orders and deliveries at Bombardier Aerospace,” said Pierre Beaudoin, president and chief operating officer. “Our business aircraft unit, in particular, reached historic highs in orders and deliveries, mirroring an upsurge in the global industry. Add to this significant demand for our regional aircraft - particularly larger regional jets and turboprops - and Bombardier continues to be well positioned today and in the future.”

Regional Aircraft
In fiscal year 2007/08, Bombardier delivered 128 regional aircraft, compared to 112 from the same period last year - an increase of approximately 14 percent. Reflecting the continued shift in demand towards larger regional jets and turboprops, 47 Q400 aircraft were delivered in fiscal year 2007/08, compared to 31 for the same period last year. Fifty-six CRJ900/ CRJ900 NextGen aircraft were delivered in 2007/08, compared to 50 for the previous fiscal year.
Orders rose significantly year-over-year with an intake of 238, compared to 87 for the previous year, representing a book-to-bill ratio of 1.86. In the fourth quarter alone, Bombardier received orders for 51 regional aircraft, compared to 21 orders last year.

Business Aircraft
For the fourth consecutive 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 increase of approximately 9 per cent. For the fourth year in a row, Bombardier has maintained its leadership with 26 per cent of the market share on a revenue basis. *
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.