Story ID: 
Bombardier Snags 10-aircraft, $452M Deal
By: Kerry Lynch
Caption: Bombardier's latest announced contract, from an undisclosed customer, for 10 business jets valued at $451.8 million is its largest for the year.
Word Count: 192
Bombardier received its largest business jet order for the year thus far with a 10-aircraft deal valued at $451.8 million, according to current list prices, the Montreal manufacturer announced yesterday. Bombardier did not disclose the customer nor did it discuss the order mix, citing “competitive reasons.” But based on the amount cited, such a contract would support the purchase of three Challenger 350s, five Global 5500s, and a pair of Global 7500s, for instance.

“Our portfolio ideally responds to the growing interest in private aviation, with spacious, high-performing aircraft that are designed to offer the best passenger experience in terms of convenience, comfort, air quality, and a smooth ride,” said Bombardier president and CEO Éric Martel.

The latest order provides further evidence of a strengthening market after last year’s pandemic-related malaise. Martel told analysts in May he was encouraged by improving order activity that had started slowly in January but picked up notably in February and March and carried into the second quarter. Bombardier had achieved a book-to-bill ratio exceeding 1:1 in the first quarter. It plans for deliveries this year to remain roughly flat from 2020 totals.