Printer Friendly
The Free Library
22,719,120 articles and books

Bombardier Delivers 329 Aircraft for Fiscal Year 2004/05: Second Consecutive Year of Increased Deliveries.

MONTREAL Montreal (mŏn'trēôl`), Fr. Montréal (môNrāäl`), city (1991 pop. 1,017,666), S Que., Canada, on Montreal island, surrounded by St. Lawrence River and Rivière des Prairies.  -- Bombardier Aerospace Bombardier Aerospace is a division of the Bombardier group, with the third largest workforce (behind Boeing and Airbus) and the fourth largest in yearly delivery of commercial airplanes (behind Boeing, Airbus and Embraer).  (TSX TSX Toronto Stock Exchange (TSE before April, 2002)
TSX Transfer from Stack Pointer to Index
TSX True Space Extension

In currencies, this is the abbreviation for the Barbados Dollar.

The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
.MV.A) announced today 329 aircraft deliveries for fiscal year ended January 31, 2005. This compares to the 324 aircraft deliveries in the previous fiscal year 2003/04 (year ending January 31, 2004).

"Our ongoing investment in new aircraft platforms has begun to pay dividends and is validated val·i·date  
tr.v. val·i·dat·ed, val·i·dat·ing, val·i·dates
1. To declare or make legally valid.

2. To mark with an indication of official sanction.

 by this fiscal year's increased deliveries of the new Bombardier Learjet 40, Challenger 300 and Global 5000 business aircraft. These products are entering the market at the perfect time," said Pierre Beaudoin, president and chief operating officer Chief Operating Officer (COO)

The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president.
, Bombardier Aerospace. "In the regional aircraft segment, deliveries of our larger regional jets, the Bombardier CRJ CRJ redirects here. For other meanings of CRJ see CRJ (disambiguation)

The Bombardier CRJ (Canadair Regional Jet) is a family of regional airliners manufactured by Bombardier, and based on the Canadair Challenger business jet.
700 and CRJ CRJ Canadair Regional Jet
CRJ Chiropractic Research Journal
CRJ Commission for Racial Justice
CRJ Cylinder Reduction Jumper
900 aircraft, also increased, reflecting our customers' wish to remain with the superior operating economics of the CRJ family of aircraft."

"As we proactively manage short-term Short-term

Any investments with a maturity of one year or less.


1. Of or relating to a gain or loss on the value of an asset that has been held less than a specified period of time.
 challenges within the context of an industry in recovery, we continue to plan and make decisions for the long term to maintain our leadership position and ensure our success," he added.

Deliveries in the regional aircraft segment totalled 200 aircraft compared to 232 for the same period last year. Deliveries of the Bombardier CRJ Series reached 178 compared to 214 during last fiscal year 2003/04 and deliveries of Bombardier Q Series aircraft reached 22 aircraft compared with 18 in the previous fiscal year 2003/04. This includes delivery of 16 Bombardier Q400 aircraft, the new-generation, high-speed 70-passenger turboprop turboprop: see turbine.

Hybrid engine that provides jet thrust and also drives a propeller. It is similar to the turbojet except that an added turbine, behind the combustion chamber, works through a shaft and speed-reducing gears to turn a
 whose profitability and strong passenger appeal have been demonstrated by follow-on orders from operators such as ANA (All Nippon Airways airways Anatomy The 'pipes'–trachea, bronchi, bronchioles–through which air passes to and from the alveoli. See Small airways.  Co. Ltd.), Japan Air Commuter Japan Air Commuter Co., Ltd. (日本エアコミューター株式会社 , Horizon Air and FlyBE.

In the business aircraft segment, 128 units were delivered compared to 89 for the same period last year, an increase of 44 per cent. Fifty-one of the business aircraft delivered this fiscal year were of the newest Bombardier business aircraft: the Learjet 40, Challenger 300 and Global 5000.

One Bombardier 415 amphibious aircraft Noun 1. amphibious aircraft - an airplane designed to take off and land on water

aeroplane, airplane, plane - an aircraft that has a fixed wing and is powered by propellers or jets; "the flight was delayed due to trouble with the airplane"
 was delivered during fiscal year 2004/05 (year ending January 31, 2005) compared to three in the previous fiscal year.

The following table provides delivery totals by aircraft type.
Bombardier aircraft - Fiscal year 2004/05 deliveries

Aircraft                 Deliveries             Deliveries
                         Fiscal year 2004/05    Fiscal year 2003/04
                        (year ending           (year ending
                         Jan. 31, 2005)         Jan. 31, 2004)
Regional aircraft
CRJ200                   100                    152
CRJ700/CRJ900            78                     62
Q100/200/300             6                      9
Q400                     16                     9
Total Regional aircraft  200                    232
Business aircraft
Learjet 31A(i)           -                      2
Learjet 40               14                     4
Learjet 45/45 XR         23                     21
Learjet 60               10                     14
Challenger 300           28                     7
Challenger 604           31                     24
Global 5000              9                      -
Global Express           13                     17
Total Business
 aircraft(ii)            128(ii)                89(ii)
Amphibious Aircraft
Bombardier 415           1                      3
Grand total              329                    324

(i) Production of the Learjet 31A ended in 2003
(ii) Deliveries detailed under Business aircraft include 10 aircraft
sold to customers of the North American Bombardier Flexjet program in
fiscal year 2004/05 and six aircraft sold to customers in fiscal year
2003/04. An aircraft delivery is included in the above table when
more than 50 per cent of its fractional shares have been sold to
external customers

Recent industry figures show that general aviation posted a strong recovery in 2004 due to the continued growth of the U.S. economy. The General Aviation Manufacturers Association (GAMA Ga·ma   , Vasco da 1460?-1524.

Portuguese explorer and colonial administrator. The first European to sail to India (1497-1498), he opened the rich lands of the East to Portuguese trade and colonization.
) reported that the sharp rise in the industry's aircraft deliveries was due in part to a 14 per cent increase in business jet deliveries. Strong interest in new products such as the Bombardier Learjet 40, Challenger 300 and Global 5000 aircraft coupled with the sustained popularity of the Bombardier Challenger The Challenger is a family of mid-sized business jets produced by Bombardier Aerospace.

The original Challengers were designed by Bill Lear as the LearJet 600 and produced by Canadair
  • Bombardier Challenger 600 series : CL-600 - CL-601 - CL-604
 604 and Global Express aircraft demonstrate that Bombardier's modern, innovative business jet families are positioning the Corporation to continue increasing its market share.

For commercial airlines, the increased focus on operating economics during these tougher times has led to heightened interest in aircraft that offer best-in-class economics and benefits arising from fleet commonality com·mon·al·i·ty  
n. pl. com·mon·al·i·ties
a. The possession, along with another or others, of a certain attribute or set of attributes: a political movement's commonality of purpose.
. As airlines continue to evolve towards larger regional aircraft, and scope clauses in the U.S. airline industry are relaxed, Bombardier's 70-seat CRJ700 and 86-passenger CRJ900 aircraft, of which there are more than 200 already in operation worldwide, will continue to be market leaders in their class.

About Bombardier

A world-leading manufacturer of innovative transportation solutions, from regional aircraft and business jets to rail transportation equipment, Bombardier Inc. is a global corporation headquartered in Canada. Its revenues for the fiscal year ended Jan. 31, 2004 were $15.5 billion US and its shares are traded on the Toronto and Frankfurt stock exchanges Frankfurt Stock Exchange

The largest of Germany's eight securities exchanges, operated by Deutsche Borse AS.
 (BBD and BBDd.F). News and information are available at

Bombardier, Learjet, Challenger, Global, CRJ Series, Q Series, Bombardier 415 and Flexjet are trademarks of Bombardier Inc. or its subsidiaries.

COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion




Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Feb 21, 2005
Previous Article:Bank Mutual Corporation Announces Expansion of Stock Repurchase Program.
Next Article:Champps Entertainment, Inc. Opens Its 51st Company-Owned Champps Restaurant & Bar in Westlake, Ohio.

Related Articles
Delta Connection Orders 32 More Bombardier CRJ200 Regional Jets.
Bombardier Aerospace Maintains Regional Jet Delivery Schedule.
Bombardier Aerospace Aligns CRJ Production Rates with Anticipated Market Demand for Next Fiscal Year.
Bombardier Announces Financial Results for the Fourth Quarter and the Year Ended Jan. 31, 2005.
Bombardier Delivers 337 Aircraft for Fiscal Year 2005/06.
Bombardier Announces Financial Results for the Fourth Quarter and the Year Ended January 31, 2006.
Company Watch - Bombardier.
Aircraft News - North America.
Company Watch - Bombardier.
Company Watch - Bombardier.

Terms of use | Copyright © 2014 Farlex, Inc. | Feedback | For webmasters