Audio By Carbonatix
Canadian plane and train maker Bombardier Inc said on Thursday it expects to deliver 150 to 155 business aircraft in 2019.
The company said the growth will be driven by the entry-into-service of its global 7500 aircraft, which is sold out through 2021.
Bombardier also expects to deliver two new longer-range variants of its large-cabin business jets, the Global 6500 and 5500, at the end of next year, at a time when demand for corporate planes is recovering.
Sales of these new business jets will play a key role in Bombardier’s five-year turnaround plan to boost revenue and margins by 2020.
Bombardier, which is expected to host its investor day later on Thursday, also said it expects to deliver 35 commercial aircraft next year.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Mobile tech to add $290bn to Africa’s economy by 2030, GSMA says
2 hours -
South Africa’s Ramaphosa warns against scapegoating migrants for economic woes
2 hours -
Oil prices fall 5% to 3-month low on hopes Strait of Hormuz will open
3 hours -
Prince George to attend Eton College from September
3 hours -
Cadbury chocolate-owner Mondelez defends staying in Russia
3 hours -
‘We fear for our lives’ – deadline for migrants to leave South Africa looms
3 hours -
Hungary’s MPs block return of Orbán, limiting rule of PM to eight years
3 hours -
Hundreds of cats stolen for food in Vietnam rescued by police, welfare group says
3 hours -
Brazil convicts Jair Bolsonaro’s son of pursuing US help in father’s legal battle
4 hours -
Musk’s SpaceX overtakes Amazon to become world’s fifth most valuable firm
4 hours -
2026 World Cup: What would Ghana lose without Thomas Partey against Panama?
4 hours -
German broadcaster removes TV intro after Elon Musk takes legal action
4 hours -
Haaland scored twice on World Cup debut as Norway beat Iraq
4 hours -
Spurs agree ÂŁ52m Van Hecke deal with Brighton
4 hours -
World Cup: The VAR call that dumbfounded the world’s best referees
4 hours