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.
Have your say
More Business Headlines
- Jubile House to be powered by Solar energy from August
- Tax exemption policy growing menace to fiscal stability, revenue generation – Akufo-Addo
- Africa needs to implement continental strategy on technology – Fidelity MD
- Oil hovers near 2019 highs amid OPEC cuts
- Tullow Ghana deepens its local content agenda through maiden mentorship program
- Pressure on cedi backed by real demand by businesses – ACI
- GCIC entrepreneurs generate over $1 million in revenue
- Silver Star Auto unveils Mercedes-Benz ambulances in Ghana
- Local steel industry touted as backbone of Ghanaian economy
- Banking sector reforms: Fiscal and macroeconomic costs - 2
- Ghana drops five points on latest Consumer Confidence Index
- SME's exposed to cyber security threat – Expert warns
- UMB to support importers, exporters take advantage of int’l market
- IT Consortium becomes first FinTech in Ghana to be ISO 27001:2013 certified
- Chinese hackers are ramping up attacks on US companies