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
- Ghana, Cote d'Ivoire resume sale of cocoa beans
- UBA unveils marketing platform for entrepreneurs
- BoG keeps policy rate at 16%
- Electric car models to triple in Europe by 2021
- Boeing to take $4.9bn hit in second quarter on 737 Max grounding
- Ghana's debt now GHS200 billion
- Gov’t urged to formulate new tax compliance rules for increased revenue
- Vodafone talks private sector relevance in SDGs at UN Forum
- Nelson Mandela Day: Barclays, ALU scholars pay courtesy call on SA High Commissioner
- Insurance industry could wield more money than banks – Rev Okosun
- Engage NIC to avoid casualties - CIIG
- Kingdom Exim Ghana, CEO awarded at Ghana Shippers Award 2019
- Enforce laws barring foreigners from retail trade - Majority Leader to agencies
- GTBank, Ria partner Zeepay to launch Ria2Mobile money transfer service
- AirtelTigo mentors 40 young aspiring entrepreneurs
