Bombardier Global 7000 to boost fortunes

Bombardier’s flagship Global 7000 is due to enter service next year. The aircraft flew for the first time last November and is expected to receive certification in early 2018. Speaking during the Canadian manufacturer’s investor day, Bombardier Business Aircraft president David Coleal estimated that the company’s revenues would climb by some $3 billion between 2018 and 2020. He also noted that all delivery positions for the new model are sold out through to the end of 2020. In a wide ranging analysis of Bombardier’s business aircraft strategy, it was made clear that the company sees substantial growth in revenues from maintenance and service provision. It is estimated that the threshold of 5,000 Bombardier business aircraft in service will be reached by 2020 and that this should realise a near doubling of after-sales revenues.

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