The ‘Covid’ factor – Q3 deliveries slide

The OEM delivery figures for the third quarter of 2020 clearly demonstrate the scale of the impact that the Covid-19 pandemic has unleashed on the aviation sector.

Brazil’s Embraer Executive Jets delivered 21 aircraft in Q3 – three Phenom 100, 16 Phenom 300 and two Praetor 500 – compared to 27 in the same period last year. In terms of an annual tally, the manufacturer’s total is down by some 20 aircraft – 43 against 63 in the first nine months of 2019.

Savannah-based Gulfstream Aerospace handed over 38 aircraft in Q3 2019. This year it delivered 32 units in the same period – seven G280 and 25 large cabin G500/G600 and G650 – a fall of 15.8%. Year to date totals saw the manufacturer deliver 87 aircraft compared to 103 by the end of Q3 last year. It does however still expect to hand over 130 aircraft by the end of the year.

Wichita-based Textron Aviation, manufacturer of Cessna and Beechcraft branded aircraft,delivered 25 Citation jets and 21 corporate turboprops in Q3, compared to 45 and 39 respectively last year. The manufacturer also recorded a quarterly loss of USD29 million on USD795 million revenue against a profit of USD104 million on USD1.2 billion revenues in Q3 last year.

Canada’s Bombardier delivered 24 bizjets in Q3, down from the Q3 2019 tally of 31. On a positive note, this quarter’s figure includes 13 large cabin Globals, up from nine in the same period last year. The delivery of these large aircraft helped revenues during the three months to grow by 10% to USD1.225 billion. Year to date, the manufacturer has delivered a total of 70 aircraft (31 Globals, 32 Challengers and seven Learjets) compared with 90 a year ago – 33 Globals, 48 Challengers and nine Learjets.

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