deliveries?Anyone have the latest number on deliveries? Are we racing closer to 120 jets for the year? I think 125 would be a nice landing ground!
We must be down the learning curve for the 7500... which means more free cash flows. Servicing centers in global hubs, more free cash flows. That article about Vista Jet was pretty good, lots of insights into how commercial business jet operators like Flohr are thinking about the future of the biz jet market. It seems Asia is the big opportunity here and COVID has truly shifted demand. I recently came through a couple of airports when it dawned on me that being packed into boarding rooms and 70 row fuselages may not be the experience people are looking for, airport lounge, first class or otherwise. The rich want a premium experience, yes, but they also want a distanced, seperated experience. First class is not good enough for the elite and wealthy any more... going through the commoners' airport, sitting with the peasants in the boarding room, may not be what the rich are looking for. They want the ultimate exclusive experience, minimizing contact and health exposure to the masses.
Commercial business jet operators are eating up that demand. Vista Jet alone going to expand their fleet from 350 planes to more than 1,000 planes, most of which will come from Bombardier. Looks like there is, in effect, 10 years of business and backlog for Bombardier, when you add NetJets, FlexJet, Wheels Up and others to the sales funnel. I would fathom a guess and say our business jet manufacturing and marketing segment will be humming at the tune of 150 planes per year between 2025 to 2030.