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Bullboard - Stock Discussion Forum Bombardier Inc. T.BBD.A

Alternate Symbol(s):  BDRPF | T.BBD.PR.B | BDRXF | T.BBD.PR.C | T.BBD.PR.D | BOMBF | BDRAF | T.BBD.B | BDRBF

Bombardier Inc. is a Canada-based manufacturer of business aircraft with a global network of service centers. The Company is focused on designing, manufacturing and servicing business jets. The Company has a worldwide fleet of more than 5,000 aircraft in service with a variety of multinational corporations, charter and fractional ownership providers, governments and private individuals. It... see more

TSX:BBD.A - Post Discussion

Bombardier Inc. > Global jet capital report
View:
Post by clubhouse19 on Feb 22, 2023 1:17pm

Global jet capital report

Worth a read and look at the increase in backlog total for 3 OEM .

You will likely have to register to get the report

https://www.globaljetcapital.com/in-the-news


  Flight operations were a bright spot for the business aviation market in 2022. Flights were 12 percent higher than in 2021 and 19.1 percent higher than in 2019. Increases were driven by existing customers returning to business aviation even as new customers who had entered the market during COVID-19 continued to utilize business aviation throughout the year. The strong value proposition of business aviation (including flexibility, productivity, and comfort) during a period of continued COVID-19 outbreaks and disruptions to commercial travel drove customers to the market.vi

The number of flights during Q4 declined slightly, dropping 2.6 percent compared to Q4 2021 and 4.2 percent from Q3 2022. The number of flights was 17.8 percent above 2019, however, demonstrating that the demand for business aviation has continued at a higher plateau than pre-COVID levels. Much of the decline was driven by operations in Europe, as consumers and businesses cut travel in the face of high energy prices. In addition, many business aircraft fleet operators reached full capacity in 2022, capping how many additional flights they were able to make. vii

Heading into 2023, areas of potential growth for flight operations include increased private and business usage and increasing demand in Asia Pacific and the Middle East. viii

Comment by bicente on Feb 22, 2023 1:29pm
business flying is through the roof right now , everyone wants to keep away from each other more than ever ... I travelled  on a Boeing 787 recently and every business class seat was sold outright to paying custmers whereas just a few years ago (before covid) many of those seats would be filled with airline workers flying for free but getting upgraded for free ...nowadays those airline ...more  
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