Bombardier Inc. T.BBD.A

Business aircraft utilisation ++++

[Tempo1]

From CIBC aerospace weekly

Business Aircraft Utilization Remains Up Y/Y And Above Pre-pandemic Levels

Aviation Week published business aircraft utilization data from December 2023 – February 2024.

Looking at the different operators, NetJets, Flexjet, and Vistajet saw utilization rates in the past three months better than the year prior and above pre-pandemic levels. Wheels Up and flyExclusive, however, saw utilization rates down Y/Y but still above pre-pandemic levels. Looking at operator classes, fractional operators led in the growth of utilization rates - up 6% Y/Y and up 39% vs. 2019 for the three-month period. This is followed by non-scheduled airlines with a 5% Y/Y increase in utilization and up 29% vs. 2019 levels. Aviation Week noted that the total hours for corporate operators – largest of the four classes – came to just under 880,000 hours during the three-month period. This is down 2% Y/Y but 9% above prepandemic levels. Fractional operators remain a key growth driver in the business aviation industry.

Note from Tempo1:
Flexjet utilisation 3 months is +17%  Y/Y    ( a big order could be pending)
Vista Jet  3 months utilisation is +40% Y/Y  ( an WSF negative article about the supposed weak financial position of Vista with a misunderstanding caused a 7% drop to BBD in January)

[johnney]

Flexjet has lied, when the President in last October, said, be patient something is coming soon, already five months have passed! Ido not beleiive anymore whatever news comes on concerning Bombardier, or others may say what is coming and what won't happen either!  Many have already left the boat, and some more will follow, sad but true! This is more than a problem stock, admit it or not!!