Bombardier sees 18% jump in first-quarter business jet revenues

Bombardier sees 18% jump in first-quarter business jet revenues

Logo of Bombardier is seen in Zurich
FILE PHOTO: Logo of Bombardier is seen at an office building in Zurich, Switzerland February 28, 2019. REUTERS/Arnd Wiegmann

MONTREAL, Canada: Bombardier said on Monday (May 3) it expects first-quarter business jet revenues to rise by 18 per cent to US$1.3 billion from a year ago, helped by improving demand for air travel.

The Montreal-based maker of Global aircraft will report results on Thursday.

Bombardier expects first-quarter business aircraft deliveries of 26 planes, the same number as delivered in the year-ago quarter, and it remains on track to deliver between 110-120 business aircraft in 2021.

The company's full-year deliveries fell 20 per cent to 114 jets in 2020.

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