Bombardier Reports first quarter 2021 financial results

Bombardier business jet revenues during the first quarter of 2021 totalled $1.3 billion, an 18% year-over-year increase. This increase was mainly driven by an improved mix of large-cabin aircraft deliveries, including eight Global 7500 aircraft. Total aircraft deliveries in the quarter equalled 26, in line with expectations and the company’s full-year delivery targets. Order activity in the quarter was strong, resulting in a book-to-bill ratio of greater than 1.0. bombardier says that it expects robust sales activity and positive market trends to continue into the second quarter. “In our first quarter as a pure-play business aviation company, Bombardier delivered solid