Bombardier records revenue of $428 million for Q2, 2023

Bombardier delivered 29 private jets between April and June 2023, one aircraft more than the same quarter last year. The Canadian plane manufacturer recently released its financial results for second quarter (Q2) 2023. Bombardier reported a revenue of $428 million recording a 19% increase as compared to the same time last year. Overall, revenues in the second quarter of 2023 rose to $1.7 billion, up 8% year-over-year. The free cash flow usage was $222 million including the spending to support the completion of the new Global Aircraft Manufacturing Centre at Toronto Pearson Airport (YYZ), due to open this year, and working capital