Bombardier has issued their thinking on the state of the Business Jet Market

BBA_2010_Market_Forecast (1)

In this, its 25th year of making business jets, Bombardier Aerospace plans to deliver 150 Globals, Challengers and Learjets by yearend, according to information provided yesterday by the manufacturer. And because the company plans to alter its fiscal year’s end to coincide with the calendar year, those deliveries are to take place over an 11-month period.

Bombardier entered the business jet business when it acquired Canadair in 1986.

Additionally, the company is planning to deliver 90 commercial aircraft this year as well. Last year Bombardier delivered 244 aircraft, 143 of which were business jets.

The delivery plans were revealed by Bombardier Aerospace President and CEO Guy Richey in an address to shareholders at a meeting in Montreal. He said that as of April 30 the company’s aircraft order backlog had reached $21.1 billion.

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