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Bombardier Delivers 233 Aircraft and Receives Orders for 481 Aircraft

Bombardier Aerospace announced today that it delivered 233 aircraft during the 2012 calendar year, compared to 245 aircraft deliveries in the previous fiscal year, the 11-month period ended December 31, 2011. The Company also received orders for 481 aircraft, net of cancellations, compared to 249 orders, net of cancellations, for the previous fiscal year. Bombardier’s […]

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Boeing, WestJet Celebrate Airline’s 100th Next-Generation 737

Boeing (NYSE: BA) and WestJet celebrated the 100th Next-Generation 737 to join the Calgary-based airline’s fleet Friday. WestJet began in 1996 with three Boeing 737-200s serving five cities and has grown into Canada’s largest low-fare airline serving 81 destinations across Canada, the United States, Mexico, the Caribbean and Central America. With today’s delivery of a Boeing […]

Bombardier Financial Results for the 2Q Ended June 30, 2012

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Bombardier Financial Results for the 2Q Ended June 30, 2012

Revenues of $4.2 billion, compared to $4.7 billion last fiscal year EBIT of $220 million, or 5.3% of revenues, compared to $296 million, or 6.2%, last fiscal year Net income of $182 million, compared to $211 million last fiscal year Diluted earnings per share of $0.10, compared to $0.12 last fiscal year Free cash flow […]

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WestJet Order for Up to 45 Bombardier Q400 NextGen Aircraft Goes Firm

Bombardier Aerospace announced today that the conditional order placed by WestJet, an Alberta partnership on June 28, 2012, has been converted to a firm purchase agreement for up to 45 Q400 NextGen airliners. The transaction includes 20 firm-ordered Q400 NextGen aircraft and options on an additional 25 of the aircraft. WestJet’s letter of intent to acquire these aircraft was […]

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WestJet Places Conditional Order for up to 45 Bombardier Q400

Bombardier Aerospace announced today that WestJet, an Alberta partnership, has signed a conditional order for 20 Q400 NextGen turboprops following the letter of intent to purchase the aircraft that was announced by WestJet on May 1, 2012. The transaction also includes options on an additional 25 Q400 NextGen aircraft. Based on list price, a firm […]

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Airlines may be ready to drop ticket prices

After months of steadily raising ticket prices, Canadian airlines appear to have hit a breaking point in June, when higher fares started to drag on demand. This will likely lead to lower fares in the second half of the year as Air Canada and WestJet Airlines Ltd. try to attract more customers with lower ticket […]