At Bombardier Aerospace, revenues totalled $8.6 billion, compared to $8.8 billion last fiscal year, while EBIT totalled $502 million, or 5.8% of revenues, compared to $554 million, or 6.3%, last fiscal year. Bombardier Aerospace’s backlog increased to $22 billion as at December 31, 2011, compared to $19.2 billion as at January 31, 2011. The group recorded 249 net orders for the fiscal year ended December 31, 2011, for a book-to-bill ratio of 1.0, compared to 201 net orders, for a book-to-bill of 0.8, last fiscal year. Deliveries totalled 245 aircraft for the fiscal year ended December 31, 2011, compared to 256 last fiscal year, including 163 business aircraft, compared to 155 aircraft last year. In the market categories in which it competes, Bombardier Business Aircraft is the market leader for the 8th consecutive year, with a market share of 37% based on revenues, up from 35% last year. Bombardier Commercial Aircraft delivered 78 units in the fiscal year ended December 31, 2011, compared to 97 aircraft in the previous year.
Bombardier Aerospace expects to deliver approximately 180 business aircraft and 55 commercial aircraft for the fiscal year 2012. EBIT margin for the year ending December 31, 2012 is expected to be approximately 5%.
Subsequent to the fiscal year ended December 31, 2011, Bombardier Aerospace received a firm order for five CS100 airliners and options for an additional five CS100 aircraft from PrivatAir. Based on the list price, the firm order is valued at approximately $309 million and could increase to $636 million if all options are exercised. In addition, a firm order was placed by PT. Garuda Indonesia (Persero) Tbk. for six CRJ1000 Next Gen regional jets with options for an additional 18 aircraft. The firm order is valued at $297 million, based on the list price, and could increase to $1.32 billion should all options be exercised. The group also received an order from Ethiopian Airlines for five Q400 NextGen airliners, as well as an order from Horizon Air for two Q400 NextGen aircraft. Based on the list price, these orders are valued at $220 million.
Source and image: Bombardier
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