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Bombardier sees 18% jump in first-quarter business jet revenues

Kitco News

Bombardier Inc (BBDb.TO) said on Monday it expects first-quarter business jet revenues to rise by 18% to $1.3 billion from a year ago, helped by improving demand for air travel.

The Montreal-based maker of Global aircraft will report results on Thursday.

Bombardier expects first-quarter business aircraft deliveries of 26 planes, the same number as delivered in the year-ago quarter, and it remains on track to deliver between 110-120 business aircraft in 2021.

The company's full-year deliveries fell 20% to 114 jets in 2020.

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