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Bombardier reports business jets in hot demand — especially among charter companies

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Bombardier reports business jets in hot demand — especially among charter companies $BBD.B

In the quarter ended June 30, the plane maker boosted revenue by eight per cent year over year on the back of 29 jet deliveries and a big leap in income from repairs and parts replacement for some of the 5,000-odd Bombardier planes that ply the skies globally.

Nonetheless, it turned up a net loss of $35 million, due in part to “professional fees” related to the sale of Bombardier’s rail business in January 2021, the company stated.

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