Order Uptick?

With the next round of financial results due out this month, a recent flurry of orders may provide a clue of continuing momentum.  Usually large-order announcements are held until the National Business Aviation Association’s meeting and convention, but both Bombardier and Cessna revealed substantial contracts Sept. 28, a month in advance of the annual industry event but also the end of their fiscal quarters.

Bombardier detailed two separate orders—from undisclosed customers—that combine in value for $800 million. One of the orders, valued at $300 million, involves four Global 6000 aircraft and one Global 8000. The second, valued at $500 million, calls for four Global 6000 and four Global 8000 jets.

Cessna, meanwhile received an order valued at $60.255 million from Canadian fractional operator AirSprint Private Aviation for at least nine Citation CJ2+ aircraft. The order was placed through Cessna’s authorized sales representative in Canada, Innotech-Execaire. The CJ2+ jets, to be delivered over the next 24-30 months, will replace AirSprint’s Pilatus PC-12 turboprop fleet.

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A Century of Aviation Week

Aviation Week & Space Technology is celebrating its 100th anniversary this year. In a series of blogs, our editors highlight editorial content from the magazine's long and rich history.

 

Aug 26, 2016
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When Aviation Week Was Accused Of Treason 23

Aviation Week editors routinely get blowback when they write about sensitive topics, and the best example of that may be an October 1957 story that revealed the U.S. had been tracking Russian missile launches from advanced long-range radar units in Turkey....More
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