Bombardier commercial deliveries flat in first quarter

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Bombardier delivered 13 commercial aircraft over the first quarter of this year, the same figure it achieved in the first three months of 2013, out of a total of 56.

Its aerospace division generated earnings of $93 million, down by 8%, although lower revenues of $2.1 billion meant its margin stayed flat.

The airframer secured net orders for 43 commercial aircraft during the period, including 17 Q400 turboprops, from six customers, and 16 CS300 jets from Saudi Arabia.

Bombardier has obtained 203 firm orders for the CSeries programme which, it says, “continues to make solid progress”.

Test results are “in line with our expectations”, it adds, and a fourth flight-test CSeries airframe will make its maiden flight “in the coming weeks”.

Commitments and other agreements cover a further 244 CSeries aircraft.

Bombardier landed net orders for 91 aircraft, including 46 business aircraft, over the quarter and its aerospace backlog reached a record $38.5 billion by the end of March.