Belfast Telegraph

Bombardier to deliver 40 CSeries planes next year

A C Series jet
A C Series jet

By John Mulgrew

Bombardier hopes to deliver 40 of its part-Belfast made C Series jets next year as the firm says it hopes to grow global revenue to $17.5bn (£13bn).

The Canadian-owned company released its projections for the business in 2018, and is looking ahead to 2020.

It's hoping to deliver 25 more commercial aircraft next year, than previous predictions.

It also predicts its commercial aircraft business will be in profit by 2020.

Bombardier also says it expects to deliver 35 of its CRJ and Q400 planes, which are also part-built in Belfast.

The company, which employs around 4,000 workers in Northern Ireland, said overall growth is "expected to be driven by the ramp-up of key projects at Bombardier Transportation and higher C Series aircraft deliveries".

Alain Bellemare, president and chief executive of Bombardier, said: "As we approach the halfway point of our five-year turnaround plan, we continue to meet our commitments and build a strong foundation for generating sustainable profit growth.

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"We remain very much on track to achieve our 2017 guidance, our 2018 free cashflow goal, and see a clear path to deliver on our 2020 objectives."

Earlier this year, Boeing took a challenge over the sale of Bombardier's C Series.

It claimed the planes were unfairly subsidised by the Canadian government and the firm was "dumping aircraft" by selling them below cost.

As a result, Bombardier is tying up with rival Airbus over the C Series in a bid to avoid the tariffs.

Trade union Unite is currently in the US and Canada to meet with politicians to highlight its concern over the future of Northern Ireland jobs.

Steve Turner, assistant general secretary, said: "Since our arrival in Montreal on Sunday we have met with trade unionists from across the aerospace sector."

Belfast Telegraph