Bombardier buoyant despite trade hurdles, forecasts big demand for business jets
- Bombardier Inc., a Montreal-based aircraft maker, reported a first-quarter 2025 profit of US$44 million with revenue rising to US$1.52 billion as of March 31.
- Three months ago, the company withheld financial forecasts due to uncertainty from potential U.S. Tariffs, but it now considers the tariff situation resolved because its aircraft qualify under the United States-Mexico-Canada Agreement, avoiding the 25 percent tariff for the time being.
- Bombardier expects to produce over 150 aircraft in 2025, up from 146 last year, and forecasts revenue growth of at least seven percent to more than US$9.25 billion.
- The book-to-bill ratio slightly declined to 90 percent in the latest quarter, indicating stable but cautious near-term demand amid concerns over 25 percent U.S. Duties on steel and aluminum imports.
- Despite trade uncertainties and risks of recession, CEO Éric Martel remains upbeat, stating Bombardier and business aviation are resilient with strong market conditions supporting growth.
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