Gulfstream Overtakes Bombardier In Bizjet Revenue

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Key Takeaways:

  • Gulfstream surpassed Bombardier in business jet sales revenue during the second quarter of 2013, generating $1.83 billion, primarily driven by deliveries of its flagship G650 aircraft.
  • In the same period, Bombardier recorded $1.59 billion in sales revenue, despite selling more aircraft (45 vs. Gulfstream's 36).
  • Bombardier expressed confidence in its ability to reclaim the top spot by the end of the year, stating that being "No. 1 is still within our reach."
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Tucked in the GAMA numbers for the second quarter of 2013 was the revelation that Gulfstream has overtaken Bombardier as the world leader in business jet sales revenue. The first deliveries of Gulfstream’s flagship G650, which sells for about $65 million, vaulted the Savannah planemaker into the lead with sales of $1.83 billion from April through July. Bombardier took in $1.59 billion from April to July but the company doesn’t intend to stay in second place for long.

Bombardier spokeswoman Annie Cossette told the Globe and Mail that the company’s prospects are good for the rest of the year.I wont speculate what position well have until the end of the year but we do believe that No. 1 is still within our reach, Cossette said. To reach the podium, Gulfstream sold 30 of its G450, 550 and 650 large-cabin aircraft and six smaller 150 and 280 models. Bombardier sold14 Global 5000/600, 11 Challenger 605, 16 Challenger 300 and four Learjet 60XR in the same time period.

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