Bombardier Deliveries Lag While Work Progresses On CSeries

Bombardier Aerospace commercial deliveries continue to lag, down by almost half so far this year as the company begins testing on the new CSeries line in preparation for first flight this year. The airframer delivered 22 commercial aircraft in the first six months of the year, nearly half the 43 delivered in the fiscal first half of 2011. In the second quarter, deliveries fell to 15 from 20 in 2011. Bombardier says the decrease in deliveries is due to “lower production rates to reflect current demand.” In addition, some deliveries were pushed to the second half of the year. Bombardier expects to deliver 55 commercial aircraft this year ...