Bombardier Squeezed by ATR, Embraer, Mitsubishi - Market Doubts Bombardier's Long-Term Future in Commercial Aerospace
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October 22, 2018 - by Scott Hamilton for Leeham News
Bombardier has a firm backlog of 67 Q400 turboprops. ATR has a backlog of 256 through Oct. 20, according to the Airfinance Journal Fleet Tracker.
This is an 80% market share for ATR.
Bombardier has 83 CRJ jets of all models in backlog. Embraer has 442 orders for all E-Jet models. Mitsubishi has 213 firm orders for its MRJ70/90.
This is just an 11% market share for the CRJ.
These figures illustrate why the market doubts Bombardier's long-term future in commercial aerospace.
- The Q400 and CRJ are aging aircraft designs.
- Minor enhancements don't address the underlying issues.
- New competition is squeezing BBD.