Bombardier refutes analysts claims of losing ground to Embraer

Bombardier_logoAfter a well publicized article in which an analyst claimed that Bombardier will lose market share to Embraer over the neat term, Bombardier in interviews has indicated that it is unwilling to cede sales Embraer.

During interviews, Bombardier stood behind its products, including the CRJ regional jet family and noted that their aircraft are “considered the benchmark in regional jet efficiency in the category.” The company also noted that it is making progress in the growing aviation markets in Africa and Indonesia and Russia.

In spite of this, Embraer has won the majority of regional jet orders in the United States since 2012. Comparing the two companies in sales, Embraer has $4.9 billion in sales since late 2012 while Bombardier has booked $1.9 billion in sales in the same period.

The questions over Bombardier’s future came from Derek Spronck, an associate transportation analyst at RBC Capital Markets, who wrote that he expects Embraer’s market share between 2013 and 2015 will rise to 63 per cent going forward from its current level of 54 per cent.

Bombardier has delivered nearly 1,700 CRJ aircraft and has 91 aircraft in its order backlog as of June 30, 2013 which is equal to 55 months of production.