Bombardier’s revenues climbed by 16 percent year-over-year in 2023, topping $8 billion, as it scaled deliveries to 138 Challenger and Global business jets, the company reported this morning. Further, the Montreal-headquartered aircraft manufacturer expects deliveries to take another step up to between 150 and 155 in 2024, returning to levels not seen since 2016.

However, Bombardier expects most of that growth to come from its super-midsize Challenger 3500s this year, with Global deliveries remaining stable. Bombardier president and CEO Éric Martel said this is purely a function of balancing production in the face of supply-chain uncertainties.

“While we have everything in place to achieve our objective, I want to highlight that our delivery profile for the year is largely set by the pace at which we receive parts from our supplier,” Martel said. “We are in an environment where we continue to play the cards we are dealt versus planning an ideal production schedule.”