Bombardier Inc will lose US$32M for each CSeries built in 2016-17: analysis
FP / Leeham have some numbers on CSeries financials:
Bombardier Inc. will lose US$32 million on each of the first 50 CSeries aircraft it builds, meaning the program will continue to bleed billions of dollars through at least 2018, according to a new analysis by U.S. aviation consultancy Leeham Co.
It’s normal for an aircraft manufacturer to lose money on the first several planes it builds, as production costs are highest at the beginning of a program and an all-new aircraft such as the CSeries is often priced aggressively to lure customers.
However, Bombardier lost control of the program’s timing, meaning it’s now stuck dealing with high costs at a time of weakening revenues.
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Bombardier Inc will lose US$32M for each CSeries built in 2016-17: analysis | Financial Post