Page 28 - Eric Martel News Today

<p><span>WICHITA, Kan. (February 11, 2021) — The Learjet, which became synonymous with lifestyles of the rich and famous, is about to fade into aviation history.</span></p>

<p><span>WICHITA, Kan. (February 11, 2021) — The Learjet, which became synonymous with lifestyles of the rich and famous, is about to fade into aviation history.</span></p>

By the end of 2021 Bombardier will stop producing Learjets, a brand launched in the early 1960s by Bill Lear that quickly became synonymous with luxury travel for stars and business moguls.

Bombardier said it's phasing out the long-running Learjet jet in favor of more profitable models like the Challenger and Global.

MONTREAL - Bombardier Inc. said Thursday it will reduce its overall workforce by about 1,600 jobs as...

In Montreal, Bombardier has begun talks with unions to shrink the size of its manufacturing facility in St-Laurent.

Manufacturer signals end for aircraft after super-rich gravitate towards larger private planes

The iconic Learjet is going out of production this year. Bombardier made the "difficult decision" as it looks to cut costs and boost profits. The Learjet first

The company will focus on its Challenger and Global business jets.

MONTREAL - Bombardier Inc. reported lower-than-expected net proceeds from the sale of its rail business to Alstom, attributing the decline to the divisions lower cash generation in the fourth quarter. The company logo of Alstom at the headquarters of the leading global maker of high-speed trains, power plants and grids, in Levallois-Perret, outside Paris, France on April 30, 2014. THE CANADIAN PRESS/AP, Christophe Ena MONTREAL - Bombardier Inc. reported lower-than-expected net proceeds from the...