Bombardier expects to turn free cash flow positive next year, targets revenue of US$7.5-billion by 2025 Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account
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Paul Chiasson/The Canadian Press
Bombardier Inc. was pushed to the brink of bankruptcy largely by the risk it took developing new jets. Now, it is betting it can pivot toward a much lower-risk future by reaping the returns from past investments.
The Montreal-based plane maker on Thursday laid out a strategic game plan for the next five years that will see the company pay down debt, cut costs and push to capture more business, not only from selling jets but servicing them.
Posted : 2021-03-01 14:45
Updated : 2021-03-02 10:08
The first prototype of South Korea s indigenously developed next generation fighter jet KF-X is being assembled at the Korea Aerospace Industries (KAI) headquarters in Sacheon, South Gyeongsang Province, Feb. 24. Courtesy of Defense Acquisition Program Administration
By Jung Da-min
SACHEON, South Gyeongsang Province ― South Korea is set to roll out the first prototype of its indigenously developed next-generation fighter jet, widely known as the Korean Fighter eXperimental (KF-X) aircraft, late next month.
A total of six prototypes are in the final stages of assembly at the Korean Aerospace Industries (KAI) headquarters in Sacheon, Gyeongsang Province. Test flights will be carried out next year, following ground testing after the April roll-out.
Re: IAF veteran designs fighter jet-themed cufflinks & tie pins
Thanks for sharing and letting us know about the presence of such a website. I have a craze for high-quality keychains and T-BHP store is out of stock for Key chains. Been checking it daily.
I also happen to have a fascination for fighter jets for their sheer speed abilities and massive torque figures. I also used to make cardboard airplanes of MiG29 using a PDF template which can be printed & cut. They fly brilliantly if made with care. (You can find the template
Coming back to the topic, I did order a MiG 29 Keychain from the site and it was delivered to Hyderabad in 2 days straight. I was skeptical about quality as the website did not have many pictures. But once I ve had my hands on the actual product, I m very satisfied, to say the least.
February 2021 214 Canadian planemaker Bombardier has announced that its best-selling Challenger 350 aircraft was the most-delivered medium category business jet in 2020, thus making it the category leader for a seventh consecutive year. As detailed in the recently released General Aviation Manufacturers Association’s (GAMA) annual shipment and billings report, Bombardier also outpaced competitors by delivering 44 aircraft in the fourth quarter of 2020. This accomplishment was driven by a record 16 Global 7500 business jet deliveries in that timeframe, it stated. A global leader in aviation, creating innovative and game-changing planes, Bombardier said its comprehensive family of business jets firmly positions it to respond to the growing interest in private aviation and the enhanced safety they provide during these exceptional times.