The wealthy want business jets, even as economy softens, says Bombardier CEO
MONTREAL — Demand for private planes remains hot even as the economy cools, according to Bombardier Inc. executives. CEO Eric Martel said Thursday that
Stay updated with breaking news from Eric Martel. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
MONTREAL — Demand for private planes remains hot even as the economy cools, according to Bombardier Inc. executives. CEO Eric Martel said Thursday that
Bombardier notched slightly more deliveries last quarter than a year earlier, turning a US$302-million profit and boosting revenue by 17 per cent.
The aircraft maker is looking to boost production of private jets to 138 this year from 121 in 2022, with the assembly process on track, Bombardier executives said Thursday.
The plane maker is looking to boost production of private jets to 138 this year from 121 in 2022, with the assembly process on track.
Bombardier Inc. turned a profit in its latest quarter despite the ongoing supply chain issues plaguing the aviation sector, as the business jet maker notched slightly more deliveries at higher prices.