Bombardier takes top spot for business jet production globally

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Bombardier retained its position as the world's biggest business jet manufacturer in 2022, increasing its sales even as worries persisted around a possible economic slump.

The Montreal-based company churned out 123 private planes last year, beating out for the second year in a row Gulfstream Aerospace Corp., which produced 120.

In 2021, Bombardier billed US$5.8 billion on 120 business jets, the vast majority of them Challengers or the ultra-long-range Globals -- it ended production of the storied Learjet last March. Bombardier had $4.69 billion in net debt at the end of the year, more than five times its annual adjusted earnings.

 

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Stick that in your pipe, Boeing

Can they afford to be in business or should we expect to bail them out again? $$$

Cool. Do we get our money back now?

Does that mean more government subsidies?

Yet still always looking for handouts. It's the Quebec way.

Public company

😃 the one sold to Airbus for $1 !

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Bombardier takes top spot for business jet production globally - BNN BloombergBombardier retained its position as the world's biggest business jet manufacturer in 2022, increasing its sales even as worries persisted around a possible economic slump.
Source: BNNBloomberg - 🏆 83. / 50 Read more »