Bombardier reveals NetJets as the buyer of 12 Challenger business jets

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Business Jets,List Prices,Investor Day

At list prices, the order was valued at $326.4 million at the time of signing, but could amount to more than $6 billion if NetJets exercises its option for...

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Ahead of its investor day on Wednesday, Bombardier said it was on track to hit its 2025 goals, which include revenue rising to over $9 billion. A maintenance issue caused the slide to fall off the 34-year-old Boeing 767 on Friday. Where it washed up was quite the coincidence.It's not easy to break into the U.S. airline industry, which is dominated by four big carriers and a sprinkling of other niche players, but that didn't scare away Andrew Levy.

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Bombardier burns more cash in first quarter to ramp up business jet productionBombardier’s revenue declined 12% in the quarter due to the delivery of less pricier aircraft. But orders for Bombardier’s jets rose 60%
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