Aircraft
OEMs Outline Market Standing at J.P. Morgan Event

At the J.P. Morgan Aviation, Transportation and Industrials Conference yesterday, leaders from Bombardier, Cessna and Embraer provided summaries of their companies’ standing. Following are some “takeaways” from the event. “Bombardier: The switch to the Learjet 70/75 and Challenger 350 should help Bombardier shore up business jet pricing. Bombardier completed high-speed taxi testing on the Learjet 85, so first flight is very close. The advantage of composites here is primarily lower costs with fewer parts. Bombardier thinks this will eventually translate into strong gross margins for the program.”