Aircraft
Bombardier Halts Learjet 85 Program
Bombardier to take $1.4 billion charge and lay off 1,000 workers with move to pause Learjet 85 program
Bombardier is pausing its Learjet 85 program, less than a year after the aircraft made its first flight.
Bombardier is pausing its Learjet 85 program, less than a year after the aircraft made its first flight.

Struggling to balance a hefty development schedule that was quickly burning cash, Bombardier is “pausing” its Learjet 85 program in a move that will result in a $1.4 billion pre-tax charge in its fourth-quarter 2014 results and the layoff of 1,000 workers this year. The decision to halt the Learjet 85 program was widely expected after Bombardier refocused its resources last year on seeing through the CSeries program and moving ahead with the Global 7000/8000 programs.


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