Aircraft
Bombardier Outlines Plan for Improved Profitability
The company has taken moves in anticipation of a slower bizjet market near-term as part of larger "transformation" plan for all of its businesses.

Bombardier is preparing for dampened revenue next year with Global 5000/6000 production cuts and expectations of a slightly down or flat market over the next two years. David Coleal, president of Bombardier Business Aircraft, told investors on November 24 that the company has “right-sized” production and expects rates to remain flat – barring major market changes – through 2018.  The company is eyeing growth at that time, with the anticipated introduction of the Global 7000.


Loading…