Aircraft
Bombardier Scrutinizes Light Jet Market as Deliveries Slide
Globals led second-quarter delivery drop, but company executives believe they remain on target for the planned 150 business jet deliveries in 2016.

Bombardier’s business aircraft deliveries and revenues dropped in the second quarter of 2016, but executives were encouraged that the results were in line with previously announced cuts and the company remains on target for its planned 150 deliveries for the year. At the same time, though, company executives, who released second quarter results today, expressed concern to analysts about ongoing weakness in the light end of the market and said they are closely monitoring the Learjet series' position in that market.


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