Analysts: Bombardier's Bizjet Unit Could Be Sold | Aviation International News

Analysts: Bombardier's Bizjet Unit Could Be Sold

Business aviation analysts Brian Foley and Rolland Vincent believe financial woes at Bombardier could lead to the sale of its business jet division.

Two business aviation analysts said Bombardier might sell off its business aviation division due to financial woes. (Photo: Matt Thurber/AIN)

By Chad Trautvetter • Online Editor

January 23, 2020

After warning about worse-than-forecast earnings, a reassessment of its partnership with Airbus on the A220, and pursuit of alternatives to pay down debt, Bombardier could “take an existing page out of their old playbook…and sell yet another business unit,” specifically its business jet division, posits business aviation analyst Brian Foley. While it wouldn’t be a "seller’s market" for Bombardier's business jet division,” Foley said there would likely be several potential suitors.

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