The iconic Learjet is going out of production this year. Bombardier made the "difficult decision" as it looks to cut costs and boost profits. The Learjet first hit the market in 1963 and sold more ...

Over decades, Learjet expanded its line up to include popular six- and eight-passenger models like Learjet 24s, 25s, 31s and 35s. Bombardier acquired the Learjet Corporation in 1990 and expanded ...

Learjet, the private plane brand made famous by stars like Frank Sinatra, is halting production later this year. The brand’s owner, Bombardier, said Thursday it will concentrate on its more ...

Bombardier announced an exit from it’s iconic Learjet production later this year. The company has been telegraphing this through neglect for years.

Bombardier said it will continue to support the Learjet fleet, and existing jets will fly for many more years. Most of the projected job losses for Montreal-based Bombardier will occur in Canada ...

Since Bombardier last certified the Wichita-built Learjet 70 and 75, competitors have certified at least a dozen new or upgraded business jets, and the Montreal-based company has no plans in the ...

Learjet, the private plane brand made famous by stars like Frank Sinatra, ... Bombardier also announced a loss of 1.1 billion Canadian dollars (about US$866 million) in 2020.

Bombardier's newest private jet, the Learjet 75 Liberty, was just delivered to its first customer. The new flagship of the Learjet program offers better performance than its predecessors with a ...

Currently up for grabs is Bombardier Inc.’s Learjet business. And just as in 2013, Textron seems to be the hands-on [...] Business aviation appears headed for further—and much needed ...

Bombardier, which acquired the Learjet business in 1990, delivered just 11 to customers last year. Niraj Chokshi covers the business of transportation, with a focus on autonomous vehicles, ...

Canada’s Bombardier announced Thursday that it will stop production of the Learjet later this year to focus on more profitable planes. That means the elimination of 1,600 jobs in Canada and the ...