There is no doubt that first class has been on a steady decline, as airlines are in the process of slowly phasing out the most expensive seat on board. But will private jets, and in turn business aviation, make sure that first class does not make a comeback?...
Bombardier has just given a major boost in its investment into business aviation part of the company. The Canadian manufacturer came to a definitive agreement to acquire the Global 7500 wing program from Triumph Group. The move poses a question whether Bombardier has already made a decision to drop commercial jet division with its only remaining CRJ series program in favor for business aviation....
What was to be a regular quarterly earnings report, turned into a stunning announcement for the global aviation industry, when on November 8, 2018, Bombardier revealed it would sell two of its businesses, including the aging Q400 aircraft program, and cut 5,000 jobs across the board. With the CSeries and the QSeries now out of the manufacturer’s portfolio, only the CRJ regional jets remain. Will Bombardier end up being exclusively a busines...
Bombardier has announced that it hired Toronto-Dominion bank to find a buyer for its Downsview site. This 375 acre facility is located in the North York district, in central Toronto, and includes a 7.000 foot runway. Bombardier has announced that it was only using about 10% of the facility and would like to part with this “underutilized asset”....
_crop.jpg "Bombardier to buy Global 7500 aircraft wing program")
