How Bombardier is cashing in on business elite's love affair with private jet travel
Publishing timestamp: 2024-04-12 10:30:01
Summary
Bombardier shed its transportation portfolio to focus solely on business jets, which has proven to be a successful strategy. The company has seen growth in revenue and earnings, reduced debt, and expanded free cash flow. Despite some skepticism from investors, Bombardier is on the right track for continued success in the business jet market.
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Keywords: aerospace and defense industry, breaking news: business, textron inc, transportation, bombardier inc, airlines, montreal, wheels up experience inc, berkshire hathaway inc, boeing co, air travel, business news,