Flush With Cash, Bombardier Mulls New Plane as Part of Potential Production Ramp-Up
The head of Bombardier Inc. says the luxury plane maker is considering a production ramp-up that could include a new plane program, as the company weighs how to spend a cash-flow surge. Chief executive Éric Martel told analysts Thursday he’s giving “strong consideration” to capital investments that will allow the Montreal-based manufacturer to churn out […]
TL;DR
- Bombardier Inc. is considering a production ramp-up for its luxury planes.
- A new plane program is being evaluated as part of the potential increase.
- The company is assessing how to utilize a cash-flow surge.
- CEO Éric Martel is giving strong consideration to capital investments for increased business jet production.
- The decision is influenced by a strong backlog and continued demand, aiming to protect market share.