Bombardier is aiming for US$8.5 billion in annual revenues by 2020, driven largely by Global 7500 sales.
Business jets yield fatter margins than commercial planes; the Quebec manufacturer is staking its financial turnaround on the space.
Aerospace giant forecasts 9,000 deliveries valued at US$267 billion.
The business jet industry is enjoying a cyclical recovery, although deliveries remain below previous peak levels.
French aerospace company will manufacture keel beams at Quebec plant.
Will provide maintenance and pilot instruction for business jets in Europe.
Workers at Quebec rail plant join Kansas aerospace makers on the picket line.
Aerospace company says it will emerge from bankruptcy on its own.
Business jet manufacturer says 40% of its planes will be delivered outside Europe and the US in the next decade.
Troubled business jet manufacturer filed for bankruptcy in May
NetJets could exercise options on 175 more jets, bringing the contract’s value up to $7.3 billion.