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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (17854)	5/4/2016 8:25:03 AM
From: Goose94	Read Replies (1) \| Respond to of 203019

Bombardier (BBD.B-T) the business jet market, a cash cow for Bombardier, is recovering. Bombardier remains the biggest player by number of planes sold, but could be overtaken by Gulfstream this year after deliberately scaling back production as the market slipped. Bombardier delivered 199 jets last year, but is expected to deliver 150 this year, compared with Gulfstream's 180, according to an analysis by JP Morgan. As part of a realignment of its business jet operations, the aerospace giant also halted development of a new Learjet, the 85, and delayed two new, longer-range versions of its larger Global family of business jets amid an overall corporate cash crunch caused in part by delays in getting the C Series into the air. The market peaked in 2008 at 1,136 sales before the full force of the recession hit and fell to a low of 660 in 2013 before bouncing back slightly to 689 last year. The market is closely linked to the stock market and growth in gross domestic product. One of the bright spots for Bombardier is fractional ownership for companies and wealthy people who do not want or need to own a jet exclusively.