Bombardier in Talks to Sell Business-Jet Unit to Textron-WSJ

[TexasMooney]

More consolidation in the biz jet segment driven by prolonged industry sales slump. Opportunities to cut cost - cut extra C suite, duplicate engineering, sales, etc. Textron avoids development costs and time to market of larger biz jets missing in their product offering.

[JRK]

Good move. Business must specialise. The "be all for all" model doesn't work. Best to be excellent at one thing that mediocre at many.