Bombardier in Talks to Sell Business-Jet Unit to Textron-WSJ
Thread Starter
Join Date: May 2019
Location: Sugar Land, TX
Posts: 3
Likes: 0
Received 0 Likes
on
0 Posts
Bombardier in Talks to Sell Business-Jet Unit to Textron-WSJ
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.
