Plans include consolidating aircraft completion to Montreal and reviewing options for underused industrial space.Ĭompany-wide, it plans to cut 1,600 positions and end 2021 with a global workforce of about 13,000, Martel said. Savings are expected to total about $100 million in 2021. It plans to generate $400 million a year in recurring savings by 2023.
In 2021, its focus is to execute its productivity actions, further mature Global 7500 production and begin to address its capital structure, Martel said. It will be offered exclusively at Bombardier’s Wichita service center.īombardier is in a transition year following the divestiture of its rail business, the final step to a business jet focus as a pure play company. The program includes a set of enhancements, including interior and exterior components, new avionics, high-speed connectivity, engine enhancements and improved aircraft maintenance costs, it said. To that end, it is launching what it calls a Learjet RACER manufacturing program for the Learjet 40 and Learjet 45 aircraft. In 2020, the company delivered 11 Learjets, compared to 12 in 2019.īombardier will continue to support the more than 2,000 Learjet aircraft flying today, Martel said. The competition has been strong with the Embraer Phenom 300, Citation CJ4 Gen2 and Pilatus PC-24. The decision was not a big surprise to analysts and experts, given low production rates of the Learjet 75 Liberty, the final Learjet in the company’s product lineup. “Wichita is a very important site for us,” Martel told reporters. It is also part of the company’s broad service network. With more than 3,000 Learjet aircraft built, “Learjet has had a remarkable and lasting impact on business aviation.”īut given the number of new entrants in the light jet segment and the challenging market dynamics, Bombardier must focus its future efforts on the more profitable Global and Challenger families, Martel said.īombardier’s Wichita site will become a Center of Excellence for special mission aircraft and continue to serve as Bombardier’s primary flight test service. “This is a decision we did not take lightly,” Eric Martel, Bombardier president and CEO, told analysts Feb. Lear set up shop in Wichita because he knew he could find the workers he needed to bend metal. The move is a blow to Wichita, which issued its first industrial revenue bonds to help Bill Lear build the facility here. In the early days, the name Learjet became generic for any private jet, as Kleenex is to tissue, Vaseline is to petroleum jelly or Velcro to hook and loop. The move brings to a close the production of the Learjet brand, which began in 1963 with the Learjet 23–the most iconic civilian jet on the market–drawing customers such as Frank Sinatra and the Rat Pack. Bombardier has announced it plans to cease production of its Learjet 75 Liberty at the end of 2021 to concentrate on its more profitable Challenger and Global brands and cut global employment as it works to reduce $400 million in costs each year. Maximum altitude ft/m: 51,000 ft (15,545 m)īaggage capacity ft³/m³: 48.00 ft3 (1.WICHITA-It’s the end of an era. The final design was completed at the Bombardier Completion Center in Montreal, Canada. VistaJet’s Brand Director Nina Flohr was the creative mind behind the customised luxury interior cabin design and on-board experience of this Learjet 60 XR.
With a certified flying altitude of 51,000 feet (15,545 m) it can cruise above the busy lower flight lanes and clear of bad weather, it also boasts an impressive cruising speed of Mach 0.81. Great efficiency and low operating costs combined with a true-stand up cabin, providing ample seated head and shoulder room, make than this an excellent choice for the business traveler. This updated model takes the legendary performance of the Learjet to a new level. The mid-sized Bombardier Learjet 60 XR is an extra-light, medium-range business jet which has the fastest time-to-climb rating in its class.
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