In its annual earnings report for 2020, presented on February 11, 2021, Bombardier’s leadership announced the cessation of production for the Learjet series in Wichita, Kansas. The Montreal, Quebec-based company will refocus its facilities in Wichita towards flight test and special missions aircraft. With the end of major aircraft manufacturing there, the Learjet 75 model will cease production by the end of 2021, and the Learjet 85 program will be discontinued.
Bombardier Will End Learjet Production By End of 2021
Key Takeaways:
- Bombardier is ceasing production of its Learjet series by the end of 2021, refocusing its Wichita facilities on flight test and special missions aircraft.
- This strategic shift aims to concentrate on higher-margin, larger business jet segments (Global and Challenger series) and expand services due to intense competition in the light-jet market.
- Despite ending new production, Bombardier commits to continued customer support, completing existing orders, and enhancing service and refurbishment programs for Learjet aircraft.
- The company views 2021 as a transition year with projected deliveries of 110-120 units, following a difficult 2020, but acknowledges uncertainty about a full recovery to pre-pandemic sales levels.
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