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 announced the cessation of all Learjet series production by the end of 2021, including the discontinuation of the Learjet 85 program, refocusing its Wichita facility on flight testing and special missions.
- This strategic move is driven by intense competition in the light-jet market, allowing Bombardier to concentrate on its higher-margin Global and Challenger aircraft segments.
- The company will continue to support existing Learjet customers through service and refurbishment programs, and anticipates 2021 as a transition year with uncertain market recovery.
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