You are here: Home » Reuters » News
Business Standard

Bombardier revs up aftermarket business to hit revenue growth target

Reuters  |  Montreal 

By Allison LampertMontreal (Reuters) - With its new long-range business jet just preparing to take flight, Bombardier is banking on sales of new products and maintenance packages to help it drive promised double-digit revenue growth for its aftermarket service business this year.Bombardier, which considered bankruptcy in 2015 after facing a cash-crunch, is in the middle of an aggressive turnaround plan that leans on the delivery of its new long-range, Global 7000 business jet to achieve a 25 percent jump in total company revenues to $20 billion by 2020, compared with 2017. But with demand now ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Fri, March 09 2018. 22:27 IST