Bombardier Ready to Compete in the Big Biz Jet Market

by Matt on May 30, 2010

Bombardier’s new CSeries business jet will bring the company into direct competition with Airbus and BoeingThe Wall Street Journal’s Peter Sanders sat down with Bombardier’s Chief Executive Pierre Beaudoin (grandson of the company’s founder) to talk about this new jet and current business jet market conditions. Bombardier tried for years to launch the CSeries until it had enough orders and now, with 90 orders on the books, Bombardier will have the big jet in production before Airbus and Boeing get their respective competing models updated. Analysts expect this to be an advantage for the $20 billion a year company.

For more of the interview, visit The Wall Street Journal.

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