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25 August 2009

US at list prices worth $1.5 billion

Bombardier Inc. disclosed Thursday it has lost a major order for Learjet 60XR aircraft placed in June of last year by Europe's Jet Republic, a privately-held charter operator, as conditions in the global business jet market dip to the lowest point since the post-9/11 terrorist crisis. Jet Republic had placed a firm order for 25 Learjet 60XRs, an updated version of the older Learjet 60, and had options for 85 more. If the options had been exercised, the order would have been worth $1.5 billion US at list prices. Jet Republic, a charter firm based in Lisbon, Portugal, was officially launched in September 2008 following the order placed with Bombardier. The first Learjet 60XR was to be delivered this October.


For further details visit as : http://www.canada.com/Bombardier+loses+major+order+business+suffers/1915909/story.html

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