Bombardier on Monday unveiled its revamped Liberty Learjet 75 corporate plane, betting that extra legroom and a lower price tag would help the Canadian company beat back competition from Embraer SA’s market leading model. Bombardier and Embraer are both turning to their corporate jet divisions for growth after shedding control of their commercial aviation programs. “It’s more space, and more performance (than competitors) with similar cost and operating cost,” Mischa Loeffler, manager for product planning at Bombardier Aviation told Reuters at Monday’s unveiling of a mock-up model of the plane for the news media. …read more
Source:: Yahoo Finance
