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A Mesa Airlines Bombardier CRJ-900 Passes in front of Learjet Headquarters in Wichita, KS (Photo: AirlineGeeks | Ian McMurtry)

Bombardier Posts Mixed 2020 Results, Announces Learjet Retirement

Bombardier continued its quest for stabilization following a difficult 2020, announcing numerous changes across the company as it seeks to achieve profitability. The most recent casualty will be the Wichita-based Learjet, which will cease production in the fourth quarter of 2021. Asset Disposals Generated Much-Needed Cash Bombardier’s recent asset disposals have generated significant cash on hand, growing by $3.6 billion following the sale of Bombardier Transportation to Alstom, of which the Canadian manufacturer turned over its personnel and facilities to…

Southwest Looks to Network Diversification in Third Quarter Results

On Oct. 22 Southwest Airlines announced the company’s third-quarter financial results. As expected the airline posted a large loss and continues a high level of daily cash burn as the industry continues to navigate the effects of the Covid-19 pandemic. The airline also announced a change to the passenger experience…