Shrinking Learjet Backlog ‘Not Abnormal,’ Bombardier Chief Says

A decline of more than 50% in Learjet’s backlog during the past year is unsettling but not dire, says a top executive at parent company Bombardier. Bombardier reported early this month that a wave of cancellations in 2009 shrank Learjet’s order book to six months’ worth of production on Jan. 31, the...

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