Bombardier Ceasing Learjet 60XR Production

Although Bombardier’s Learjet 60XR is still being marketed, they have temporarily halted production. They are also evaluating the positions of the 275 individuals who have been working on the plane. The Learjet 60 XR is a midsize cabin, midrange jet that will carry up to eight passengers. It has a maximum range of 2,405 nautical miles. Demand for the twinjet, retailed at $13.71 million, has recently plummeted (as well as interest in other aircraft of the light jet class).
In the first quarter, Bombardier delivered three Learjet 60 XRs; the same amount as they did in last year’s first quarter. They released a statement saying that they would honor all orders for the plane and that they would continue to deliver in 2013. While this is the case, there is no plane in place funding improvements for the 60 XR. Second quarter delivery numbers are set to be released on August 9.

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