Bombardier expects to turn free cash flow positive next year, targets revenue of US$7.5-billion by 2025 Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account
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Paul Chiasson/The Canadian Press
Bombardier Inc. was pushed to the brink of bankruptcy largely by the risk it took developing new jets. Now, it is betting it can pivot toward a much lower-risk future by reaping the returns from past investments.
The Montreal-based plane maker on Thursday laid out a strategic game plan for the next five years that will see the company pay down debt, cut costs and push to capture more business, not only from selling jets but servicing them.