Flexjet Frax Claims Small Profit

 - October 25, 2006, 6:23 AM

Bombardier’s fractional operation, Flexjet, said last month that after a decade it has turned the corner and is making money. Based on year-end projections, it will be an extremely thin margin, but a gain nonetheless. Founded in 1995, Flexjet currently has a fleet of 80 Learjets and Challengers.