Company lost $4.9 billion in the third quarter, part of it a $1.2 billion writedown for the Learjet 85 program.
Bombardier's decision, announced October 29, to cancel the Learjet 85 comes a year-and-a-half after the all-composite midsize business jet made its first flight in April 2014. When the company "paused" the program in January, the sole flight-test Learjet 85 had logged more than 70 flights. (Photo: Bombardier Aerospace)
