Analyst: Learjet Sale ‘Increasingly Plausible’
Textron Aviation could be an “interested potential buyer for cost synergies and potential to upgrade Lear service customers to its bizjets," says analyst.
A new investment analyst report from Cowen and Company said it is "increasingly plausible" that Bombardier would divest Wichita-based Learjet to alleviate the parent company's debt load. The light jet market is also currently challenging, it noted. (Photo: Matt Thurber/AIN)