Bombardier CEO Says Plane Maker Has Cash to Develop Jets
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Bombardier Inc. said it has the financial resources to cover the costs to develop its Global 7000 and 8000 business aircraft and the CSeries jetliner.
“These products will deliver revenue and cash flow as they enter into service,” Chief Executive Officer Pierre Beaudoin said in an interview in Davos, Switzerland. “We have the liquidity -- and we can demonstrate that -- to deliver our plan.”