Speculation is growing that Bombardier Inc. is weighing the potential sale of its Learjet luxury plane franchise, even as the company insists it remains comfortable with the business.
Chief executive Alain Bellemare and his team are taking a more dispassionate view of assets than previous management, as shown by the companys recent sale of its water-bomber aircraft business to Viking Air Ltd., said Richard Aboulafia, vice-president of analysis at aerospace consultancy Teal Group.
That leads me to think that its totally on the table, Mr. Aboulafia said of a deal for Lear. Theyd love to sell it. But what price would it fetch? How could they separate out afterma…
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