Bombardier Stock Stable Amid Learjet Safety Inspections
Shares of Bombardier, the Canadian business aircraft manufacturer, remain stable amidst safety inspections of its Learjet aircraft. This comes after the National Transportation Safety Board (NTSB) recommended urgent safety checks for ten models of the Learjet.
Safety Inspections for Learjet Models
The NTSB’s recommendation targets the main landing gear’s attachment. It urges operators to verify that gear is properly secured. This directive affects approximately 1,883 Learjet planes currently in operation.
Background of the Safety Notice
This recommendation follows an investigation into a fatal incident on February 10 in Scottsdale, Arizona. A Learjet 35A was involved in a runway accident, linked to prior cases where landing gear detached due to improper installation of a retaining bolt.
Performance of the Bombardier Learjet 35
The Bombardier Learjet 35 can carry up to eight passengers and is noted for its long-range capabilities. It can fly up to 2,056 miles nonstop, while the Learjet 35A version features a maximum range of 2,789 miles due to its enhanced fuel capacity.
Impact on Bombardier’s Business
This safety alert arrives at a challenging moment for Bombardier. The company has witnessed a rebound in business travel recently, which positively influenced its financial performance. Data from SAP Concur indicates that 15% of business travel bookings in the first half of 2025 were directed toward U.S. destinations. Furthermore, nearly 80% of incoming business trips to the U.S. were from Canada.
- Q2 revenue: $2 billion
- Year-over-year increase in service revenues: 16% ($590 million)
- Stock price increase: over 110% in 2023
While the recent safety issues could affect public and buyer confidence, swift action could mitigate potential negative impacts. Bombardier is well-positioned to navigate these challenges if responded to promptly.
