Bombardier churned out 123 private planes last year, beating out for the second year in a row Gulfstream Aerospace Corp., which produced 120
retained its position as the world’s biggest business jet manufacturer in 2022, increasing its sales even as worries persisted around a possible economic slump.
However, the Savannah, Ga.-based rival took in more revenue on its sales, at US$6.6-billion compared with Bombardier’s US$6-billion. Since selling off its remaining stake in the Airbus A220 jetliner program in 2020, the 81-year-old company focused exclusively on the burgeoning business jet market while it continued to pay down a sizable debt load.
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