Bombardier says new Learjet on track to enter service

Wed Jul 11, 2012 6:41am EDT
 
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(Reuters) - Bombardier Inc (BBDb.TO: Quote), the world's third biggest planemaker, said its new Learjet business aircraft is on track to enter service in 2013.

Work on the first Learjet 85 jet's wing internal structure is complete in Queretaro, Mexico and has been moved into the final assembly position for wing plank installation, Bombardier said in a statement.

Shares of Montreal-based Bombardier, which competes with Brazil's Embraer (EMBR3.SA: Quote), Airbus EAD.PA and Boeing (BA.N: Quote), closed at C$4.04 on Tuesday on the Toronto Stock Exchange. (Reporting by Bhaswati Mukhopadhyay in Bangalore; Editing by Maju Samuel)