Bombardier Aerospace, a unit of Bombardier Inc. (BBD-A.TO, BBD-B.TO), said that it has terminated its firm and conditional order purchase agreement with Jet Republic in respect of all aircraft. The order for 110 Learjet 60 XR aircraft, consisting of 25 firm orders and 85 conditional orders, to Jet Republic was originally announced on June 20, 2008.
Bombardier remains committed to the Learjet 60 XR program and production of the aircraft at its Learjet facility in Wichita, Kansas, continues as planned. In service since July 2007, the Learjet 60 XR combines the extraordinary value and high-speed of its predecessor, the Learjet 60 aircraft, with a state-of-the-art avionics suite, restyled modern cabin environment including swift broadband capability as of fall 2009.
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