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Bombardier expects business jet deliveries to begin gradual recovery this year

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globalnews.ca

The company noted that its outlook assumes the continued successful rollout of COVID-19 vaccines, a gradual lifting of international border restrictions and a continued economic recovery.Bombardier recently completed a restructuring of the company that included the sale of its commercial aircraft and railway divisions.The company says it intends to use the proceeds from the sale of Bombardier Transportation to pay down debt with a priority on near-term maturities..

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