Bombardier 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.
The Montreal-based company churned out 123 private planes last year, beating out for the second year in a row Gulfstream Aerospace Corp., which produced 120.
In 2021, Bombardier billed US$5.8 billion on 120 business jets, the vast majority of them Challengers or the ultra-long-range Globals -- it ended production of the storied Learjet last March. Bombardier had $4.69 billion in net debt at the end of the year, more than five times its annual adjusted earnings.
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