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Bombardier cancels Learjet 85 business jet program

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Bombardier has cancelled the Learjet 85 business jet program due to the lack of sales following the prolonged market weakness, the cash starved Canadian plane maker announced on October 28. Earlier, company has announced a pause for the program in January 2015. As a result, a $1.2-billion charge was recorded in special items in the third quarter of fiscal year 2015, mainly related to the

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