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TEXTRON has been reported as being in talks with Bombardier to acquire the Canadian company's business jet unit.

WSJ: Bombardier in talks to sell jet unit to Textron

PROVIDENCE – Textron Inc. is engaged in talks with Bombardier Inc. to purchase its business-jets division, the Wall Street Journal reported on Tuesday. A completed...
PRIVATE JET PRODUCTION has outpaced demand creating a buyers market for used jets. Above, a Citation Sovereign + from the Cessna branch of Textron Inc. / COURTESY TEXTRON INC.

Private-jet glut spurs ‘insane’ bargains for aspiring buyers

NEW YORK - Corporate-jet makers are flooding the market, spurring deep discounts for new aircraft and fueling a three-year slide in prices of used...
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