…As Honda Seeks Property, Learjet Falls Into Question

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Key Takeaways:

Honda said it does not have a site yet for the new company in the U.S. but plans to be up and running by the end of this year. Where the new company will go is sure to be a subject of intense speculation. Last Friday, the rumor mill was already churning, as The Montreal Gazette reported that Bombardier is ready to sell its Learjet division, in Wichita, and Honda was interested in the property. Bombardier officials said the Learjet division is not for sale.

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