The head of Bombardier Inc. says the luxury plane maker is considering a production ramp-up that could include a new plane program, as the company weighs how to spend a cash-flow surge.
Chief executive Éric Martel told analysts Thursday he’s giving “strong consideration” to capital investments that will allow the Montreal-based manufacturer to churn out more business jets.
“There’s clearly a serious potential here for us to consider increasing our rate. The backlog is strong. The demand remains strong. We want to make sure that we continue to protect our market share,” he told a conference call to discuss the company’s latest results….