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Bombardier Inc (2)
Symbol BBD
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Close 2026-04-17 C$ 267.00
Market Cap C$ 23,516,487,444
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Globe says Ford chickens out on Bombardier jet purchase

2026-04-20 09:14 ET - In the News

The Globe and Mail reports in its Saturday edition that Ontario Premier Doug Ford is selling his private government jet just two days after the purchase was revealed publicly. The Globe's Laura Stone writes that the preowned 2016 Challenger 650, made by Bombardier, cost $28.9-million. It was previously owned by a South American company. The purchase was finalized last week and revealed on Friday. The decision to buy a jet for the Premier's travel set off a wave of criticism across the political spectrum, with opposition members nicknaming it the gravy plane -- a reference to the Toronto mayoral campaign slogan of Mr. Ford's brother, the late Rob Ford, who pledged to stop the gravy train at city hall. In a statement on Sunday, Mr. Ford said he had heard the public's concerns. "Despite the best of intentions, I have heard and agree that now is not the right time for the expense of a government plane. The province is working with Bombardier and other partners to sell the plane as quickly as possible," he said. On Friday, Mr. Ford's office had defended the decision, saying the plane was necessary for "more certain, flexible, secure and confidential travel," citing the Premier's trips across the province and beyond.

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