Bombardier, a leading aerospace company, has reported burning more cash as its inventory rises to support the ramp-up of its business jet production. This news comes as the company faces challenges in managing its cash flow amidst increasing demand for its business jets.
The increase in inventory is a strategic move by Bombardier to meet the growing demand for its business jets. However, this has resulted in higher cash burn as the company invests in building up its inventory levels to support the production ramp-up.