Learjet, the private plane brand made famous by stars like Frank Sinatra, is halting production later this year. The brand’s owner, Bombardier, said Thursday it will concentrate on its more ...

Learjet, once a symbol of luxury that musicians sang about, will end production this year. Share full article A prototype Learjet 23 executive jet on a test flight, in 1964.

Learjet, the sleek private jet used by celebrities for decades, is ending production this year, following a slump in demand due to competition from newer and less-expensive rivals.