Troubled smartphone group BlackBerry has confirmed that it took delivery of a private jet in July, just months before it announced thousands of job cuts and said it expected to make an operating loss of almost $1 billion in the second quarter.
The company said it had ordered a used Bombardier Global Express jet this year to replace its two older Dassault planes, which it purchased several years ago.
This type of plane, which carries between 15-19 passengers, typically costs more than $20 million, according to the Financial Times.
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The purchase comes despite the Canadian company – which once dominated the smartphone market – battling to keep up with rivals such as Apple and Samsung, which have steadily eaten away at its market share.
"The company considered several options and selected a used Bombardier aircraft, which was eventually delivered in July," the company said in a statement.
"In light of the company's current business condition, the company has decided to sell that aircraft along with the two legacy aircraft and will no longer own any planes."
On Friday, the struggling company announced second-quarter preliminary earnings and revenue that came in below analyst expectations.
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