16:26:29 EDT Thu 25 Apr 2024
Enter Symbol
or Name
USA
CA



Bombardier Inc
Symbol BBD
Shares Issued 1,443,776,625
Close 2014-07-14 C$ 3.83
Market Cap C$ 5,529,664,474
Recent Sedar Documents

Globe says Bombardier boasts new C Series sales

2014-07-15 08:27 ET - In the News

The Globe and Mail reports in its Tuesday edition Bombardier is kicking off the Farnborough airshow with new sales agreements for its C Series aircraft. The Globe's Bertrand Marotte quotes Bombardier has a letter of intent from Zhejiang Loong Airlines for 20 CS100 airliners valued at about $1.28-billion (U.S.). Meanwhile, Jordan's Petra Airlines has agreed to buy up to two CS100 and two CS300 planes. If all four aircraft are bought, list prices put the deal at about $298.4-million (U.S.). The orders follow Saturday's announcement that British lessor Falko Regional Aircraft wants to buy up to 24 CS100 aircraft. The latest round of orders is the first for the much-delayed C Series aircraft since the first quarter. The C Series is still in the testing phase. The tally for C Series orders and commitments now stands at 495, which includes firm orders for 205 units. Bombardier chief executive officer Pierre Beaudoin is sticking to his goal of booking 300 firm orders by the time of entry into service, expected in the second half of 2015, despite several delays and technical problems including engine failure. Engine-maker Pratt & Whitney has indicated the root cause of the engine failure was an oil seal.

© 2024 Canjex Publishing Ltd. All rights reserved.