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Strategies & Market Trends : Dino's Bar & Grill

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To: Andrew~ who wrote (19023)	6/16/2016 7:55:11 AM
From: Goose94	Read Replies (1) of 203376

Bombardier (BBD.B-T) has won regulatory approval from European aviation authorities for the smaller of its two C Series planes as it prepares to deliver the aircraft for its first commercial flight next month. Bombardier received certification from the European Aviation Safety Agency for the CS100 model. Such certification is required before any newly developed airliner enters into operation. The aircraft will carry its first paying passengers on July 15 with Swiss International Air Lines AG. Swiss will fly the CS100 in a 125-seat configuration as a replacement for its existing Avro RJ100 planes. Buoyed by a sale of 75 C Series planes to Delta Air Lines in April, Bombardier is now pushing to add other customers to its order book. Observers question how the manufacturer will handle demands for steep discounts similar to the ones offered to Delta. The plane maker estimates it will build 255 to 315 C Series aircraft from 2016 to the end of 2020. The CS100 has been certified by Transport Canada. That eases the certification process for other countries with which Canada has bilateral aviation safety agreements.

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