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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (17380)	4/15/2016 10:51:48 AM
From: Goose94	Read Replies (2) \| Respond to of 202904

Bombardier (BBD.B-T) is in final discussions with U.S. carrier Delta Air Lines on an order for as many as 125 of the planes, deal being discussed is for a firm order for 75 planes and options on another 50. A firm order for that number of planes would be worth about $6.3-billion (U.S.) at list prices. A firm order for the 75 planes would be the largest single order for the plane and a huge boost for the C Series, which is Bombardier's attempt to enter the narrow-bodied segment of the large commercial jet market, where it has run up against heavy discounting from the entrenched duopoly of Airbus and Boeing. The C Series is more than two years behind its original delivery schedule and more than $2-billion over budget. One industry source said that Delta has likely picked up the 40 firm orders for the larger CS-300 airplane that were being held by Republic Airways Holdings, which went into Chapter 11 bankruptcy protection earlier this year. Delta is offering to provide debtor-in-possession financing for Republic.