Wings Magazine

Bailout for Bombardier still needed despite Delta deal

With Bombardier's deal to sell its new CSeries jets to Delta Air Lines, one might think that the aerospace manufacturer no longer needs the billion dollars it is seeking from the federal government.

May 2, 2016  By CBC News

The Montreal-based company announced on Thursday that it had received an order from Delta for 75 CS100 aircraft with options for an additional 50 — a deal, at list prices, potentially worth $5.6 billion.

It also comes as the Liberal government considers a request from Bombardier for $1 billion in funding, the same amount the Quebec government has already pledged. | READ MORE


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