News
Delta Air Lines, Bombardier close on C Series deal: source
Bombardier Inc. is near an agreement to sell as many as 75 C Series jetliners to Delta Air Lines Inc., a person familiar with the talks said, a deal that would be the largest to date for its struggling aircraft program.
April 18, 2016 By Bloomberg News
Delta also is seeking options for 50 more of the single- aisle jets to replace some of the oldest and smallest planes in its fleet, said the person, who asked not to be named because the talks are private. The carrier’s potential commitment for 125 of the carbon-fibre aircraft would equal about half the total orders Bombardier already has in hand.
A victory would be all the sweeter for Bombardier, if it prevails, because Delta is one of the industry’s most influential aircraft buyers and planemakers Airbus Group SE, Boeing Co. and Embraer SA also have been in contention. The Canadian manufacturer would have to chop prices to overcome some of the high costs to Delta of adding a new model, such as retraining pilots and stocking up on spare parts, said George Ferguson, senior analyst for aerospace and airlines at Bloomberg Intelligence. | READ MORE
