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SWISS expects C Series delivery by June

Talks between struggling planemaker Bombardier and the Canadian government about financial support are “going well,” a company executive said on Wednesday as its delayed CSeries jet took another step towards delivery in the second quarter.


March 24, 2016
By Reuters

Bombardier wants $1-billion in federal aid to help finance the 110 to 130 seat jetliner, which has been hit by cash shortages and delays, after receiving the same amount from Quebec last October.

“They (the talks) are progressing well. They (the government) and we will make an announcement if we get to an agreement,” Rob Dewar, vice president & general manager of the company’s flagship CSeries program, told Reuters. | READ MORE