Bombardier’s good and bad news

It was good news and bad news for Bombardier commercial aircraft last week.

The good news was that Air Canada has signed a firm letter of intent for 45 CS300s plus up to 30 options.

Deliveries are scheduled to begin in late 2019 and extend to 2022. The first 25 aircraft on delivery will replace Air Canada's existing mainline fleet of Embraer E190 aircraft.  This brings the CSeries confirmed order book up to 288, plus a large number of options with some carriers clearly holding back until they can evaluate the aircraft based on service reliability and the meeting of performance targets.

Despite the boost from the Air Canada order, Bombardier said it was continuing with its restructuring and planned to cut its workforce by about 7,000 over the next two years including 1,000 at its Belfast plant where it is the largest employer.  www.bombardier.com/en/aerospace/commercial-aircraft.html

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