Bombardier loses 2nd CSeries prospect in a week as Lufthansa picks Embraer

  • Bombardier (OTCQX:BDRBF) loses the second prospect within a week for its CSeries aircraft after Lufthansa (OTCQX:DLAKF) instead chose for Embraer (NYSE:ERJ) jets to renew the short-haul fleet of its Austrian subsidiary.
  • Austrian will get 17 Embraer 195 models to replace Fokker aircraft, replacing a group of aircraft that was 21 years old on average with models that are just four years old, Lufthansa said today after announcing earnings.
  • Lufthansa’s decision to favor ERJ is another blow for the Canadian manufacturer, after Qatar Airways said last week it is no longer considering the airliner.

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