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Bombardier poised to recoup big CSeries order, as Russian client nears deal

  • Bombardier’s (OTCQX:BDRAF, OTCQX:BDRBF) third-biggest CSeries customer is close to securing financing for its order, which would salvage a deal that once seemed risk of falling apart due to Western sanctions against Russia, Financial Post reports.
  • Moscow-based Ilyushin Finance said today that it is nearing a deal with lenders to finance its order for up to 49 of the jetliners, provided it can first sign an agreement with an airline that wants to operate the aircraft.
  • Separately, a high-ranking European executive at Bombardier’s train-making division has been dismissed from the company, as reports say the departure is linked to recent bribery allegations involving the company.

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