- Bombardier (OTCQX:BDRAF, OTCQX:BDRBF) is in the final stages of completing a deal to sell up to 125 CSeries jetliners to Delta Air Lines (NYSE:DAL), in what would be a major victory for the struggling Canadian company, Dow Jones reports.
- A final agreement for 75 firm orders and options for another 50 is expected by the end of April, when DAL’s board will meet to review the proposed deal, according to the report.
- The deal would be worth in the $5.3B-$6.2B range, depending on the mix of aircraft purchased, based on list price, but such a large deal would carry steep price discounts.
- Now read CSeries order a win-win for Bombardier and Delta