Will a Big Order From Delta Air Lines Inc. Save Bombardier, Inc.?
Delta Air Lines | January 21, 2016
Most of the issues stem from the CSeries line of regional jets. Cost overruns, delays, and mechanical issues have plagued the project from the beginning. As the excuses have mounted, customers have responded either by pulling their orders or taking a wait-and-see attitude before giving the company an order.The issue isn’t so much with the planes themselves; they’re getting rave reviews. Delta Air Lines Inc. (NYSE:DAL) CEO Richard Anderson is excited about the new CSeries line: “At the right price, it’s quite a competitive airplane, particularly given the engine technology.” This has fueled speculation that Delta is planning a big order, which sent Bombardier shares higher.