Italian airline’s apparent demise puts Bombardier orders at risk

Bombardier  may be forced to cut its production of commercialjets after an Italian airline’s apparent demise raised concerns aboutorders by other customers, an analyst said Thursday.

Bombardier may be forced to cut its production of commercial jets after an Italian airline’s apparent demise raised concerns about orders by other customers, an analyst said Thursday.

Cameron Doerksen of Versant Partners said Bombardier’s backlog of an estimated 120 regional jets excluding Italy’s My Air isn’t large enough to sustain forecasted deliveries unless it wins new CRJ orders in the relative near term.

Italian authorities suspended the licence of the low-cost carrier over concerns about its financial ability to provide services.

Bombardier’s firm orders for 15 CRJ1000s account for 23 per cent of the 64 total orders received for the new aircraft.

 
 
Latest From ...
Most Popular From ...