Delta locks out Embraer with CS order

[MarkR]

Bombardier scored a major order for its new CSeries passenger jets from Delta Air Lines Inc on Thursday, boosting the Canadian manufacturer's stature in the airline industry even as it faces a long road back to profitability.

The order for 75 CS100 jets, worth an estimated $5.6 billion based on the list price, was the biggest yet and the first from a major U.S. airline for the CSeries program, which is years behind schedule and billions of dollars over budget.

Quebec-based Bombardier hopes the deal marks a turning point in its attempt to break into the fleets of top airlines and serve the niche market for 100-seat planes spurned by larger rivals Boeing and Airbus.

http://www.reuters.com/article/us-de...-idUSKCN0XP19I

At a rumoured discount of 2/3rds of list no real surprise.