Bombardier gets order for 5 business jets

Thu Dec 29, 2011 3:39pm EST
 
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(Reuters) - Bombardier Inc (BBDb.TO: Quote) said on Thursday its aerospace division has received a firm order for five Challenger 850 business jets valued at about $156 million.

The Montreal-based planemaker did not name the buyer of the mid-sized jets, which typically seat 14 passengers plus two crew.

Bombardier's mid-sized and large business jets have continued to attract orders this year, while demand for its commercial planes has waned.

Bombardier's stock was 4 Canadian cents, or 1 percent, higher at C$3.94 on the Toronto Stock Exchange on Thursday afternoon.

(Reporting by Nicole Mordant in Vancouver; Editing by Peter Galloway)