BRIEF-Bombardier reports Q1 loss per share $0.07

Thu Apr 28, 2016 6:27am EDT
 
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April 28 (Reuters) - Bombardier Inc :

* Bombardier announces major C Series order and reports financial results for the first quarter of 2016

* Says received delta orders up to 125 C Series aircraft - largest C Series order yet

* Delta air lines, Inc. (Delta) has placed a firm order for 75 CS100 aircraft with options for an additional 50 CS100 aircraft

* Based on list price, firm order is valued at approximately $5.6 billion

* Quarterly free cash flow usage of $750 million

* Bombardier Inc says remain on track to achieve both our 2016 guidance and 2020 goals

* Deliveries of aircraft to Delta are scheduled to begin in 2018

* Q1 revenue of $3.9 billion versus $4.4 billion last year   Continued...