Bombardier stock jumps 16 percent after reports of Delta order

Fri Apr 15, 2016 9:39am EDT
 
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

MONTREAL, April 15 (Reuters) - Bombardier Inc shares jumped 16.3 percent to C$1.78 in early trading on Friday following reports that the Canadian plane and train-maker is poised to secure the largest order ever for its CSeries jets from U.S. carrier Delta Airlines Inc.

A final agreement between Atlanta-based Delta and Bombardier for 75 firm orders and options for 50 more of its 100-150 seat CSeries planes is expected at the end of April when the carrier's board meets to review the proposed deal, the Wall Street Journal reported on Thursday, citing three sources familiar with the matter.

(Reporting By Allison Lampert; Editing by Chizu Nomiyama)