Canada's Porter Airlines to finalize Bombardier plane deal: WSJ

Tue Apr 9, 2013 3:37am EDT
 
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(Reuters) - Canadian carrier Porter Aviation Holdings Inc is set to announce an order for up to 30 C-Series jets made by Bombardier Inc, the Wall Street Journal reported, citing two people familiar with the deal.

Montreal-based Bombardier said in December an airline based in the Americas had signed a letter of intent to buy 12 C-Series aircraft, with options for another 18 narrow-body commercial planes, in a transaction worth up to $2.08 billion.

The deal, which is expected to be announced as early as Wednesday, will finalize the letter of intent Porter signed with Bombardier in December, the Journal reported on Tuesday. (link.reuters.com/daz27t)

Bombardier delayed the C-Series' inaugural flight by six months in November due to problems with suppliers and had seen sluggish demand for the 110-to 149-seater plane until this deal.

Bombardier spokesman Marc Duchesne declined to comment to the Journal, while a Porter spokesman was not available.

Neither Bombardier nor Porter could be reached for comment by Reuters.

(Reporting by Garima Goel in Bangalore; Editing by Mark Potter)

 
A security guard looks on as Bombardier unveiled its CSeries aircraft at a news conference at its assembly facility in Mirabel, Quebec, March 7, 2013. REUTERS/Christinne Muschi