Bombardier win could speed up C Series sales and rival merger talks: analysts - News Summed Up

Bombardier win could speed up C Series sales and rival merger talks: analysts


Bombardier's unexpected win at the U.S. International Trade Commission could accelerate the merger talks between Boeing and Embraer in order to offer an alternative to the C Series, some industry analysts say. Analyst David Tyerman of Cormark Securities says "the die was cast" about a potential merger when Airbus SE agreed last fall to acquire a majority stake in the C Series. Tyerman is also less convinced than others that the ruling itself will prompt new C Series sales. Several analysts raised their outlooks for the company's share price partially on the removal of uncertainties on the C Series in the United States. He pointed to JetBlue Airways, Spirit Airlines and Sun Country Airlines which expressed their support for Bombardier during the dispute.


Source: CBC News January 29, 2018 20:03 UTC



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