Bombardier Wants More Commercial Plane Orders to Avoid 2013 Cut
Bombardier Inc. (BBD/B) needs to win more regional jet and turboprop orders this year to avoid curbing production in 2013, the aerospace unit chief said.
Bombardier, the world’s third-largest maker of commercial aircraft, said today it secured 28 orders for the planes in the first three months of the year. On May 1, Canadian discount carrier WestJet Airlines Ltd. awarded the Montreal-based company a contract for as many as 45 turboprops that could be worth about $1.35 billion, based on list prices.
“Right now, we are set for this year,” he told reporters in Montreal after the company’s annual shareholder meeting. “We are pretty satisfied with the level we have this year in terms of production rates. We need to win more orders for next year to achieve what we had planned.”
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