Economics
Delta Buys 40 Bombardier Regional Jets in Embraer Rebuff
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Delta Air Lines Inc. agreed to buy 40 regional jets from Bombardier Inc. as the world’s second-largest carrier broadens its replacement of older, inefficient planes.
The firm order for CRJ900 NextGen aircraft has a catalog value of about $1.85 billion, and options for 30 more would boost it to $3.29 billion, Bombardier said today. The airline held talks with both Bombardier and Brazil’s Embraer SA for the order, Chief Executive Officer Richard Anderson said in October.