Thursday, November 10, 2011

Bombardier can expect more work

Several international airlines are about to lodge firm orders for Bombardier Inc.'s regional aircraft and for the CSeries airliner, says veteran aerospace analyst Cameron Doerksen, of National Bank Financial. In a report to clients, Doerksen said the first of the new orders may well come next week at the Dubai Air Show in the Mideast. Some have been in the negotiating stage for months. "We believe orders for the Q400 turboprop and other regional aircraft will pick up materially over the next few months," he wrote.

He said Bombardier has a good chance of winning an18-plane regional jet order from Indonesia's Garuda Airlines with its 100-seater CRJ1000.

SkyWest's fleet replacement plan will also offer opportunities - SkyWest's smaller regional jets in the U.S. are aging and will be replaced by larger regional jets and turboprops. Order delays have forced Bombardier to announce some production cutbacks for the CRJ regional jet series and the Q400 turboprops.

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