MONTREAL – Bombardier (TSX:BBD.B) and Brazilian rival Embraer have split American Airlines orders for regional jets.
Montreal-based Bombardier obtained one-third of the order after the U.S.-based carrier signed a firm deal to purchase 30 CRJ900 NextGen aircraft and options for 40 more planes.
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The value of the contract is about US$1.42 billion at list prices but could rise to US$3.38 billion if the options are converted into firm orders.
Embraer will supply 60 E175 planes with options for 90 more regional jets.
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