US$1.1B CSeries deal with EgyptAir has wings

12 JETS

FREDERIC TOMESCO, JULIE JOHNSSON AND LIN NOUEIHED MONTREAL/CAIRO •Bombardier Inc. is in advanced discussions with EgyptAir over a potential US$1.1 billion order for CSeries jets, adding to the program’s momentum from a recent partnership with Airbus SE, people familiar with the matter said.

An agreement, which is likely to include a firm order for 12 CS300 jets, could be announced as early as Tuesday at the Dubai Air Show, said the people, who asked not to be named because the talks are private. Options to buy another dozen planes are also under discussion, said one of the people. There is no guarantee that a deal will be reached.