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Planemaker Bombardier in C Series talks with three Chinese airlines

09/27/2017| 9:57:20 AM|

Planemaker Bombardier Inc aims to close deals with Chinese airlines in upcoming months and is in talks with the country's three biggest airlines, a senior Bombardier executive said on Tuesday.

Marc Meloche, Bombardier Commercial Aircraft's head of structured finance, said in an interview the planemaker was also in discussions with leasing businesses on purchasing its C-Series plane. He spoke to Reuters while in China.

Meloche said he hoped the deals could be announced during a visit by Canadian Prime Minister Justin Trudeau to China next month.

"Prime Minister Trudeau is coming to China next month so there is optimism that Bombardier will be among those able to announce deals on that trip," he said.

Meloche added that China's interest is high. "Bombardier is talking to all three big Chinese airlines, as well as many regional (players) and startups. All are very interested in the Bombardier C-Series," he said.

Bombardier is pushing hard for orders in China, the world's fastest-growing aviation market, at a time when it faces threats to U.S. sales of the C-Series single-aisle jet because of a trade dispute with U.S. rival Boeing Co.

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TAGS: Bombardier | Chinese airlines
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