Client wins for Bombardier but Embraer launches rival models

 
Marion Dakers
BOMBARDIER yesterday revealed orders worth more than £1bn for its range of smaller planes, although Brazilian competitor Embraer took aim at the Canadian group’s market with a new launch.

One of the biggest deals for Bombardier at the Paris Air Show yesterday was with private jet group and repeat customer VistaJet, which agreed to take up to 40 Challenger 350 business jets, worth a total of $1.035bn (£663m) at list prices.

Bombardier also took orders for 12 Global 8000 planes from an undisclosed customer. The deal would be worth $804m at list prices, though plane makers commonly give big orders a substantial discount.

Meanwhile Embraer launched a range of commercial E-Jets yesterday, rivalling Bombardier’s new CSeries narrow-body planes. Chief exec Frederico Curado said Embraer would invest $1.7bn on upgrading its models.