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Introduction

Feb. 22, 2016, © Leeham Co.: The large order (Letter of Intent) last week by Air Canada for 45 firm and 30 option CS300s was welcome news for Bombardier.

And the LOI from the US lessor, Aerolease, for 10+10 MRJ90s was welcome news for Mitsubishi.

We take a look at both announcements and what this means for the two programs.

Summary

• The Air Canada order breaks the long drought in C Series orders, but it’s not enough for smooth sailing (to mix metaphors) for the aerospace company.
• Continuing the mixed metaphor, Bombardier still has a long hill to climb.
• MRJ order, by little known lessor, helps diversify customer base.