29-Apr-2016 11:05 AM
Republic Airways C Series orders remain in Bombardier's backlog
Bombardier reported (28-Apr-2016) the 40 CS300 aircraft on order from Republic Airways remain in the company's firm backlog as of the end of 1Q0216. On 25-Feb-2016, Republic Airways announced that it and certain of its subsidiaries have filed voluntary petitions to reorganise under Chapter 11 of the US Bankruptcy Code. Bombardier is "monitoring the situation closely and we will work with Republic while it restructures."