CSeries EIS Target May Slip

By Graham Warwick graham.warwick@aviationweek.com
Source: AWIN First

Bombardier expects the CSeries development program to still cost $3.4 billion, but the manufacturer now has to add $500 million in interest paid on program financing to comply with International Financial Reporting Standards. “My target is to keep it below $4 billion,” says Mike Arcamone, president of Bombardier Commercial Aircraft.

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