AMR Prospect
The long-anticipated merger of AMR Corp. and US Airways holds the promise of more aircraft orders for Bombardier Inc., says an analyst.
AMR Corp. – parent of American Airlines Inc. – and US Airways announced an all-stock deal Thursday that values the combined company at $11-billion (U.S.).
“For Bombardier, this transaction is significant and has positive long-term implications as the new entity would be more profitable; therefore, this merger could translate into new aircraft orders (regional aircraft and/or CSeries),” Desjardins Securities analyst Benoit Poirier said in a research note to clients Thursday.