Decent QuarterExcluding Commercial Aircraft - EBIT of $229 million, and EBIT before special items of $313 million versus $193 a year ago. Guidance is $100-400 million positive cash flow in the 4th quarter. This is all a vast improvement over a year ago.
No new CSeries orders announced but a number of positive catalysts could happen before the end of the year - my bet is we'll see a Delta order for the CS500 in concert with an investment by the Federal Government either in December or January. In addition, both Wideroe and Ethiopian are deciding between the CSeries and eJets, with expectation of a decision before year-end. Canada Jetlines expected to purchase over 20 CSeries. London City Airport certification before month-end which could add new customers. And still possibilities with Jetblue, British Airways, Easyjet, Iran.