Bombardier in spotlight as market watches for Delta deal, AGM

Bombardier faces a pivotal week that may see a key deal announced with Delta Air Lines but a federal aid package is unlikely to be approved in time for its annual meeting Friday. The deal Delta for up to 125 CSeries jets is critical for Bombardier as Delta would be the first major US airline to purchase the CSeries, which is entering service years late and billions of dollars over budget. Delta’s board is widely expected to approve the purchase, which includes 75 initial orders, this week. A Delta commitment, coupled with a firmed up agreement for 45 CSeries jets with Air Canada, would put Bombardier's CSeries order book above the 300 mark, allowing the company to hit a psychologically-important internal target by the time the first plane enters service in July 2016. <br/>