Bombardier sees 50% market share with revamped CRJ 900 jet

Bombardier’s revamped CRJ 900 regional jet should win “half or more” of the market against competing planes from Brazil’s Embraer SA, the company’s Commercial Aircraft President Fred Cromer said Thursday. The Canadian plane-and-train-maker expects to make further inroads in the 76-seater market against Embraer’s E175, Cromer said. “We should be targeting half or better. That’s a good target for us,” Cromer said. “Half or more.” Embraer has said its E175 accounted for 80% of all orders over the last five years in the key US market, where most regional jets are sold. “The current E175 has been very successful in the US market, where Embraer has sold over 400 units since 2013,” the company said. With European planemaker Airbus taking a majority stake in Bombardier’s flagship CSeries jetliner program, the company is focusing on shoring up its regional jets and turboprops with a mixture of hard-sell, and cost-cutting plans. The division has combined orders in hand for just for over 100 planes.<br/>