Bombardier's C series reaches a milestone at 12,500 feet o
Bombardier commercial president Mike Arcamone said the cost of the C Series has reached $3.9 billion (U.S.) - $500 million more than planned. “Our target has always been to stay below $4-billion,” he said. Later, a Bombardier official acknowledged that $3.9 billion was the most up-to-date figure, but said the hike is explained by a change in accounting rules, not by unforeseen expenses.
The timing of the plane’s entry into service is also uncertain. Bombardier thinks it will be able to deliver its first C Series after it completes 2,400 hours of flight tests over 12 months. “It is an aggressive flight testing program,” acknowledged Guy Hachey, president of Bombardier Aerospace.
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