Bombardier, Inc. (OTCQX: BDRBF) is engaged as a plane and train manufacturer and is based out of Canada. Shares of the transportation company are rallying 4.17%, through afternoon trading on Tuesday, May 30, 2017. Over the past month, the company reported average daily volume of 192,107 shares. However, volume of 139,615 shares or dollar volume of $244,326, has already exchanged hands on Tuesday.

Shares of Bombardier, Inc. are rallying today, after the company recently announced it has delivered its first CS300 aircraft to Swiss International Air Lines (SWISS). SWISS will be the first airliner to operate both of Bombardier, Inc.’s two C Series airplanes. The maiden commercial flight with passengers is expected to take place on June 1, 2017. Here is the full press release detailing of the CS300 aircraft delivery:

Bombardier, Inc. Press Release:

MONTRÉAL, QUÉBEC — (Marketwired) — 05/26/17 — Bombardier Commercial Aircraft announced today that Swiss International Air Lines (SWISS) took delivery of its first CS300 aircraft at Bombardier’s facility in Mirabel, Canada, where the C Series aircraft are manufactured. When the aircraft enters commercial service in a few days, SWISS will become the first airline to operate both C Series aircraft models. SWISS will dedicate this new aircraft to the French-speaking part of Western Switzerland as the airline will operate this CS300 aircraft from Geneva.

“We are very proud to deliver SWISS’s first CS300 aircraft today. SWISS is known for its leading-edge technical and operational excellence and has been a wonderful partner for the C Series aircraft program. The SWISS family has been part of the C Series journey from the beginning and we thank the airline for its continuous support,” said Fred Cromer, President of Bombardier Commercial Aircraft. “This new delivery is a demonstration of Bombardier’s commitment to deliver revolutionary and high-performing aircraft and help connecting communities with the best flying experience in the world!”

“The C Series aircraft program continues getting strong momentum with its successful entry into service with SWISS and today, the launch airline becomes the first one to take delivery of both the CS100 and the CS300 models,” said Rob Dewar, Vice President, C Series Aircraft Program, Bombardier Commercial Aircraft. “The C Series airliners demonstrate robust in-service performance to date and we are confident that SWISS will also benefit from a smooth entry-into-service with the CS300 aircraft.”

“We are delighted that, having successfully integrated the first Bombardier CS100s into our fleet from mid-2016 onwards, we can now welcome our first CS300,” says Thomas Klühr, SWISS’s Chief Executive Officer. “With its 20 additional seats, this second model in the C Series family ideally complements our current aircraft fleet, and gives us an optimal equipment mix for our European short- and medium-haul services. Our first CS300 will be initially stationed in Geneva, where its superior comfort credentials will be excellently suited to this premium travel market,” Klühr continues. “In fact, our entire Geneva-based fleet will soon consist solely of Bombardier C Series aircraft.”

SWISS’ first CS300 aircraft is scheduled to enter service on June 1st, 2017 with its maiden commercial flight taking passengers from Geneva to Heathrow. SWISS will take delivery of a total of 30 CS100 and CS300 aircraft.

Twelve C Series aircraft have been delivered by Bombardier so far, nine of which have been delivered to SWISS. Three CS300 aircraft are currently in operations with airBaltic.

The C Series aircraft is manufactured by the C Series Aircraft Limited Partnership, an affiliate of the Bombardier Commercial Aircraft segment of Bombardier Inc.

About Bombardier, Inc.

Bombardier, Inc. is the world’s leading manufacturer of both planes and trains. Looking far ahead while delivering today, Bombardier is evolving mobility worldwide by answering the call for more efficient, sustainable and enjoyable transportation everywhere. Our vehicles, services and, most of all, our employees are what make us a global leader in transportation.

Bombardier is headquartered in Montréal, Canada. Our shares are traded on the Toronto Stock Exchange (BBD) and we are listed on the Dow Jones Sustainability North America Index. In the fiscal year ended December 31, 2016, we posted revenues of $16.3 billion. News and information are available at bombardier.com or follow us on Twitter @Bombardier.

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