Boeing, Airbus May Lose Huge Delta Contract To Smaller Bombardier

Bombardier is reportedly poised to beat out aerospace leaders Boeing (BA) and Europe’s Airbus (EADSY) for a contact to sell up to 125 planes to Delta Air Lines (DAL).

It would be the biggest-ever order for Canada’s Bombardier, which manufactures aircraft and trains, and would boost its standing vs. the two giants. Its U.S.-listed shares leaped 12.8% to 1.35.

Bombardier is finalizing the huge order, Bloomberg said, citing a source close to the situation. The deal is estimated to be...

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