Bombardier Inc’s Delta sale signals ‘beginning of the end’ of Boeing-Airbus duopoly: Moody’s

, Economic

Bombardier likely won the Delta order for three reasons, according to Solomon: aggressive pricing, early availability of the jets and technical superiority.

Bombardier Inc. has finally joined the big leagues with its recent sale to Delta Air Lines Inc., signalling the “beginning of the end” of Boeing Co. and Airbus Group’s duopoly, according to Moody’s.

The global bond ratings agency said it won’t be easy for Bombardier to take market share away from Boeing and Airbus, but Delta’s order for 75 CSeries jets showed it’s finally in the running in the 100-plus-seat narrowbody market.

“It will take a good bit more time to fully develop, but the beginning of the end of the long-running Boeing/Airbus duopoly is upon us and the competitive dynamic is ratcheting up another notch,” Moody’s senior vice-president Russell Solomon said in a report published Tuesday.

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