TORONTO (Reuters) - Canadian planemaker Bombardier Inc said on Monday an unidentified customer has ordered 16 CRJ900 regional jets in a $727 million deal that could swell to $1.1 billion if options for eight more of the planes are exercised.
Montreal-based Bombardier, which trails Brazil's Embraer SA
Bombardier, which faces tough competition and slack demand in the segment as airlines shift to bigger planes, said its next-generation 90-seat CRJ900 reduces fuel burn by up to 5.5 percent from earlier models.
The company is spending $4.4 billion to develop its biggest-ever jetliner, the 108 to 160-seat CSeries. After an engine failure on May 10, Bombardier resumed ground testing on June 10 and said it was developing a plan to return to flight testing.
(Reporting by Susan Taylor; Editing by Richard Chang)