TL;DR: Growing supply chain troubles at Pratt & Whitney adding to Bombardier's headaches with delivery cuts affecting both CS100 and CS300.
Plus P&W will prioritize its larger clients (mainly Airbus) so Bombardier doesn't have much leverage here. CSeries firm orders represent less than 10% of P&W's geared turbofan engines so P&W will focus on delivering the 90%.
Additional subsidy (oh sorry, "investment") from Ottawa (oh sorry, "Canadian taxpayers") might come sooner than later.
Bombardier cuts CSeries delivery forecast, adjusts revenue outlook
MONTREAL (Reuters) - Bombardier Inc BBDb.TOBDRBF.PK sliced in half the 2016 delivery forecast for its CSeries aircraft on Tuesday and said it expected full-year revenue to be at the lower end of its previously announced range.
The setback is the latest for the CSeries program, which took years to get off the ground and has been hit by production delays and cost overruns, causing the Montreal-based plane and train maker to agree to a C$1 billion ($774 million) investment from the Quebec government.
The company remained in talks with the Canadian federal government about possible funding, and some analysts said the delays could add to concerns about its financial strength.
"Bombardier has a lot of debt, limited financial flexibility and these kind of setbacks, even when they are modest and transient, can heighten concerns", said one transport analyst who asked not to be named.
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Bombardier cuts CSeries delivery forecast, adjusts revenue outlook | Business | Reuters