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Bombardier Inc. fell to a 25-year low, a day after breaching $1 as investors lost patience with delays and costs on the Canadian aircraft maker’s new series of jets.

The company’s widely traded Class B stock dropped 9 per cent to 91 cents at 9:51 a.m. Thursday in Toronto, after declining to 90 cents, its lowest level since January 1991. The shares traded as low as 98 cents Wednesday before closing at $1.

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The stock’s 31 per cent rout this year raises the prospect that the aircraft maker will be thrown out of the main Canadian stock gauge — a development that would bring additional pressure by forcing index funds to sell their holdings.

Investors have abandoned the shares as the 73-year-old company struggles with the development of the C Series, a jet with as many as 160 seats that is two years late and more than US$2 billion over budget. Originally a snowmobile maker, Montreal- based Bombardier grew into a train and aircraft maker that is credited with inventing the regional jet in the 1980s.