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Air Carrier Signs Letter of Intent for up to 30 Bombardier CSeries Airliners

December 19th, 2012 ~ No Comments

BA-CS100_2-HRTORONTO, ONTARIO – Bombardier Aerospace announced today that an airline has signed a Letter of Intent to acquire 12 CS100 airliners with options on an additional 18. At this time the airline has requested to remain undisclosed.

Based on the list price of the CS100 airliner, a firm-order contract would be valued at approximately $870 million US and could increase to $2.08 billion US should the 18 options also be converted to firm orders.

“We are thrilled with the worldwide momentum of interest being shown for the CSeries aircraft program and we are pleased that customers in both our traditional aviation markets and growth markets are exploring opportunities and centering business cases around the use of the CSeries jetliners,” said Mike Arcamone, President, Bombardier Commercial Aircraft. “As the CS100 aircraft readies for a milestone year of firsts, we look forward to welcoming yet another customer to the CSeries aircraft family. This customer selected the CS100 jetliners based on the flexibility and superior operational efficiencies offered only by the CSeries aircraft family.”

As of September 30, 2012, Bombardier had booked orders and commitments for 352 CSeries aircraft that include firm orders for 138 CSeries airliners.

The 14 customers that have joined the CSeries aircraft program – nine with firm orders – include major network carriers, national and premier carriers, low-cost airlines, leasing companies and a full service provider to airline partners.

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