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Join Us At 0900ET, Friday, 4/10, for the LIVE Morning Brief.
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Fri, Dec 21, 2012

Unnamed Air Carrier Signs Letter Of Intent For Up To 30 CSeries Airliners

Airline Based 'In The Americas' Places Firm Order For 12 Of The Airplanes

An airline, which is based "in the Americas," has signed a Letter of Intent to acquire 12 CS100 airliners with options on an additional 18. Bombardier said in a news release that 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.

(Images provided by Bombardier)

FMI: www.bombardier.com


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