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Bombardier unveils multiple CSeries orders at Farnborough Air Show

Aircraft manufacturer gets letters of intent for more than 40 jets from British and Chinese companies.

July 14, 2014   by The Canadian Press

MONTREAL — Bombardier Aerospace has signed a number of agreements for its new CSeries aircraft, which include letters of intent for more than 40 jets from British and Chinese companies.

The announcements come as the Farnborough International Airshow gets underway in Britain.

Bombardier said Chinese company Zhejiang Loong Airlines Co. has signed a letter of intent for 20 CS100 airliners that would be worth US$1.28 billion if all the orders were exercised.

Before the airshow began, Bombardier announced on July 11 that UK-based Falko Regional Aircraft Ltd. signed letters of intent for up to 24 C S100 jets.

Another wave of orders were announced with other carriers July 14, including Petra Airlines Ltd., based in Jordan. The company signed a letter of intent to buy as many as two CS100 and two CS300 airliners, with the full value of the four aircraft worth $298.4 million at listed prices.

Bombardier has also received a firm order for two CS300 jetliners from Falcon Aviation Services LLC, based in Abu Dhabi worth $153.3 million. It says one aircraft is a conversion of a letter of intent while the other was an option previously announced in February.

While the CSeries isn’t expected to make an appearance at the Farnborough Air Show, the jets are considered an important shift into the market for smaller commercial airliners that are more fuel efficient.

However, the launch has been hindered by costly delays that pushed back deliveries as the manufacturer spent more time on testing and preparation.

Bombardier, Canada’s largest aerospace company and one of the world’s top producers of aircraft for commercial airlines and the business sector.

© 2014 The Canadian Press


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