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Existing Customer Signs Conditional Purchase Agreement for up to 13 Bombardier CS300 Aircraft
- Incremental order includes seven firm aircraft and purchase rights on six additional CS300 jetliners
|By Marketwired .
|July 16, 2014 08:19 AM EDT
TORONTO, ONTARIO -- (Marketwired) -- 07/16/14 -- Farnborough International Airshow - Bombardier Aerospace announced today that an existing customer, which has requested to remain unidentified at this time, has placed an additional conditional order for seven firm CS300 airliners as well as purchase rights for six additional CS300 aircraft.
Based on the list price of the aircraft, a firm order for the seven CSeries aircraft would be valued at approximately $553 million US.
"The CSeries airliner, with its best in-class economics, advanced technology and outstanding performance, will be instrumental in replacing older, less efficient aircraft presenting challenges because of high fuel costs and heightened environmental awareness," said Ray Jones, Senior Vice President, Sales, Marketing and Asset Management, Bombardier Commercial Aircraft.
"We are delighted that one of our existing customers is once again recognizing the CSeries jetliner's unmatched flexibility and we congratulate our customer that has confidently ordered seven more aircraft.
"We are very optimistic about the current status of our order book, which stands at 513 orders and commitments. We are well on our way to reach our target for 300 firm orders by entry-into-service, and have already achieved our 20 customer goal," he added.
Bombardier is creating the future with its CSeries aircraft - the only 100 per cent new family of airliners specifically designed for the 100- to 149-seat, single-aisle market. Benefitting from a clean-sheet design that includes leading-edge technology and systems integration, advanced materials and latest-generation aerodynamics, the CSeries aircraft offer a 15 per cent(i) cash operating cost advantage, a 20 per cent(i) fuel burn advantage, exceptional operational flexibility, widebody comfort and an unmatched environmental and noise footprint.
The CS100 aircraft offers unmatched flexibility for many airline business models and is an ideal solution for hot-and-high and city-centre airport operations.
The CS300 aircraft offers the best seat-mile cost in its category, making it the most profitable solution for mid-sized markets with up to 150 passengers per flight, and ideal for a range of routes from short-haul to longer transcontinental markets. With the extra capacity seating option, which provides up to 160 seats, the CS300 aircraft's productivity further improves -- offering airlines an average of 4 per cent additional cash operating cost advantage per seat.
As of today, Bombardier has booked orders and commitments for 513 CSeries aircraft, which include firm orders for 203 CSeries airliners.
Bombardier is the world's only manufacturer of both planes and trains. Looking far ahead while delivering today, Bombardier is evolving mobility worldwide by answering the call for more efficient, sustainable and enjoyable transportation everywhere. Our vehicles, services and, most of all, our employees are what make us a global leader in transportation.
Bombardier is headquartered in Montreal, Canada. Our shares are traded on the Toronto Stock Exchange (BBD) and we are listed on the Dow Jones Sustainability World and North America Indexes. In the fiscal year ended December 31, 2013, we posted revenues of $18.2 billion. News and information are available at bombardier.com or follow us on Twitter @Bombardier.
Notes to editors
Images of CSeries aircraft are posted with this news release at www.bombardier.com.
Additional images and videos of CSeries aircraft are available in the CSeries Hub at cseries.com.
B-roll is available at bcamediafootage.com.
Follow @Bombardier_Aero on Twitter to receive the latest news and updates from Bombardier Aerospace.
Please visit Bombardier's Web site dedicated to its upcoming events at the Farnborough International Airshow at airshows.bombardier.com.
(i) The CSeries aircraft are in the development phase. All data and specifications are estimates, subject to changes in family strategy, branding, capacity and performance during the development, manufacture and certification process. All performance references have been estimated based on a 500-nm North American operating environment and comparisons are to in-production aircraft.
Bombardier, CS100, CS300, CSeries, NextGen and The Evolution of Mobility are trademarks of Bombardier Inc. or its subsidiaries
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