Major Network Carrier Places Firm Order for 10 CSeries Aircraft; Will Take First CS100 Aircraft Delivery

General News Tuesday June 21, 2011 09:44 —General News

  • Airline becomes sixth customer for the CSeries aircraft program
  • Subsequent conversion of six options could raise value of order to $1.01 billion US

Bombardier Aerospace announced today that a major network carrier will be the first operator to take delivery of the first CSeries aircraft. The carrier, which has requested to remain unidentified at the present time, has signed a firm order for 10 CS100 aircraft with options on an additional six.

Based on the list price for the CS100 aircraft, the firm order is valued at $616 million US, which could increase to $1.01 billion US, should all six options be converted to firm orders.

"We are delighted to add yet another major network carrier to our customers for the CSeries aircraft, and to announce this customer will be the first operator in the CSeries aircraft program," said Gary R. Scott, President, Bombardier Commercial Aircraft. "Our customer is keenly aware of the competitive advantage that will come with being the very first operator of Bombardier's all-new, technologically advanced CSeries aircraft."

"This firm order is the third one announced this month, and is testament to the growing appeal and momentum for CSeries aircraft," added Mr. Scott.

The CSeries aircraft family will offer a 15(i) per cent cash operating cost advantage and a 20(i) per cent fuel burn advantage; greatly reduced noise and emissions; as well as superior operational flexibility, exceptional airfield performance and a range of 2,950 nm (5,463 km). It will also provide passengers with three-plus-two, widebody-style seating in a single-aisle aircraft.

Designed for the growing 100- to 149-seat market, the CSeries family of aircraft combines advanced materials, leading-edge technology and proven methods to meet commercial airline requirements in 2013 and beyond.

The transaction announced today increases firm orders for the CSeries family of aircraft to 113, including 51 CS100 and 62 CS300 aircraft, and raises the number of CSeries aircraft customers to six. Other customers that have ordered CSeries aircraft include Republic Airways (40 CS300 aircraft), Deutsche Lufthansa AG (30 CS100 aircraft), Lease Corporation International Group (17 CS300 and three CS100 aircraft), Braathens Aviation (five CS100 and five CS300 aircraft), and a well-established, unidentified airline (three CS100 aircraft). In addition, the CSeries aircraft program includes options for 109 aircraft.

About Bombardier

A world-leading manufacturer of innovative transportation solutions, from commercial aircraft and business jets to rail transportation equipment, systems and services, Bombardier Inc. is a global corporation headquartered in Canada. Its revenues for the fiscal year ended January 31, 2011, were $17.7 billion, and its shares are traded on the Toronto Stock Exchange (BBD). Bombardier is listed as an index component to the Dow Jones Sustainability World and North America indexes. News and information are available at www.bombardier.com or follow us on Twitter @BombardierInc.

Notes to editors

Images of CS100 aircraft are available in the press releases section at: www.bombardier.com.

For additional images, video and product information on the CSeries aircraft, please visit: www.nowisthefuture.com.

Follow @Bombardier_Aero on Twitter to receive the latest news and updates from Bombardier Aerospace.

(i) The CSeries aircraft are in the design phase. All data and specifications are estimates, subject to change in family strategy, branding, capacity and performance during the design, manufacture and certification process. Performance has been estimated based on a 500-nm North American operating environment.

Bombardier, CS100, CS300 and CSeries are trademarks of Bombardier Inc. or its subsidiaries.

Contacts:

Bombardier Aerospace

John Arnone

Office: +1-416-375-3030

Mobile: +1-416-820-8994

www.bombardier.com

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