18-Feb-2016 11:30 AM

Air Canada and Bombardier sign landmark order for up to 75 Bombardier C Series Aircraft

Air Canada and Bombardier Commercial Aircraft signed (17-Feb-2016) a LoI for the sale and purchase of 45 CS300 aircraft with options for an additional 30 CS300 aircraft, which also includes conversion rights to CS100 aircraft. Air Canada will become the first North American mainline, international network carrier for the C Series family of aircraft. Based on the list price of the CS300 aircraft, a firm order for 45 would be valued at approximately USD3.8 billion. Air Canada president and CEO Calin Rovinescu said: "We've been carefully assessing the capabilities of Bombardier's C Series aircraft and its progress for some time and today we are very pleased to announce an agreement to acquire the CS300 for our mainline fleet... The C Series will be a key element of our on-going fleet renewal". [more - original PR]

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