Bombardier and CityJet finalise purchase agreement for up to 10 CRJ900 aircraft

CityJet and Bombardier Commercial Aircraft finalised (02-Feb-2017) a firm purchase agreement, consistent with the conditional agreement announced on 24-Jan-2017. The firm agreement includes six CRJ900 aircraft and options for an additional four aircraft. Upon delivery, the aircraft will operate under wet lease in the Scandinavian Airlines (SAS) network. As previously announced and based on the list price of the CRJ900 aircraft, the firm order is valued at approximately USD280 million and could increase to USD467 million, should CityJet exercise all options. CityJet currently owns a fleet of eight CRJ900 aircraft which are on wet lease service with SAS. The airline will also take delivery of four new CRJ900 aircraft in early 2017, bringing CityJet's owned fleet of CRJ900 aircraft to 12. As part of its acquisition of Cimber A/S, CityJet will operate Cimber's fleet of 11 CRJ900 aircraft also on wet lease service with SAS. These aircraft will be replaced by up to 10 additional CRJ900 aircraft ordered under the firm purchase agreement with Bombardier. [more - original PR]