5-Dec-2013 10:14 AM

Iraqi Airways signs firm agreement for up to 16 CS300s

Iraqi Airways signed (04-Dec-2013) a firm purchase agreement with Bombardier to acquire five CS300 aircraft. The agreement includes options on 11 additional CS300s. The order is valued at USD387 million at list price and may increase to USD1.26 billion if the options are converted to firm orders. Iraqi Airways CEO and director general Saad Al-Khafaji said, "Following the successful utilisation of our six CRJ900 NextGen aircraft over the past few years, the acquisition of the CS300 aircraft will complement our network operations and allow us to expand into new markets. The CS300 aircraft’s range, fuel efficiency and comfortable, widebody-like cabin will permit us to respond to growing passenger demand and reach destinations across the Middle East, Northern Africa and Europe." The agreement increases Bombardier's booked orders and commitments to 419 CSeries aircraft, including 182 firm orders. [more - original PR]

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