Bombardier announces $3bn deal

Published Thursday, 20 December 2012
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Bombardier has announced two major deals to provide airlines with new planes, in contracts that could be worth more than $3 billion.

Bombardier announces $3bn deal
Production of the Cseries wing at Bombardier, Belfast. (© Bombardier Aerospace)

An unnamed American airline has revealed it intends to place a contract worth up to $2 billion with Bombardier Aerospace.

The order with the aircraft manufacturing firm, which makes plane wings at its factory in Belfast, is to acquire 12 CS100 airliners.

However, an option to increase the order by a further 18 planes would bring the initial £870m deal to $2.08bn.

Also on Thursday, airBaltic revealed it has signed an agreement to buy 10 new CS300 planes, in a contract worth $764m.

The Latvian airline also has the rights to buy a further 10 aircraft which would increase the deal to $1.57bn.

"A modern and efficient fleet is one of the fundamentals of the airline business, and this order is a progressive and exciting move forward for us," said Martin Gauss, Chief Executive Officer, airBaltic.

"Following an in-depth analysis of existing and re-engined aircraft, as well as the new technologies offered by Bombardier's all-new CSeries aircraft, the results were clear and we selected the CSeries airliner."

A spokesman from Bombardier Aerospace, Belfast said, "We're proud to have delivered the wings for the first flight test CSeries aircraft, assembly of which is under way.

"The CSeries aircraft wings are the largest and most complex composite structures manufactured and assembled in the UK using a unique resin transfer infusion technology, developed by Bombardier in Belfast."

Bombardier's Mike Arcamone said they were "thrilled" at the interest in the CSeries craft, which seat up to 149 passengers.

The company now has orders and commitments for more than 350 aircraft including 138 CSeries airliners, from firms including premier carriers and low-cost airlines.

© UTV News
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