Air Canada has finalised its order for 75 CSeries aircraft with Bombardier, firming up on the letter of intent it signed with the OEM in February.
The purchase agreement includes a firm order for 45 CS300 aircraft and options for an additional 30 CS300 aircraft.
At list price, the firm order for 45 CS300 aircraft is valued at approximately $3.8bn, a figure which would increase to $6.3bn should the airline exercise all 30 options.
Deliveries are scheduled to begin in late 2019 through to 2022.
“This order is a major statement of support for Canada’s aerospace industry and will help support thousands of C Series related jobs,” said Alain Bellemare, president and CEO of Montreal-based Bombardier. “It also serves as an important catalyst for renewed interest and subsequent orders.”
Calin Rovinescu, president and CEO of Air Canada, added that the deal would help establish a centre of excellence for CSeries maintenance work in Québec.