cseries2014

Air Canada finalises Bombardier CSeries order

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.

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.

 

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