Bombardier Wins $3.8bn Air Canada CSeries Order
Bombardier and Air Canada announced today that the parties have signed a Letter of Intent (LOI) for the sale and purchase of 45 CS300 aircraft with options for an additional 30 CS300 aircraft, which also includes conversion rights to CS100 aircraft.
Air Canada will become the first North American mainline, international network carrier for the C Series family of aircraft.
Based on the list price of the CS300 aircraft, a firm order for 45 would be valued at approximately $3.8 billion US.
“We’ve been carefully assessing the capabilities of Bombardier’s C Series aircraft and its progress for some time and today we are very pleased to announce an agreement to acquire the CS300 for our mainline fleet,” said Calin Rovinescu, President and Chief Executive Officer, Air Canada.