Thursday, 2 November 2017

European airline to buy 31 C-Series Bombardier planes

A European airline intends to buy at least 31 of Bombardier's C-Series planes, the aerospace firm has said.

The unnamed airline has signed a letter of intent for 31 orders, with options for 30 more. It expects the deal to be agreed by the year's end.

C-Series wings are made at Bombardier's Belfast operation, providing employment for about 1,000 people.

For the third quarter of 2017, Bombardier posted a net loss of $117m on turnover of $3.8bn.

Alain Bellemare, Bombardier's chief executive, said: "This significant new order confirms the increasing confidence customers have in the C Series."
Based on the list price, a firm order would be valued at approximately $2.4bn (£1.81bn), rising to nearly $4.8bn should all 30 options be exercised.

BBC      News.