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Ilyushin Signs $2.6 Bln Deal For 32 Bombardier Airliners

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  • Ilyushin Signs $2.6 Bln Deal For 32 Bombardier Airliners

    ILYUSHIN SIGNS $2.6 BLN DEAL FOR 32 BOMBARDIER AIRLINERS

    MOSCOW, February 21 (RIA Novosti) - Russian leasing company Ilyushin
    Finance Co. (IFC) has signed a $2.56 billion deal with Canadian
    airplane manufacturer Bombardier to buy 32 CS-300 medium-haul aircraft,
    Bombardier said on Thursday.

    The deal includes an option for ten more CS-300 planes.

    "Based on the list price for the CS300 aircraft, a firm order from IFC
    for 32 aircraft would be valued at approximately $2.56 billion. Should
    IFC also exercise its 10 options, the contract would have a total
    value of approximately $3.42 billion," Bombardier said in a statement.

    The planes will be delivered in 2015-2018, the IFC press office said.

    The deal was signed on Wednesday during a visit by IFC officials
    to Bombardier's final assembly facility for the CSeries aircraft in
    Mirabel, Quebec, following a letter of intent signed in August 2011.

    "The aircraft leasing world is changing rapidly," IFC CEO Alexander
    Rubtsov said.

    "As older, less efficient designs present ongoing challenges to
    airlines - given high fuel costs and heightened environmental
    concerns - the CSeries aircraft offers transcontinental range,
    superior field and runway performance, and a superb cabin that will
    bring air transport into the 21st century."

    The CS-300 narrow-body medium-range airliner can seat from 130 to 150
    passengers and has a maximum range of 5,463 km (2,950 nautical miles).

    Currently, 95 Bombardier's CRJ regional jets and Dash 8/Q-Series
    aircraft are in service or on order in Russia and former Soviet
    republics. Bombardier is also exploring opportunities for its Q400
    NextGen turboprop aircraft in Russia, the company says.


    From: Baghdasarian
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