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Bombardier aircraft rise steadily in choice for new markets

 

 
 
By Sangeeta Saxena Published: August 2011
 
 
 
 
 
 

Paris/New Delhi. A total of 16 firm orders for new Global 7000 and Global 8000 ultra long-range business jets valued at over $1.0 billion US, with up to $4.7 billion US in firm orders, options and purchase rights for its technologically advanced CSeries airliner and large cabin Global 7000 and Global 8000 business aircraft, Bombardier Aerospace announced that it wrapped up a very successful week at the Paris Air Show. “The Paris Air Show has been a resounding success for Bombardier,” said Guy C. Hachey, President and Chief Operating Officer, Bombardier Aerospace. “Apart from strong sales on both sides of the business, we've enjoyed the opportunity to showcase our products and engage in productive meetings with all of our stakeholders from across the industry and around the world. After only 25 years in aviation, we have emerged as an industry leader in product innovation. Our customer-centric focus is at the heart of our business strategy and is what will propel us to forefront of the market.”

 

Bombardier Aerospace announced that the Letter of Intent (LOI) from Korean Air signed on June 21 at the 2011 Paris Air Show to acquire 10CS300 airliners has now been converted into a firm order. The transaction also includes options on 10 CS300 aircraft and purchase rights for an additional 10 CS300 aircraft. The firm order makes Korean Air, South Korea’s flagship airline, the launch customer for the CSeries aircraft in Asia. The Korean Air transaction increases firm orders for the CSeries family of airliners to 133 aircraft. Other customers that have firm orders for CSeries aircraft include Republic Airways (40 CS300 aircraft), Deutsche Lufthansa AG (30 CS100 aircraft), Lease Corporation International Group (17 CS300 and three CS100 aircraft), Braathens Aviation (five CS100 and five CS300 aircraft), a well-established, unidentified airline (three CS100 aircraft), an unidentified major network carrier (10 CS100 aircraft) and an unidentified European customer (10 CS100 aircraft). These customers have also taken 119 options and 10 purchase rights on CSeries jetliners.

“Korean Air’s selection of the CSeries aircraft to meet its route expansion requirements in the Asia-Pacific market, and our growing list of customers in the European and North American markets are testaments to the high value and operational flexibility of the CSeries aircraft program,” said Gary R. Scott, President, Bombardier Commercial Aircraft. Korean Air’s CS300 aircraft will be powered by Pratt & Whitney geared turbofan PW1521G engines. Designed for the growing 100- to 149-seat market, the CSeries family of aircraft combines advanced materials, leading-edge technology and proven methods to meet commercial airline requirements in 2013 and beyond.

Bombardier also confirmed firm orders for its newest business aircraft during the air show. Vistajet, an industry leader in luxury aviation, which exclusively purchases and operates Bombardier business aircraft, placed a firm order for 10 Global 8000 jets. This latest order raises VistaJet’s order backlog value to approximately $2 billion US. AVWest, a large Australian corporate jet operator, placed overall firm orders for four Global 7000 and two Global 8000 jets, two of which were placed earlier this year. The total value for these multiple Global aircraft orders is over $1.0 billion US, based on the 2011 list price for typically equipped aircraft. “We had an excellent show, as supported by the announcements of 16 Global aircraft firm orders,” said Steve Ridolfi, President, Bombardier Business Aircraft. “Reception of the new Global 7000 and Global 8000 jets has been phenomenal, the expanded Global aircraft family has resonated extremely well in the market place, and we’ve seen tremendous growth in the entire Global aircraft product line as a result of our strategy.”

At this year’s Paris Air Show, Bombardier featured six of its industry-leading aircraft on static display – the Learjet 60 XR, Challenger 300, Challenger 850, Global 6000, Q400 NextGen and CRJ1000 NextGen aircraft – as well as a geodesic dome which housed the new CSeries cabin mock-up, representing the latest CSeries aircraft interior design configuration, look and feel.

 
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