airBaltic Signs Letter Of Intent For Up To 20 CSeries Airliners | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Recent Daily Episodes

Episode Date

Monday

Tuesday

Wednesday

Thursday

Friday

Airborne On ANN

Airborne 06.29.15

Airborne 06.30.15

Airborne 07.01.15

Airborne 07.02.15

Airborne 07.03.15

Airborne Hi-Def On YouTube

Airborne 06.29.15

Airborne 06.30.15

Airborne 07.01.15

Airborne 07.02.15

Airborne 07.03.15

 

Thu, Jul 12, 2012

airBaltic Signs Letter Of Intent For Up To 20 CSeries Airliners

Latvian Flag Carrier Is The Newest CSeries Aircraft Customer

Riga, Latvia-based Air Baltic has signed a letter of intent (LOI) to acquire 10 CS300 aircraft and take purchase rights on a further 10 CS300 jetliners. Bombardier Aerospace announced Tuesday that, based on the list price of the CS300 airliner, a firm-order contract with the network carrier will be valued at approximately $764 million, and could increase to $1.57 billion should the 10 purchase rights be converted to firm orders.

"As we look to replace the older aircraft in our fleet, matching the requirements of our business plan, we reviewed the narrowbody platforms from the major airframers and determined that the all-new CS300 aircraft was the best fit. With its advanced technologies, it is optimized for our market sizes and will be an excellent companion to the eight Bombardier Q400 NextGen turboprops in our fleet," said Martin Gauss, Chief Executive Officer, airBaltic. "The superb economics of the aircraft and the delivery timeframe that is available to us are also key factors in our decision to choose Bombardier's CS300 airliners for our network."

"In addition, the travelling experience of our passengers will be further enhanced by the CSeries aircraft's widebody comfort, including the five-abreast seating and wider middle seat," added Mr. Gauss.

"The CSeries aircraft program continues to reach new milestones, expanding into new markets with unique applications. As the newest customer to join the CSeries aircraft program, airBaltic - known for being innovative - demonstrates the growing demand and need for unmatched technologies and operational flexibility," said Mike Arcamone, President, Bombardier Commercial Aircraft. "We are thrilled that airBaltic will look to the CSeries aircraft to implement its new initiatives and integrate new levels of passenger comfort. The diversity of the CSeries aircraft customers - from national carriers such as airBaltic, major network carriers, low-fare airlines, premium airlines serving city centre airports, and leasing companies - speaks volumes about the flexibility of the aircraft to serve diverse air transport needs worldwide."

(Image provided by Bombardier)

FMI: www.bombardier.com

Advertisement

More News

Airborne 07.03.15: New Trig Avionics, Cargo Biz Grows, iOS GPS Fix

Also: 'No Drone Zone', Aviation v Media, Women's Air Race Classic, Houston Spaceport, Navy's New A/C Launch System, GA Fly Safe, FAA InFO Trig Avionics tells us they are unveiling >[...]

Aero-News: Quote Of The Day (07.05.15)

"Without question, the arrival of the EA-6B Prowler on the carrier deck established airborne electronic attack as an invaluable, 'don't leave home without it' part of every Navy an>[...]

ANN FAQ: Share Aero-News With Your Friends

Send Them A Story -- We Don't Mind! Do you need another set of eyes to see that story you can't believe Jim just wrote? Want to spread Hognose's unique wisdom and perspective to th>[...]

ANN's Daily Aero-Term (07.05.15): Instrument Approach Procedure

Instrument Approach Procedure A series of predetermined maneuvers for the orderly transfer of an aircraft under instrument flight conditions from the beginning of the initial appro>[...]

ANN's Daily Aero-Linx (07.05.15)

Aero Linx: The Air Force Historical Foundation The Air Force Historical Foundation is dedicated to promoting the preservation and appreciation of the history and heritage of the Un>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2015 Web Development & Design by Pauli Systems, LC