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Bombardier Discloses Odyssey As European Customer For 10 CSeries Aircraft

Airline Plans To Operate From London City Airport

Bombardier Aerospace disclosed Monday that a previously announced firm order for 10 CS100 aircraft was placed by Odyssey Airlines, a new airline that intends to operate from London City Airport. The firm order was announced on June 24, 2011. Based on the list price for the CS100 aircraft at the time of the order, the firm order is valued at $628 million.

"We are launching Odyssey Airlines with the CS100 aircraft because its transcontinental range will allow us to connect key city airports with stringent performance and environmental requirements both in Europe and further afield," said Adam D. Scott, Chief Executive Officer, Odyssey Airlines. "We have a unique strategy that will offer a premier service with a focus on new destinations that cannot currently be served from London City Airport. For us, the game-changing CSeries aircraft offers the best-in-class airfield performance, the lowest sound profile of any commercial aircraft in production in its segment, and will provide the ability to open new markets -- all of which are integral to our business model."

"Over the last two years, Bombardier has seen Odyssey evolve into a forward-thinking and up-and-coming airline. We are thrilled to publicly welcome Odyssey Airlines to the family of CS100 aircraft operators," said Mike Arcamone, President, Bombardier Commercial Aircraft. "The CSeries aircraft's premium cabin, reduced environmental footprint and fantastic ability to serve a wide range of missions are the perfect pairing to Odyssey's business plan," he added.

(Image provided by Bombardier)

FMI: www.bombardier.com

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