Bombardier says Korean Air orders CSeries aircraft

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Bombardier won orders and commitments for up to 30 of its CSeries CS300 planes from Korean Air worth almost US$2 billion, it said yesterday.

The letter of intent included 10 orders, 10 options and 10 purchase rights, the planemaker said.
“This is our first CSeries aircraft customer in Asia and signals the aircraft programme’s entry into the fast growing Asia-Pacific market,” said Gary R Scott, President, Bombardier Commercial Aircraft. “Korean Air is one of the world’s most prestigious airlines, and we are extremely proud that it has selected the CSeries aircraft to meet its route expansion requirements.”

Bombardier and Korean Air made the announcement today at the Paris Air Show during a gathering at its CSeries pavilion hosted by Scott, alongside Walter Cho, Senior Vice President, Korean Air and in the presence of the Honourable Christian Paradis, Minister of Industry Canada.
“The Government of Canada congratulates Bombardier Aerospace on the four CSeries aircraft sales announcements made this month,” said Minister Paradis. “Canadian firms’ ingenuity has been a driving force in our country’s emergence from the global recession. Private sector innovation, such as the CSeries aircraft, is the key to moving our economy forward.”

Korean Air currently operates a fleet of 136 passenger and cargo jet aircraft to 112 cities in 39 countries.

Designed for the growing 100- to 149-seat market, the CS300 aircraft will enter into service in 2014.



In addition to the LOI for up to 30 CSeries aircraft announced today, Bombardier has booked firm orders for a total of 113 CSeries aircraft, including 51 CS100 and 62 CS300 aircraft. 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) and a major network carrier (10 CS100 aircraft). The CSeries aircraft program has also booked options for 109 aircraft.