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Bombardier sells 5 more CSeries for $309 Million

News International-French

23 Jan 2012

Bombardier Aerospace announced today that Geneva-based PrivatAir has placed a firm order for five CS100 airliners and has taken options on an additional five CS100 aircraft.

Based on the list price for the CS100 aircraft, the firm order contract is valued at approximately $309 million US, and could increase to $636 million US if the five options are exercised.

PrivatAir was founded more than 30 years ago and operates a large fleet of commercial and business aircraft to provide private charter and private airline services. Its specialized services include exclusively business class flights on behalf of several major network airlines. As a superb example of the versatility of the world’s only all-new aircraft in its segment, the CSeries aircraft acquired by PrivatAir will be delivered in an all-business class configuration.

“The CSeries aircraft represent cutting-edge technology and are true 21st century jetliners,” said Greg Thomas, President and Chief Executive Officer, PrivatAir. “The CS100 jetliner is very well suited for our route expansion plans and we look forward to introducing this very modern aircraft into our fleet.”


“The CSeries aircraft program keeps growing and we have now announced our 11th customer,” said Guy C. Hachey, President and Chief Operating Officer, Bombardier Aerospace. “The CSeries family of aircraft is designed for operational flexibility and many airlines around the world, like PrivatAir, are very much aware of how the aircraft can meet their future plans. Our global push, as well as the superior performance benefits of the CSeries aircraft, will ensure that Bombardier will capture a significant portion of the 100- to 149-seat market segment over the next twenty years.”

 “Included among the 11 customers that have selected the CSeries aircraft are major network carriers, national carriers, premium airlines serving city centre airports, a low-cost airline, leasing companies and now, with the order from PrivatAir announced today, a full service provider to airline partners,” said Philippe Poutissou, Vice President, Marketing, Bombardier Commercial Aircraft. “This diversity of customers speaks volumes about the flexibility of the CSeries aircraft family to meet air transport requirements worldwide.”

Designed for the growing 100- to 149-seat market, the 100 per cent new CSeries family of aircraft combines advanced materials, leading-edge technology and proven methods to meet commercial airline requirements in 2013 and beyond.

Powered by Pratt & Whitney PurePower PW1500G engines, the CSeries aircraft family will offer a 15* per cent cash operating cost advantage and a 20* per cent fuel burn advantage. The CSeries family of aircraft’s clean-sheet design will enable the aircraft to achieve greatly reduced noise and emissions, as well as superior operational flexibility, exceptional airfield performance and a range of 2,950 nm (5,463 km). The CSeries aircraft will be up to 12,000 lbs (5,443 kg) lighter than other aircraft in the same seat category and will provide passengers with a best-in-class, widebody cabin environment in a single-aisle aircraft.

Including the order from PrivatAir announced today, Bombardier has booked firm orders for 138 CSeries airliners. Other customers include Republic Airways (40 CS300 aircraft), Deutsche Lufthansa AG (30 CS100 aircraft), Lease Corporation International Group(17 CS300 and three CS100 aircraft), Korean Air (10 CS300 aircraft), Braathens Aviation (five CS100 and five CS300 aircraft), an unidentified major network carrier (10 CS100 aircraft), an unidentified European customer (10 CS100 aircraft) and a well-established, unidentified airline (three CS100 aircraft).

The CSeries aircraft program has also booked options for 124 aircraft and purchase rights for 10 aircraft from these customers, as well as Letters of Intent for up to 30 CSeries aircraft from Ilyushin Finance Co, and for up to 15 CS300 aircraft from Atlasjet.



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