Bombardier inks new deal for Cseries jets
Bombardier Inc. secured a launch customer for its CSeries aircraft at the Paris Air Show on Monday.
Bombardier said the client, which is a “major network carrier,” had requested to remain unidentified at this time. The agreement is for 10 of the 110-to-145 seat jets.
The new customer will be the first operator of the plane by taking delivery of the first version, the smaller CS100.
The order is valued at $616 million US based on list price, but could grow to more than $1 billion US if all the options are exercised.
“We are delighted to add yet another major network carrier to our customers for the CSeries aircraft, and to announce this customer will be the first operator in the CSeries aircraft program,” said Gary Scott, Bombardier Commercial Aircraft president, in a statement.
“This firm order is the third one announced this month, and is testament to the growing appeal and momentum for CSeries aircraft,” he added.
The order is similar in size to the other two banked earlier this month.
Bombardier has said it would like to continue to book a series of smaller orders to alleviate pressure on delivery times in the early part of the program.
Guy Hachey, Bombardier Aerospace president, has said that he would like 20 to 30 customers by the time the first CSeries hit the market in late 2013. It currently has six customers for the aircraft with 113 CSeries ordered.
While Bombardier declined to give any information about the new customer, rumours had been circulating that Qatar Airways was considering an order for the plane at the air show this week.
But it now appears that the airline has deferred its decision to purchase the plane again after Qatar Airways chief executive Akbar Al-Baker said the company would not be announcing a CSeries order at Paris, according to Cameron Doerksen, National Bank Financial analyst.
“This will be viewed negatively by the market as Qatar’s CEO had recently sounded more serious about making an order in Paris,” he said, in a note clients.” Although Qatar is apparently still interested in the CSeries, it is difficult to consider it a potentially serious customer given the repeated deferrals.”
In comments at the show, Al-Baker said the carrier may buy Airbus SAS’s rival A320neo this week.