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Bombardier boosted by CSeries jet orders

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(Globalpost/GlobalPost)

Canadian planemaker Bombardier on Monday won a lift for its troubled CSeries jets as aviation companies moved to purchase the single-aisle aircraft in deals worth almost $2.0 billion combined.

Abu Dhabi's Falcon Aviation Services LLC signed a firm purchase agreement for two CS300 jetliners in a transaction valued at about $153.6 million, Bombardier said at the start of the Farnborough airshow near London.

Jordan's Petra Airlines signed a letter of intent to buy up to four CS100 and CS300 planes. Firm orders would net Bombardier $298.4 million.

The Chinese carrier Loong Air meanwhile signed a letter of intent to acquire 20 CS100 airliners. A firm order would be worth about $1.28 billion.

Bombardier also said that Air Baltic was the previously undisclosed customer that finalised an option to buy three CSeries jets worth about $228 million.

Mike Arcamone, president of Bombardier's commercial planes unit, told AFP Sunday that its CSeries medium-range planes remained on course to enter service next year despite a suspension to test flights caused by engine problems.

dt-bcp/wai

http://www.globalpost.com/dispatch/news/afp/140714/bombardier-boosted-cseries-jet-orders