airBaltic Signs LOI for up to 20 Bombardier CSeries

Air Baltic logoBombardier announced on July 10th, 2012, that airBaltic has signed a letter of intent (LOI) to purchase 10 CS300 aircraft and take purchase rights on a further 10 CS300 jetliners as part of a fleet renewal program for the airline.

The airline is currently operating eight Bombardier Q400 NextGen turboprops as part of its fleet and sees the CSeries as a good match for these aircraft.

Including today’s announced LOI from airBaltic for 10 CS300 airliners and purchase rights for 10 CS300 airliners, as well as a conditional order for five CS100 and 10 CS300 jetliners placed by an unidentified customer earlier this week during the Farnborough Airshow, Bombardier has booked orders and commitments for 352 CSeries aircraft.

Current CSeries aircraft orders include firm orders for 138 CSeries airliners from Braathens Aviation (five CS100 and five CS300 aircraft), Deutsche Lufthansa AG (30 CS100 aircraft), Korean Air (10 CS300 aircraft), Lease Corporation International Group (17 CS300 and three CS100 aircraft), PrivatAir (five CS100 aircraft), Republic Airways (40 CS300 aircraft), an unidentified carrier (10 CS100 aircraft), an unidentified European customer (10 CS100 aircraft) and another unidentified airline (three CS100 aircraft).

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

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