CSeries

Bombardier Aerospace has revealed that China’s CDB Leasing is the undisclosed customer that signed a conditional purchase agreement for five CS100 and ten CS300 jetliners.

Bombardier noted that CDB initially signed a conditional purchase agreement on 8 July, with options also included for an additional five CS100 and ten CS300 aircraft.

Under the company’s previous announcement, based on list prices, the contract is valued at approximately $1.02bn, and would increase to $2.07bn if all 15 options are exercised.

Canada’s foreign affairs minister John Baird said: "This announcement, witnessed at the highest levels by both governments, reflects extremely well on the cooperation between Bombardier and China in the aviation sector, as well as on the overall economic relations between Canada and China."

Bombardier Commercial Aircraft president Mike Arcamone said: "With the aircraft having recently completed its historic maiden flight, the worldwide momentum of interest for the CSeries aircraft programme continues to grow and we are pleased that yet another leading lessor has placed its trust in the CSeries airliner."

Bombardier’s new CSeries family is designed for the growing 100 to 149-seat market, and is powered by Pratt & Whitney PurePower PW1500G engines.

The CSeries offers a 15% cash operating cost advantage and a 20% improvement on fuel burn.

Bombardier has received 403 orders for CSeries aircraft to date, including 177 firm orders for CSeries aircraft.

Image: Bombardier CSeries family offers a 15% cash operating cost advantage and a 20% fuel burn advantage. Photo: courtesy of Bombardier.

Defence Technology