Bombardier receives conditional order for six CRJ900 NextGen Aircraft from Chinese Airline

Oct. 27, 2011
TORONTO, CANADA, Oct. 26, 2011. Bombardier Aerospace announced today that a Chinese airline, which has requested to remain unidentified at the present time, has signed a conditional purchase agreement for six CRJ900 NextGen aircraft. The transaction, which is the first for CRJ900 aircraft in China, includes options on an additional five CRJ900 NextGen aircraft.Based on the list price for the CRJ900 NextGen aircraft, should the conditional agreement for the six aircraft be converted to a firm order, the contract would be valued at approximately $264 million US.
Posted by Skyler Frink

TORONTO, CANADA, Oct. 26, 2011. Bombardier Aerospace announced today that a Chinese airline, which has requested to remain unidentified at the present time, has signed a conditional purchase agreement for six CRJ900 NextGen aircraft. The transaction, which is the first for CRJ900 aircraft in China, includes options on an additional five CRJ900 NextGen aircraft.

Based on the list price for the CRJ900 NextGen aircraft, should the conditional agreement for the six aircraft be converted to a firm order, the contract would be valued at approximately $264 million US. Should all five options also be converted to firm orders, the value of the contract would increase to $491 million US.

More than 80 Bombardier-produced aircraft, including CRJ Series and Q-Series commercial aircraft, as well as Learjet, Challenger and Global business jets are currently operating in China.

Worldwide, CRJ Series aircraft are in service with more than 60 airlines and have logged more than 31 million flight hours and 26 million take-off and landing cycles. In addition to airline operations, more than 30 customers operate corporate variants of CRJ Series aircraft.

Bombardier has recorded firm orders for 1,708 CRJ Series aircraft (including 265 CRJ900 and CRJ900 NextGen aircraft), with 1,647 CRJ Series aircraft (including 252 CRJ900 and CRJ900 NextGen aircraft) delivered as of July 31, 2011.

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