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5 jet planes to be sold to Iraq by Bombardiers | ||
| 22/11/2013 | ||
Iraq's national carrier will acquire five of the CS300 jets with options for 11 more planes, the company said in an announcement at the Dubai Airshow. The order is valued at $387 million at list price. However, with the options, the deal would be worth $1.26 billion. Iraq Airways currently operates six of Bombardier's CRJ900 NextGen regional jets. Bombardier hopes the CSeries aircraft family can catapult it into the low end of a market now dominated by Boeing Co and Airbus. In the month of March, in the year of 2013, the first test plane had been unveiled and the flight services set off in the month of September for the first time, though it was a delay of a month. But firm orders for the CSeries are moderate so far at 177, as potential buyers wait for flight test results to validate the company's claims about the new jetliner's fuel efficiency and cost savings potential. Gulf carriers like Qatar Airways have also shown interest in the plane. The aircraft currently has booked orders and commitments for 419 CSeries aircraft with about 16 customers, Bombardier said. The firm is targeting 300 firm orders by the time the first jet is put into commercial use. | ||
Last Update:: 22/11/2013 | ||
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