MIRABEL, Quebec: Moscow-based national leasing company Ilyushin Finance (IFC) has signed here a purchase agreement to acquire Bombardier 32 CS300 aircraft and options for an additional 10 CS300 aircraft valued at approximately US $2.56 billion.
The landmark transaction with Bombardier Aerospace is subject to approval by the company's shareholders.
Based on the list price for the CS300 aircraft, a firm order from IFC for 32 aircraft would be valued at approximately US $2.56 billion US. Should IFC also exercise its 10 options, the contract would have a total value of approximately US $3.42 billion.
Bombardier Commercial Aircraft President Mike Arcamone said, "The CSeries aircraft was tailor-made for operation in this vast region and has the potential to offer a step-change in air travel in Russia and throughout the Commonwealth of Independent States." (QNA)
