CSeries on track for 300 orders: Bombardier

A deal signed with Iraqi Airways to purchase five CS300 mainline jetliners puts Bombardier Aerospace well on the way to meeting its target of 300 orders by next year’s launch, according to Bombardier president Pierre Beaudoin. The Iraqi order includes options on eleven more of the CSeries jets. If all of the options are converted to firm orders, the value of the order would be approximately $1.26 billion US. A letter of intent was signed between Iraqi Airways and Bombardier at the Dubai Airshow in November.

Iraqi Airways has been flying six Bombardier CRJ900 NextGen aircraft for several years already. The acquisition of the CS300 aircraft “will complement our network operations and allow us to expand into new markets,” said Captain Saad Al-Khafaji, Chief Executive Officer and Director General, Iraqi Airways. “The CS300 aircraft’s range, fuel efficiency and comfortable, widebody-like cabin will permit us to respond to growing passenger demand and reach destinations across the Middle East, Northern Africa and Europe.”

With this latest order, Bombardier has orders and commitments for 419 CSeries planes. Of these, 182 are firm orders. Sixteen customers have signed on to the CSeries program, the company says. Pierre Beaudoin said in an inverview with CBC news that “we’re in a very good position” to reach 300 firm orders.

The company describes the midrange CSeries jets as a “game changer” with 20 per cent better fuel efficiency than its competitors’ planes. It is designed for the 100–149-seat market, and has what it takes in terms of technology and materials to meet commercial airline requirements. Until now, Bombardier has been known more for its smaller regional and private use jets.

The CSeries still has to undergo months of flight testing. The first flight test was carried out on September 16 after several delays. The first aircraft could enter into service next September. Beaudoin estimates that the jet will be produced for the next twenty years or so, bringing in annual revenues of up to $1 billion.

Did you miss this?

Other Popular Stories

  • Labour groups welcome interim report on precarious workers in Ontario
  • 3 billion bottles, cans and containers diverted out of landfill as deposit programs and recycling management hit new milestone in Ontario
  • Manufacturing down in February in both Canada and US
  • New Boeing 737 Max 8 crash mystery. Why did Lion Air flight 610 crash, killing 189 people, only 13 minutes after take-off?
  • Federal government urged to speak up for nuclear at Paris climate talks
  • Giant wind-solar development announces SMA Canada for O&M
  • Scientists use lab-grown crystals to create whiter LED light
  • GM/Honda latest partners in search for affordable fuel cell car
  • Bombardier holds update on CSeries aircraft
  • Bombardier CS100 certified by Transport Canada
  • Chinese market for water pumps expected to triple by 2017
  • Manufacturing sales up in December but down for the year on weak energy sector
  • Solar Challenge 3,000 kilometer "race" tests solar capabilities and technologies
  • FCA 2020 in Canada: Chrysler 300 to be eliminated; Pacifica to be refreshed; new electric minivan “Portal” to go into production
  • Cement industry opposes wood construction in taller buildings
  • Little support in auto industry for Canada/Korea free trade deal
  • Boeing and Bombardier Dispute Intensifies, Canada and U.K. Pressure Boeing to Resolve Conflict
  • Is Clean Diesel a myth, or a yet-to-come promise?
  • Montreal company ready to launch tiny greenhouse gas-spotting satellite
  • Manufacturing grew in August; oil industry to lose $2.1 billion in 2015
Scroll to Top