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Friday, October 18, 2013

Bombardier Unveils China CSeries Buyer

Woodrow Bellamy III

Bombardier on Friday unveiled a previously undisclosed customer for up to 30 of its CSeries passenger jets, CDB Leasing Co. (CLC), of China. 
The purchase agreement includes a firm order for five CS100 and 10 CS300 aircraft, with options for 15 additional CSeries jets, valued at $2.07 billion if all options are exercised. Bombardier announced the order during an event attended by Canadian and Chinese government officials in Beijing Friday. 
"Given ongoing high fuel prices and increased environmental concerns, older and less efficient aircraft represent one of the greatest challenges to airlines," said Wang Chong, chairman of CLC. 
Following the completion of its maiden flight in September, Bombardier has now re-entered a series of ground vibration checks with its first CSeries flight test aircraft. The manufacturer expects to complete airworthiness testing for the CSeries within 11 months, including nearly 2,500 hours of flight testing. 


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