Bombardier, CDB Leasing Agree on $2B CS 100/300 Deal



Bombardier Aerospace announced that CDB Leasing, one of China’s top leasing companies, is the previously announced undisclosed customer that signed a conditional purchase agreement for five CS100 and 10 CS300 jetliners. The purchase agreement also includes options on an additional five CS100 and 10 CS300 aircraft, for a total of up to 30 CSeries aircraft.

This agreement was initially announced as a conditional order from an undisclosed customer for five CS100 and 10 CS300 jetliners on July 8, 2012.

As previously announced by Bombardier, based on list prices of CS100 and CS300 aircraft, the contract is valued at approximately $1.02 billion. Should all 15 options be exercised, the value of the contract would increase to $2.07 billion.

Designed for the growing 100- to 149-seat market, the 100% new CSeries aircraft family combines advanced materials, leading-edge technology and proven methods to meet commercial airline requirements.

For the full Bombardier news release, click here.


Like this story? Begin each business day with news you need to know! Click here to register now for our FREE Daily E-News Broadcast and start YOUR day informed!

Leave a comment

No tags available

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
[email protected]
Susie Angelucci
Advertising: 484.459.3016
[email protected]

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.
www.abfjournal.com