Matrimonial |  Properties |  Jobs |  Classifieds |  Ask Doctor |  Live TV |  Sponsored Greetings |  Astrology  |   Red Chillies |  Automobile |  Music |  Tribute

      Search in

Friday, February 22, 2013 10:11:08 AM (IST)  

Russian firm signs $2.6 bn deal for 32 Bombardier planes

Moscow, Feb 22 (IANS/RIA Novosti): Russian leasing company Ilyushin Finance Co. (IFC) has signed a $2.56 billion deal with Canadian airplane manufacturer Bombardier to buy 32 CS-300 medium-haul aircraft, Bombardier said.

The deal includes an option for 10 more CS-300 planes.

"Based on the list price for the CS300 aircraft, a firm order from IFC for 32 aircraft would be valued at approximately $2.56 billion. Should IFC also exercise its 10 options, the contract would have a total value of approximately $3.42 billion," Bombardier said in a statement.

The planes will be delivered in 2015-2018, IFC said.

The deal was signed during a visit by IFC officials to Bombardier's final assembly facility in Mirabel, Quebec, following a letter of intent signed in August 2011.

"The aircraft leasing world is changing rapidly," IFC CEO Alexander Rubtsov said.

"As older, less efficient designs present ongoing challenges to airlines - given high fuel costs and heightened environmental concerns - the CS aircraft offers transcontinental range, superior field and runway performance, and a superb cabin that will bring air transport into the 21st century."

The CS-300 narrow-body medium-range airliner can seat from 130 to 150 passengers and has a maximum range of 5,463 km.

Currently, 95 Bombardier's CRJ regional jets and Dash 8/Q-Series aircraft are in service or on order in Russia and former Soviet republics.

Bombardier is also exploring opportunities for its Q400 NextGen turboprop aircraft in Russia, the company says.

Stay updated wherever you go with and Daijiworld 24X7 tv channel mobile apps.
CLICK HERE to download it for your device.
(available on Android and IOS)

Print this Article
Email this article to your friend
Write your Comments
News Title Russian firm signs $2.6 bn deal for 32 Bombardier planes
Your Name
Native Place / Place of Residence
Your E-mail
Your Comment
[Please limit your comments within 2000 characters]

You have characters left.
Disclaimer: Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will be held responsible.
Security Validation
Enter the characters in the image above
Published by Daijiworld Media Pvt Ltd Mangalore
Editor-in-chief : Walter Nandalike

Corporate Office :
Daijiworld Residency,
Airport Road, Bondel Post,
Mangalore - 575 008
Karnataka India
Telephone : +91-824-2982023
City Office :
First Floor,
Divya Deepa Arcade,
Bendorewell, Kankanady,
Mangalore - 575 002
Karnataka India
Telephone : +91-824-4259372
e-mail   General enquiry:, News & Info :

Disclaimer | Privacy Policy | About Us
Copyright 2001 - 2016. All rights reserved.
Our Franchise Offices
Kishoo Enterprises,
3rd Floor, Mandavi Trade Centre,
Kadiyali, Udupi 576 102
Telephone : 0091-820-4295571
e-mail :
Daijiworld Middle East FZE
P.O.Box: 84772, Dubai, UAE
Tel: 971-50-6597629  Fax: 971-4-2639207
There has been a database error. Technical Support has already been notified. You will be informed when this issue is resolved. Thank you for your patience!