HAL is major beneficiary of latest Indian procurement approvals
India has approved millions of dollars in new military purchases, most of which will go to public sector companies.
Lease Corporation International orders 20 CSeries plus 20 options
Bombardier Aerospace has announced that Lease Corporation International Aviation (New Buildings) Limited has signed a firm purchase agreement for three CS100 and 17 CS300 aircraft. The purchaser, which also took options on a further 20 CSeries aircraft, is a wholly-owned subsidiary of Lease Corporation International Limited (LCI).
Based on list prices, the firm order for 20 aircraft is valued at approximately $1.44 billion.
"This firm order for both CS100 and CS300 aircraft adds to the momentum we anticipated for CSeries aircraft following the initial firm order by Lufthansa," remarked Gary Scott, president, Bombardier Commercial Aircraft. "Moreover, LCI's purchase confirms the flexibility designed into this technologically advanced aircraft family as required by all our customers, but especially leasing companies. We are grateful for LCI's confidence in the CSeries aircraft and delighted to welcome them as the launch leasing company customer. We look forward to working with them on further development of the aircraft for its entry into service in 2013."
"We are excited about the future of Bombardier's CSeries jetliner family," said LCI chairman, Adam Tomazos. "Market studies carried out by ourselves and other organisations see a large worldwide demand for aircraft in the 100- to 149-seat category over the next two decades and the CSeries family is a perfect fit."
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