Bombardier Aerospace announced today that Riga, Latvia-based Air Baltic Corp. (airBaltic) has signed a letter of intent (LOI) to acquire 10 CS300 aircraft and take purchase rights on a further 10 CS300 jetliners.
Based on the list price of the CS300 airliner, a firm-order contract with the network carrier will be valued at approximately $764 million US, and could increase to $1.57 billion US should the 10 purchase rights be converted to firm orders.
"As we look to replace the older aircraft in our fleet, matching the requirements of our business plan, we reviewed the narrowbody platforms from the
Based on the list price of the CS300 airliner, a firm-order contract with the network carrier will be valued at approximately $764 million US, and could increase to $1.57 billion US should the 10 purchase rights be converted to firm orders.
"As we look to replace the older aircraft in our fleet, matching the requirements of our business plan, we reviewed the narrowbody platforms from the
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