PrivatAir orders CSeries jets

Bombardier Aerospace has
announced that Geneva-based PrivatAir has placed a firm order for five CS100
airliners and has taken options on an additional five CS100 aircraft.

Based on the list price for the CS100 aircraft, the firm order contract is
valued at approximately $309 million, and could increase to $636 million if the
five options are exercised.

The CSeries aircraft ordered by PrivatAir will be delivered in an all-business
class configuration.

“The CSeries aircraft represent cutting-edge technology and are true 21st
century jetliners,” said Greg Thomas, president and chief executive officer,
PrivatAir. “The CS100 jetliner is very well suited for our route expansion
plans and we look forward to introducing this very modern aircraft into our
fleet.”

“The CSeries aircraft program keeps growing and we have now announced our
11th customer,” said Guy Hachey, president and chief operating officer,
Bombardier Aerospace. “The CSeries family of aircraft is designed for
operational flexibility and many airlines around the world, like PrivatAir, are
very much aware of how the aircraft can meet their future plans. Our global
push, as well as the superior performance benefits of the CSeries aircraft,
will ensure that Bombardier will capture a significant portion of the 100- to
149-seat market segment over the next twenty years.”

“Included among the 11 customers that have selected the CSeries aircraft
are major network carriers, national carriers, premium airlines serving city
centre airports, a low-cost airline, leasing companies and now, with the order
from PrivatAir announced today, a full service provider to airline partners,”
said Philippe Poutissou, vice president, Marketing, Bombardier Commercial
Aircraft. “This diversity of customers speaks volumes about the
flexibility of the CSeries aircraft family to meet air transport requirements
worldwide.”