Will become Asian launch customer for the CSeries aircraft program

Bombardier Aerospace announced today that Korean Air, South Korea’s flagship airline, has signed an agreement to acquire 10 Bombardier CS300 aircraft with an additional 10 options and 10 purchase rights on CS300 airliners. The parties signed a Letter of Intent (LOI) after several months of detailed negotiations.

“This is our first CSeries aircraft customer in Asia and signals the aircraft program’s entry into the fast growing Asia-Pacific market,” said Gary R. Scott, President, Bombardier Commercial Aircraft. “Korean Air is one of the world’s most prestigious airlines, and we are extremely proud that it has selected the CSeries aircraft to meet its route expansion requirements.”

“Our list of customers continues to grow and now covers the Asian, European and North American markets, a testament to the high value and operating flexibility of the CSeries aircraft program,” added Mr. Scott.

Bombardier and Korean Air made the announcement today at the Paris Air Show during a gathering at its CSeries pavilion hosted by Gary R. Scott, President, Bombardier Commercial Aircraft, alongside Walter Cho, Senior Vice President, Korean Air and in the presence of the Honourable Christian Paradis, Minister of Industry Canada.

“The Government of Canada congratulates Bombardier Aerospace on the four CSeries aircraft sales announcements made this month,” said Minister Paradis. “Canadian firms’ ingenuity has been a driving force in our country’s emergence from the global recession. Private sector innovation, such as the CSeries aircraft, is the key to moving our economy forward.”

Bombardier press release