Lease Corporation Orders 20 Bombardier CSeries Jetliners

First Leasing Company Customer for CSeries Aircraft

(March 30, 2009) -- Bombardier Aerospace announced today that Lease Corporation International Aviation (New Buildings) Limited has signed a firm purchase agreement for three CS100 and 17 CS300 jetliners. The purchaser, which also took options on a further 20 CSeries aircraft, is a wholly owned subsidiary of Lease Corporation International Limited (LCI). LCI is a privately owned aircraft leasing company that owns and leases planes to major airlines.


Based on list prices, the firm order for 20 CSeries aircraft is valued at approximately $1.44 billion U.S.

"This firm order for both CS100 and CS300 aircraft adds to the momentum we anticipated for CSeries aircraft following the initial firm order by Deutsche Lufthansa AG. Moreover, LCI's purchase confirms the flexibility designed into this technologically advanced aircraft family as required by all our customers, but especially leasing companies," said Gary R. Scott, President, Bombardier Commercial Aircraft. "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 organizations see a large worldwide demand for aircraft in the 100- to 149-seat category over the next two decades and the CSeries jetliner family is a perfect fit."

Source : Bombadier Aerospace