Republic Airways Orders up to 80 Bombardier CSeries Aircraft

• Republic Airways Holdings is the first North American airline to place a firm order for Bombardier's CSeries jetliners

(Toronto, February 25, 2010) -- Bombardier Aerospace announced today a major order for its all-new CSeries aircraft to Republic Airways Holdings Inc. The Indianapolis, Indiana-based airline has signed a firm purchase agreement to acquire 40 CS300 jetliners. The agreement also includes options for an additional 40 CS300 aircraft. Republic Airways Holdings is the first North American airline to place a firm order for Bombardier's CSeries jetliners.

Based on the list price for the CS300 aircraft, the contract is valued at approximately $3.06 billion US, which could increase to approximately $6.34 billion US if all options are exercised.


"Republic Airways Holdings has selected Bombardier's CSeries jetliner because no other aircraft can match the attributes it brings to the market," said Bryan Bedford, Chairman, President and Chief Executive Officer, Republic Airways Holdings Inc. "The CSeries aircraft's leading-edge technologies bring unmatched economics, operational flexibility, reduced environmental impact and passenger comfort. Our passengers will find the aircraft's cabin features - wide aisles, spacious seating with increased shoulder space, extra large windows and upsized storage - particularly attractive. The CSeries aircraft will give us a major competitive cost advantage and complement our future growth and development plans."

"The CSeries aircraft program is a significant part of Bombardier's future, and we're delighted that Republic Airways will be part of it," said Gary R. Scott, President, Bombardier Commercial Aircraft. "This major CSeries aircraft order from our first North American customer reflects the confidence Republic Airways has in Bombardier's ability to deliver a game-changing aircraft and to service the airline's requirements."

Source : Bombadier Aerospace