2008-07-21 - Bombardier launches C-SerieBombardier launches CSeries

Lufthansa erster Kunde für neues Verkehrsflugzeug<br /> Bombardier announced that its Board of Directors has granted approval for the launch of the CSeries family of aircraft, a new game-changing five-abreast commercial airliner family, with the economics, performance, environmental and passenger-oriented improvements demanded by airline customers for the next quarter century. Entry into service is scheduled for 2013.

Launch customer, Lufthansa, a leading German airline, has signed a letter of interest (LOI) for up to 60 aircraft, including 30 options. The approximate list price of each aircraft is $46.7 million US. Additionally, discussions with a number of established airlines worldwide are progressing well. Bombardier made the announcement today at the Farnborough International Airshow during a press conference at its CSeries pavilion hosted by Pierre Beaudoin, President and Chief Executive Officer, Bombardier Mirabel and Saint-Laurent, Quebec; Belfast, Northern Ireland selected
Bombardier also announced that it has selected Mirabel as the final assembly location for the CSeries aircraft program. The decision was made after a rigorous comparative analysis of potential final assembly sites based on an exhaustive list of key financial and strategic criteria. "The final assembly facility will be located in Mirabel, in the greater Montreal area, thus ensuring Bombardier's access to a skilled aerospace workforce and to an established aerospace education system," said Guy C. Hachey, President and Chief Operating Officer, Bombardier Aerospace. "Additionally, the manufacture of the aircraft's aft fuselage and cockpit will take place at our Saint-Laurent facility, near our new product development centre, home to the growing CSeries team." Bombardier's Belfast facility, a centre of excellence for composite manufacturing, will be home to the design and manufacture of the CSeries aircraft wings.
Bombardier has received and accepted offers of repayable investments from the governments of Canada and Quebec as well as Northern Ireland and British Government Departments. The total repayable investments will cover approximately one-third of the expected R&D costs. Bombardier will also contribute about one-third, as will key suppliers. "The CSeries aircraft program is a compelling business proposal for both Canada and Quebec as well as Northern Ireland and British Government Departments. It involves, among other things, the development of new technology, creation of employment and further consolidation of Canada's leadership in the aerospace industry. Our partners, including governments and suppliers, will benefit from the program's success," stated Mr. Hachey.
The five-abreast CSeries aircraft family is specifically designed to meet the growing needs of the 100- to 149-seat commercial aircraft market category, estimated by Bombardier at 6,300 aircraft representing more than $250 billion US revenue over the next 20 years. Bombardier expects to be able to capture up to half of this market.

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