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Stock Market & Financial Investment News

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December 4, 2013
09:07 EDTBDRBFBombardier signs firm purchase agreement with Iraqi Airways
Bombardier Aerospace announced that Iraqi Airways, the national carrier of Iraq, has signed a firm purchase agreement to acquire five CS300 mainline jetliners. The agreement, which also includes options on 11 CS300 aircraft, follows a letter of intent to purchase the aircraft that was announced by Bombardier on November 19 during the Dubai Airshow. As previously announced, based on the list price for the CS300 aircraft, the firm order is valued at approximately $387M and could increase to $1.26B if the 11 options are converted to firm orders.
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