Bombardier Aerospace has announced that Iraqi Airways, the national carrier of Iraq, has signed a letter of intent (LOI) to acquire five CS300 mainline jetliners. The LOI includes options on 11 CS300 aircraft. Based on CS300 airliner list price, a firm order would be valued at approximately $387 million US and could increase to $1.26 billion US if the 11 options are converted to firm orders. Iraqi Airways operates six CRJ900 NextGen regional jets. “Over the last few years, Iraqi Airways has successfully utilized its CRJ900 NextGen aircraft to open routes and expand into new markets, and today we are

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