Ilyushin orders 42 CSeries aircraft

Ilyushin Finance Co. (IFC) has firmed up an agreement to buy up to 42 CS300 aircraft – 32 firm orders and 10 options. The announcement follows a letter of intent signed by IFC in 2011 and a conditional purchase agreement announced by Bombardier on February 20, 2013. Based on the list price for the CS300 aircraft, the firm order is valued at approximately $2.56 billion US. Should IFC also exercise its 10 options, the contract would have a total value of approximately $3.42 billion US. “Operators in the Commonwealth of Independent States (CIS), as well as those based in other