Bombardier signs letter of intent for potential sale of 12 CRJ regional jets

The Canadian Press 0

MONTREAL – Bombardier Inc. (TSX:BBD.B) says its aerospace division has signed a letter of intent with a new customer, for the sale of up to a dozen CRJ900 NextGen regional jets.

The 12 planes have a list price of $563 million, if all are purchased by the unidentified customer.

The deal was signed at the Singapore Airshow.

Earlier Tuesday, the Bombardier formally inaugurated a new full-scale service centre at the Seletar airport, part of the company’s expansion in the Asia-Pacific region.

It also announced a letter of intent to establish a training centre for pilots of Bombardier’s Q400 NextGen propeller-driven passenger planes.

Under the initiative, Bombardier would provide support for aircraft training activities and its authorized provider of turboprop pilot training, Flight International, would supply and operate a full flight simulator.

The training centre would be set up with the support of Nantong Tongzhou Bay Aviation in China’s Jiangsu province.

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