Iraqi government orders CRJ900s

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Bombardier Aerospace announced yesterday that the Iraqi government has placed a firm order for six CRJ900 NextGen airliners that will be used for civilian airline services in Iraq.

Bombardier Aerospace announced yesterday that the government of Iraq has placed a firm order for six CRJ900 NextGen airliners that will be used for civilian airline services in Iraq. The transaction includes options on an additional four CRJ900 NextGen aircraft.

Based on the list price for the CRJ900 NextGen aircraft, the value of the firm contract is approximately $239m. If all options are exercised, the contract value could rise to approximately $400m.

The order announced yesterday increases firm orders for CRJ900/CRJ900 NextGen airliners to 248. In the past two months, Bombardier has delivered 1,471 CRJ Series aircraft, including 145 CRJ900/CRJ900 NextGen airliners, to operators around the world.

Bombardier’s CRJ NextGen aircraft were launched in 2007 and are said to be achieving improved economics compared to earlier CRJ Series aircraft. These improvements come from fuel burn savings of up to four per cent and direct maintenance cost reductions achieved through lower airframe maintenance requirements.