Bombardier lands a second CSeries win after Airbus backs jet


MONTREAL-Bombardier Inc. said its deal with Airbus has yet to ignite new sales discussions, but existing efforts have yielded results as the manufacturer announced a potential order with Africa's largest airline.

The purchase gives Bombardier another customer for its new jet less than a month after the company agreed to cede control of the C Series to Airbus in exchange for the European planemaker's marketing heft and manufacturing expertise.

Egypt's flagship state carrier EgyptAir has signed a letter of intent to order 12 Bombardier CS300 passenger aircraft for $1.1 billion.

The two orders, the other for 31 aircraft from an undisclosed European buyer, are expected to be finalized by the end of 2017, a senior Bombardier executive said. That would raise the number of firm C Series orders to more than 400.

"EgyptAir has signed a letter of intent for 12 CS300 aircraft, and will take options on a further 12", the statement added.

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"It would be hard to wish for a better carrier to establish our presence in the region", Bole said in a conference call with reporters from Dubai.

Bombardier Commercial Aircraft President Fred Cromer could not say whether EgyptAir would be the first Middle East airline to operate the CSeries.

EgyptAir intends to buy up to 24 of Bombardier's C-Series planes, the aerospace firm has said.

A USA trade commission will decide in early 2018 on whether to impose duties of almost 300 percent on the CSeries, after Boeing complained the planes had been subsidised and sold below cost in the United States.