Iraqi Airways CEO and DG Saad Al-Khafaji and Bombardier Commercial Aircraft president Mike Arcamone in Dubai
According to Iraqi CEO and DG Saad Al-Khafaji, the LOI includes options for five more CS300s, plus “future options” for another six. The deal is valued at $1.26 billion at current list prices if all 16 aircraft are exercised.
Iraqi Airways operates six CRJ900 NextGen regional jets.
The LOI was executed at the Dubai Air Show during a visit that included government officials from Iraq, Canada, Northern Ireland and the UK.
As of today, Bombardier has secured commitments for 419 CSeries aircraft, including 177 firm orders, from 16 customers.
(Steve Costley - ATWOnlinenews)