50 SKY SHADES - World aviation news

Ilyushin Finance Co has reduced the number of ordered CS300 from 32 to 20 aircrafts

Download: Printable PDF Date: 09 Aug 2016 18:58 (UTC) categories:
Publisher:
Ilyushin Finance Co has reduced the number of ordered CS300 from 32 to 20 aircrafts - Finance publisher
Dana Ermolenko
Country: Russian Federation Aircraft: Airplanes

The leasing company "Ilyushin Finance Co". (IFC) has reduced the number of ordered Bombardier CS300 from 32 to 20 aircrafts. The delivery is expected in late 2018.

The parties explain this adjustments differently. According to Bombardier's opinion Russian customers consider new market’s demands, but IFC refers to the Canadian export agency which hasn’t provided cheap financing due to the sanction against Russia.

In 2013 IFC signed the agreement to buy 32 CS300 aircrafts with an option for another ten aircrafts. In 2014 seven of this option have been transformed into the firm order. However now it comes only to 20 CS300 aircrafts and one turboprop Q400, the option gives an additional five Q400. Such decision has been made due to the «current market demands», said Bombardier.

It was planned that CSeries will occupy the niche which wouldn’t recovered by SSJ100 and MC-21. MC-21 and CS300 are unified at 60% by components and equipment. By the agreement of intent with Canadians IFC can provide the access of Bombardier’s service network to the MC-21 customers. Russian airlines’ respondents do not comment on the interest in CSeries.





Recommended

ENAC in Rome - Tecnam outlines vision for Italian regional air mobility and new airline initiatives

On July 8, Tecnam participated in the official inauguration of new terminal at Rome Urbe Airport, an event hosted by Italian Civil Aviation Authority (ENAC) and ENAC Servizi to present the f...

Electra achieves FAA certification milestone for EL9 Ultra Short Aircraft

Federal Aviation Administration has closed the G-1 Issue Paper, formally establishing the certification basis for Electra’s EL9 Ultra Short aircraft and advancing the company toward the next big...

Solutions for the aviation of tomorrow: Liebherr at Farnborough Airshow 2026

Efforts to increase fuel efficient aircraft operation and an increasing demand for digital solutions are two main drivers for the aviation industry’s – a substantial transformation process...

15 years in the service of science: Lufthansa Airbus celebrates research anniversary

Lufthansa Airbus A340-300, named after the city of "Viersen", is celebrating a special anniversary: When the long-haul jet is scheduled to operate flight LH405 from New York to Frankfurt fro...

Android Apps development in Riga, Latvia