Bombardier Aerospace announced that Iraqi Airways has signed a firm purchase agreement to acquire five CS300 mainline jetliners. The agreement, which also includes options on 11 CS300 aircraft, follows a letter of intent (LOI) to purchase the aircraft that was announced by Bombardier on November 19 during the Dubai Airshow.
As previously announced, based on the list price for the CS300 aircraft, the firm order is valued at approximately USD387 million US and could increase to USD1.26 billion US if the 11 options are converted to firm orders.
Source: Bombardier