Also Tuesday, Canada's Bombardier Aerospace said Latvia-based airBaltic had signed a letter of intent to buy 10 CS300 aircraft and take purchase rights on a further 10 of the jets. At list prices, the deal would be worth around $764 million and could increase to $1.57 billion should the rights be taken up.
The deal, should it go through, represents another success for the Canadian planes and trains maker in the competitive short-haul market. Earlier this week, Bombardier also said it had a conditional order for five CS100 and 10 CS300 aircraft placed by an unidentified customer.
"The diversity of the C Series aircraft customers ... speaks volumes about the flexibility of the aircraft to serve diverse transport needs worldwide," said Mike Arcamone, president of Bombardier's commercial aircraft division.
This year's airshow is taking place at a time when the global economy is showing signs of slowing down and governments around the world are cutting back costs on military spending as they grapple with high debt levels. The combination of a faltering economy and lower government spending is a difficult combination for the aviation industry as air travel tracks global economic growth.
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