Russia's Ilyushin Finance Co. Signs Purchase Agreement for up to 42 Bombardier CSeries Aircraft

Russia's Ilyushin Finance Co. Signs Purchase Agreement for up to 42 Bombardier 
CSeries Aircraft 
TORONTO, ONTARIO -- (Marketwire) -- 02/20/13 -- Bombardier Aerospace
announced today that Moscow-based, national leasing company, Ilyushin
Finance Co. (IFC), has signed a purchase agreement to acquire 32
CS300 aircraft and options for an additional 10 CS300 aircraft. The
transaction, which follows a letter of intent signed by IFC in 2011,
is subject to approval by the company's shareholders. A signing
ceremony to commemorate the agreement was held today during a visit
by IFC and Russian dignitaries to Bombardier's final assembly
facility for the CSeries aircraft in Mirabel, Quebec. 
Based on the list price for the CS300 aircraft, a firm order from IFC
for 32 aircraft would be valued at approximately $2.56 billion US.
Should IFC also exercise its 10 options, the contract would have a
total value of approximately $3.42 billion US. 
"The aircraft leasing world is changing rapidly," said Alexander
Rubtsov, Director General, IFC. "As older, less efficient designs
present ongoing challenges to airlines - given high fuel costs and
heightened environmental concerns - the CSeries aircraft offers
transcontinental range, superior field and runway performance, and a
superb cabin that will bring air transport into the 21st century." 
Mr. Rubtsov also noted that the order for the game-changing,
technologically advanced CSeries jetliners is its first large,
non-Russian aircraft order, adding that the CSeries aircraft, with
its capacity and performance, is ideally placed between the Russian
Superjet and the MC-21 aircraft, which IFC has committed to purchase. 
"This is a landmark opportunity for Bombardier Aerospace and its
CSeries aircraft," said Mike Arcamone, President, Bombardier
Commercial Aircraft. "The CSeries aircraft was tailor-made for
operation in this vast region and has the potential to offer a
step-change in air travel in Russia and throughout the Commonwealth
of Independent States." 
Currently, 95 CRJ regional jets and Dash 8/Q-Series aircraft are in
service or on order in Russia and the Commonwealth of Independent
States. In addition, Bombardier is also exploring opportunities for
its Q400 NextGen turboprop aircraft in Russia. 
CSeries aircraft 
Designed for the growing 100- to 149-seat market, the 100 per cent
new CSeries aircraft family combines advanced materials, leading-edge
technology and proven methods to meet commercial airline requirements
in 2013 and beyond. Powered by Pratt & Whitney PurePower PW1500G
engines, the CSeries aircraft family will offer a 15(i) per cent cash
operating cost advantage and a 20(i) per cent fuel burn advantage.
The CSeries aircraft's clean-sheet design is ensuring that the
aircraft will achieve greatly reduced noise and emissions, as well as
superior operational flexibility, exceptional airfield performance
and a range of 2,950 nm (5,463 km)(i). The CSeries aircraft will be
up to 12,000 lbs. (5,443 kg)(i) lighter than other aircraft in the
same seat category and will provide passengers with a best-in-class,
widebody cabin environment in a single-aisle aircraft. 
As of December 31, 2012, Bombardier had booked orders and commitments
for 382 CSeries aircraft that include firm orders for 148 CSeries
airliners. 
About Bombardier 
Bombardier is the world's only manufacturer of both planes and
trains. Looking far ahead while delivering today, Bombardier is
evolving mobility worldwide by answering the call for more efficient,
sustainable and enjoyable transportation everywhere. Our vehicles,
services and, most of all, our employees are what make us a global
leader in transportation. 
Bombardier is headquartered in Montreal, Canada. Our shares are
traded on the Toronto Stock Exchange (BBD) and we are listed on the
Dow Jones Sustainability World and North America indexes. In the
fiscal year ended December 31, 2011, we posted revenues of $18.3
billion USD. News and information are available at bombardier.com or
follow us on Twitter @Bombardier. 
Notes to editors 
Images of CS300 aircraft in IFC's livery are posted with this press
release at: www.bombardier.com.  
Follow @Bombardier_Aero on Twitter to receive the latest news and
updates from Bombardier Aerospace. 
(i) The CSeries aircraft are in the development phase. All data and
specifications are estimates, subject to changes in family strategy,
branding, capacity and performance during the development,
manufacture and certification process. All performance references
have been estimated based on a 500-nm North American operating
environment and comparisons are to in-production aircraft. 
Bombardier, CRJ, CS300, CSeries, Dash 8, NextGen, Q-Series, Q400 and
The Evolution of Mobility are trademarks of Bombardier Inc. or its
subsidiaries.
Contacts:
Marc Duchesne
Bombardier Commercial Aircraft
+1-416-375-3030
marc.duchesne@aero.bombardier.com
www.bombardier.com
 
 
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