Bombardier's C Series Gets Boost as AirBaltic Expands Firm Order

A Bombardier C Series aircraft at the International Paris Air Show in Paris.

Photographer: Jasper Juinen/Bloomberg
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Air Baltic Corp., Latvia’s flag carrier, agreed to turn seven options for Bombardier Inc.’s CS300 jetliner into a firm order, bolstering the planemaker’s beleaguered C Series program.

The seven aircraft are valued at about $506 million based on list prices, Montreal-based Bombardier said Tuesday in a statementBloomberg Terminal. AirBaltic will become the first operator of the CS300, which can seat as many as 160 passengers, when deliveries begin in the second half of the year. The airline now has 20 C Series aircraft on order.