airBaltic firms up deal for up to 20 CS300s

airBaltic has signed a firm purchase agreement to acquire 10 Bombardier CS300, with purchase rights taken for a further 10 of the model.

The purchase agreement converts to firm orders a Letter of Intent (LOI), announced at the Farnborough Air Show, which also included the purchase rights on the 10 additional CS300s.

“A modern and efficient fleet is one of the fundamentals of the airline business, and this order is a progressive and exciting move forward for us,” explained Martin Gauss, chief executive officer, airBaltic. “Following an in-depth analysis of existing and re-engined aircraft, as well as the new technologies offered by Bombardier’s all-new CSeries aircraft, the results were clear and we selected the CSeries airliner. Earlier this year we launched our ‘ReShape’ business plan that calls for the replacement of older aircraft and the transition to ‘greener flying’ with an exclusive all-Bombardier fleet that will eventually involve taking on more Q400 NextGen aircraft together with the CSeries. The CS300 and the Q400 NextGen – each being the most efficient aircraft in its class – will optimise airBaltic’s network and fit perfectly in our ‘ReShape’ business plan due to their performance, economics, environmental benefits and passenger comfort.”

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