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FINANCIAL NEWS
Abu Dhabi’s Falcon signs USD153m agreement with Bombardier
15 Jul 2014
(MENAFN) Abu Dhabi-based Falcon Aviation Services has signed an agreement with Bombardier Aerospace to purchase two CS300 jetliners, according to Arabian Business.
The two companies singed the USD153.6 million agreement, based on the list price of the CS300 aircraft, on Monday.
The transaction is a conversion of the letter of intent to acquire one CS300 aircraft and one option that was announced in February.
Captain Mahmoud Ismael, chief operating officer, Falcon Aviation Services, said: “We selected the CSeries aircraft because of its outstanding passenger amenities and superior performance ” particularly its excellent range and hot-and-high capability.”
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