Bombardier Sells Six CRJ900 NextGen Airliners to Iraq

Released on Thursday, March 13, 2008

Bombardier Aerospace announced today that the Government of Iraq has placed a firm order for six CRJ900 NextGen airliners which will be used for civilian airline services in Iraq. The transaction includes options on an additional four CRJ900 NextGen aircraft.

Based on the list price for the CRJ900 NextGen aircraft, the value of the firm contract is approximately $239 million U.S. If all options are exercised, the contract value could rise to approximately $400 million U.S..

"We are pleased that the Government of Iraq has selected the CRJ900 NextGen aircraft to help rebuild the domestic and regional airline services in Iraq," said Steven Ridolfi, President, Bombardier Regional Aircraft. "We are confident that the CRJ900 NextGen airliner will serve commercial airline operations in the country very well."

The order announced today increases firm orders for CRJ900/CRJ900 NextGen airliners to 248. As of January 31, 2008, Bombardier had delivered 1,471 CRJ Series aircraft - including 145 CRJ900/CRJ900 NextGen airliners - to operators around the world.