Chinese Airline places conditional order for six Bombardier CRJ900 NextGen aircraft

Bombardier Aerospace released that a Chinese airline, which has requested to remain unidentified at the present time, has signed a conditional purchase agreement for six CRJ900 NextGen aircraft. The transaction, which is the first for CRJ900 aircraft in China, includes options on an additional five CRJ900 NextGen aircraft. Based on the list price for the CRJ900 NextGen aircraft, should the conditional agreement for the six aircraft be converted to a firm order, the contract would be valued at approximately $264 million. Should all five options also be converted to firm orders, the value of the contract would increase to $491 million US.