China Express Airlines ordered 16 Bombardier CRJ900 NextGen aircraft

China’s sole specialized regional airline, China Express Airlines (China Express), is the previously announced unidentified customer that had placed a firm order for 16 CRJ900 NextGen regional jets and had taken options for eight additional airliners of the same type. This purchase agreement was initially announced on June 30th, 2014. As previously announced by Bombardier, based on the list price for the CRJ900 NextGen aircraft, the firm order is valued at approximately US$727m. The value could increase to US$1.12bn should China Express exercise its options.