CityJet sign conditional purchase agreement for up to 10 CRJ900 aircraft

Dublin-based regional carrier, CityJet has signed a conditional purchase agreement for six CRJ900 aircraft and has also taken options on an additional four aircraft. This purchase agreement is expected to go firm on January 31, 2017. Upon delivery, the aircraft will operate wet lease services on behalf of Scandinavian Airlines (SAS). Based on the list price of the CRJ900 aircraft, the conditional order is valued at approximately US$280m and could increase to US$467m, should CityJet exercise all its options.