Bombardier soars again with first Asian deal
Day two of the Paris Air Show blew more good news into east Belfast as Bombardier Aerospace announced another CSeries deal - this time the first order for the new passenger plane from an Asian customer.
Bombardier, which employs 5,000 people in Queen's Island, said that after months of negotiations, Korean Air had signed a letter of intent to buy 10 CS300s.
Korean Air, which flies to 39 countries, has made provisional orders for another 20 CS300 airliners through 10 options and 10 purchase rights.
The deal with South Korea's flag carrier follows a £380m order for 10 planes from an unnamed airline, which brought Bombardier's firm orders for the new aerospace creation to 113.
Composite wings for the CSeries are made at a purpose-built factory in Queen's Island, Belfast.
On Monday, Bombardier announced three Northern Ireland aerospace companies - and two newcomers - would work on building the wings in contracts worth £70m.
Michael Ryan, vice-president and general manger of the company's Northern Ireland operations, said: "We very much welcome this letter of intent signed with Korean Air for CSeries aircraft. This is further good news for the company and our wider supply chain, particularly in light of the contracts we announced yesterday with several local suppliers."
Gary R Scott, president of commercial aircraft at the Canadian firm, described Korean Air as "one of the world's most prestigious airlines".
"Our list of customers continues to grow and now covers the Asian, European and North American markets, a testament to the high value and operating flexibility of the CSeries aircraft programme."
Bombardier also announced VistaJet of Switzerland has placed a firm order for 10 Global 8000 aircraft, a deal worth $650m. VistaJet ordered eight other Bombardier jets earlier this year.
The Global 8000 business jet has bigger windows than most planes in its class, as well as more room for baggage. AVWest of Australia has ordered six Global business jets in a deal worth $400m.
Ancillary contracts for the CSeries were awarded to Denroy Plastics based in Bangor, Co Down, Williams Industrial Services of Mallusk, Newtownabbey, and Kemfast PASS of Belfast.
US company New Breed Logistics and Nova-Tech Engineering are setting up here after winning their deals.