Bombardier Welcomes Arab Wings and Iraq Gate to the Family of CRJ Series Aircraft Customers and Operators Bombardier Commercial Aircraft has welcomed Jordan-based Arab Wings, and its joint venture partner Iraq Gate, to the family of CRJ Series aircraft owners and operators. Iraq Gate commenced service in March 2015 with its first CRJ200 aircraft, adding […]
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Citi to Advise on $2bn Loan for Boeing Jets
By John Lee. The Deputy Transport Minister, Bangen Rekani, has told Bloomberg that Iraq will seek $2 billion in financing to cover part of the cost of the 40 jets it has on order from Boeing. Iraq ordered 30 737-800s in 2008, followed by 10 787-8 long-haul Dreamliners in 2009, and a single 777 in 2012 — […]
Iraqi Airways Signs Bombardier Deal
By John Lee. Bombardier Aerospace has announced that Iraqi Airways, the national carrier of Iraq, has signed a firm purchase agreement to acquire five CS300 mainline jetliners. The agreement, which also includes options on 11 CS300 aircraft, follows a letter of intent (LOI) to purchase the aircraft that was announced by Bombardier on November 19 […]
Iraq Negotiates with Airbus
By John Lee. Iraqi Transport Ministry is negotiating with Airbus to buy a number of planes, according to a report from Aswat Al Iraq. Iraqi Transport Minister Hadi al-Ameri said the negotiations related to a number of A320 planes. He also confirmed signing the contract with the Canadian company Bombardier to buy ten planes, and […]
Iraqi Airways Buys 16 Bombardiers
Bombardier Aerospace has announced that Iraqi Airways, the national carrier of Iraq, has signed a letter of intent (LOI) to acquire five CS300 mainline jetliners. The LOI includes options on 11 CS300 aircraft. Based on CS300 airliner list price, a firm order would be valued at approximately $387 million US and could increase to $1.26 […]
Tags: Bombardier, Iraqi Airways
Cabinet Authorises Bombardier Contract
By John Lee. The Iraqi cabinet has authorized the Transport Ministry to sign a contract with the Canadian firm Bombardier. The deal will involve the purchase of five CS300 aircrafts at a cost of $40 million each, according to a report from Aswat al-Iraq. (Source: Aswat Al Iraq)
Tags: Bombardier
Iraq Dumps Bombardier for Boeing, Airbus
Bloomberg reports that Iraqi Airways plans to halt an order to buy regional jets from Canada’s Bombardier in favour of larger planes most likely from Boeing or Airbus, after the government granted it a $300 million interest-free loan. The carrier is unlikely to convert on option to buy further 90-seat Bombardier CRJ900 planes after taking […]
Kuwait Airways to Pursue Iraqi Assets
According to a report from The National, lawyers for Kuwait Airways have vowed to seize international assets owned by the Iraqi government following a recent court ruling in its long-running dispute with Iraqi Airways. A UK court ruling has granted Kuwait Airways the right to file proceedings against the Iraqi government and ministries of transport […]
Iraq to Buy 15 New Aircraft
Iraq’s Transport Ministry revealed on Thursday that it has signed a contract with a German company to buy 15 civilian aircraft to be delivered by 2013. According to the report from AKnews, this indicates that the ministry plans to contract with international airlines to operate flights to the country, on the condition that about 45% […]
Kuwait to Seize Iraqi planes in Canada?
The Supreme Court of Canada has allowed Kuwait to pursue the seizure of Iraqi government assets in Canada, according to CTV News. The high court has granted an appeal by Kuwait Airways against Iraq and Bombardier Aerospace of Montreal, follows a British judgment that could allow Kuwait to seize Iraqi passenger planes now in Canada. […]