Business Irish

Monday 20 August 2018

Bombardier clinches €5.15bn deal for 60 Irish-made aircraft

David Coleal, president of Bombardier Business Aircraft. Photo: Bombardier Business Aircraft/Handout via REUTERS
David Coleal, president of Bombardier Business Aircraft. Photo: Bombardier Business Aircraft/Handout via REUTERS

John Mulgrew

Bombardier has landed a deal for up to 60 of its Irish-made aircraft – worth up to €5.15bn (£4.5bn).

The aerospace giant, which employs around 4,000 workers in Northern Ireland, secured a firm order from airBaltic for 30 of its CS300 passenger jets, and the option for a further 30.

Based on book price, the deal could be worth as much as £4.5bn.

Meanwhile, Bombardier has unveiled two new luxury business jets which will be part-made in Belfast.

It will build two new private planes, the Global 5500 and Global 6500 aircraft.

The plane-maker already makes the forward fuselage, engine nacelles and other components for the Global 5000 and Global 6000 business jets.

Earlier this year, Bombardier landed a contract American Airlines worth a potential £1bn for 30 regional jets, which are part-made in Belfast.

And in January, Bombardier’s Northern Ireland workforce breathed a sigh of relief when the US International Trade Commission last month ruled in its favour after a challenge by American rival Boeing.

The firm had been facing a 292pc tariff on the sale of its planes to the US.

Belfast Telegraph

Business Newsletter

Read the leading stories from the world of Business.

Also in Business