Released under the GIC Framework
Bombardier Aerospace announced today that Tripoli-based Libyan African Aviation Holding Company has signed a firm order for three CRJ900 NextGen aircraft and has also taken options on an additional three CRJ900 NextGen aircraft. The aircraft will be operated by Libyan Airlines, a subsidiary company of Libyan African Aviation Holding Company. Based on the list price for the CRJ900 NextGen aircraft, the contract is valued at approximately $131.5 million US, which could increase to $267.8 million US should all three options be converted to firm orders. Libyan Airlines currently operates three CRJ900 and two CRJ900 NextGen aircraft in a two-class configuration with seven business class and 68 economy seats. The airline’s previous orders for CRJ900 and CRJ900 NextGen aircraft were announced on June 14, 2007 and January 3, 2008 respectively.