New Bombardier CS100 plane showcased in Rīga

On Friday the new Bombardier CSeries CS100 plane was displayed at Rīga International Airport as part of the aircraft's Northern Europe tour. Rob Dewar, Vice President of the C Series Aircraft Program at Bombardier and head of Latvia's national airline airBaltic Martin Gauss were present to showcase the plane.

The plane arrived in Europe from Montreal to Stockholm. Rīga was among the first European cities where the CS100 has landed.

The CS100 series is expected to enter service in Q2 2016 with SWISS and just finished a series of route proving flights in North America. It is set to be certified by 2016 with Transport Canada. 

Dewar praised the CSeries planes, saying they're more fuel-efficient, convenient and nature-friendly - all a great boon to airBaltic passengers, according to the Bombardier representative.

airBaltic will be the first airline to fly the Bombardier CS300, the second model from the Bombardier CSeries aircraft. 

Dewar said that airBaltic will receive the first CS300 planes in early September 2016.

The airline has orders for 13 CS300 aircraft in a deal worth close to $1b. The CS300 differs from the showcased model mainly in that it has about 30 more seats, Dewar told LSM.

In the future airBaltic plans on having a total of 29 Bombardier planes in its fleet. The fleet expansion depends on investments in airBaltic and on sorting out the company's equity capital, Gauss told the media. airBaltic needs the extra capital for buying as opposed to leasing the planes, which is more expensive in the long run.

Gauss was quick to quell any speculation over the airline buying a further five aircraft, namely Russian-made Sukhoi regional jets, saying that reaching a positive equity capital is necessary for financing the Bombardier aircraft and that no deal has been struck yet for any other planes.

A loan of €80m from the state on top of Montag-Girmes' investment of €52m, Gauss said, would be sufficient for financing the Bombardier aircraft.

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