Turkey’s Atlasjet inks deal for up to 15 Bombardier CS300s

DUBAI - Bombardier Aerospace announced on Tuesday that Atlasjet Havacilik AS of Istanbul has signed a letter of intent to acquire 10 CS300 jetliners and take options on five further aircraft.

By (Staff Report)

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Published: Wed 16 Nov 2011, 11:02 PM

Last updated: Tue 7 Apr 2015, 7:40 AM

Based on the list price of the CS300 airliner, a firm-order contract would be valued at $776 million, and could increase to $1.18 billion if the five options were converted to firm orders.

“Thereare several reasons why we selected Bombardier’s all-new CS300 aircraft,” Atlasjet chairman Murat Ersoy said.

“The CS300 aircraft has the best economics in its class; it is well suited for our unique operations in hot temperature environments; and, based on its performance and economics, it will return the highest profitability in strategic markets. With its offering of widebody comfort in a single-aisle aircraft, it is the right-sized platform for us.”

“We consider airlines operating in Turkey and the Middle East to be prime candidates for the CSeries aircraft,” Bombardier Aerospace president and chief operating officer Guy C. Hachey said. “Airlines in the region face revenue and performance challenges as their current fleets are composed mainly of jet aircraft larger than the CSeries aircraft. The CSeries aircraft gives airlines a right-sized solution optimised for their environment and operation.”

Founded in 2001, Atlasjet operates 17 aircraft on domestic and international routes with scheduled and charter services. It is operated and managed by Ersoy Turistik Servisleri, a conglomerate of travel companies with tourism offices across Turkey.

Atlasjet operates domestic scheduled passenger services and regular charter flights to cities across Europe, Kazakhstan, Iraq and Saudi Arabia. Operating from its main base at Atatürk International Airport in Istanbul, the airline also has hubs at Adnan Menderes Airport, Izmir and Antalya Airport.

“The CSeries aircraft has the range and payload capability that meet our mission requirement,” Atlasjet chief executive officer Orhan Coskun said.

“The CSeries aircraft has excellent operational flexibility and that’s what we need.”

business@khaleejtimes.com


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