Bombardier Signs USD$2.56 Bln Ilyushin Deal

February 20, 2013

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Bombardier announced that Russia's Ilyushin Finance has signed a USD$2.56 billion agreement to buy 32 of the Canadian aircraft manufacturer's CS300 airliners.

Ilyushin also has an option for ten more of the 130-seat jets, which would raise the total value of the deal toUSD $3.42 billion, Bombardier said.

Bombardier will report its fourth-quarter results on Thursday.