Air baltic has signed deal to buy 30 MORE Bombardier CS300 worth 3.8 Billion

Air Baltic has signed a deal to buy 30 CS300 aircraft with options and purchase rights for 30 more. Based on the list price, the firm order is valued at about $3.8 billion.

Deliveries of the new aircraft are set to begin in the fourth quarter of 2019.

Air Baltic has already ordered 20 of the type, eight of which are in commercial service.

"In 2017, we experienced outstanding growth and showed the world the unique capabilities and comfort of this innovative aircraft," says Air Balticchief executive Martin Gauss. "We successfully executed our fleet modernisation strategy, and are excited to further grow our fleet up to 80 CS300 aircraft while phasing out our other aircraft types in the next three years."

The airline has previously said it was looking at more CSeries aircraft as replacements for its Bombardier Q400s, of which it operates a dozen, and its Boeing 737-300 and 500s.