Corporate Monitor: Iraqi Airways may not buy further Bombardier planes - MENAFN - Middle East North Africa . Financial Network

Home

MENAFN News

Market Data

Research

Tools

Cart


SEARCH

By:	Name	Symbol

> advanced search

Company Information
Contacts Details
Parties Involved
Detailed Quote
Company News
Charts
Historical Stock Prices
Key Financial Figures

	MENAFN - 03/05/2012

(MENAFN) Iraqi Airways is considering placing orders for Airbus and Boeing planes and stopping an order to buy planes from Canada's Bombardier, Bloomberg reported.

State Minister Ali Al- Dabbagh said that the airline may not buy four 90-seat Bombardier CRJ900 planes after taking delivery of six of the same type. He added that the carrier is looking for larger jetliners.

Iraq's Ministry of Finance will award the airline a USD300 million interest-free loan, to be repaid over 10 year, Al- Dabbagh said.

Bombardier is building bigger airliners, the C-Series, to compete with bigger rivals Boeing and Airbus which dominate the single-aisle market with their 737 and A320-series models.



		MENAFN News	Market Data	Countries	Tools	Section
	Arabic MENAFN	Main News News By Industry News By Country Marketwatch News UPI News Comtex News IPO News Islamic Finance News Private Equity News How-To Guides Technology Section Travel Section Search News	Market Indices Quotes & Charts Global Indices Arab Indices US Markets Details Commodoties Oil & Energy Currencies Cross Rates Currencies Updates Currency Converter USA Stocks Arab Stocks	Algeria Bahrain Egypt Iraq Jordan Kuwait Lebanon Morocco Oman Palestine Qatar Saudi Arabia Syria Tunisia UAE Yemen	Weather Investment Game Economic Calendar Financial Glossary My MENAFN Portfolio Tracker Voting Financial Calculators RSS Feeds [XML]	Corporate Monitor Events Real Estate Submit Your Property Arab Research Buy a Research Press Releases Submit your PR Join Newsletters

© 2000 menafn.com All Rights Reserved. Terms of Service \| Privacy Policy \| Contact Us \| Advertise \| About MENAFN \| Career Opportunities \| Feedback \| Help