IFC Ready to Compromise on CSeries Cancellation Threat | Aviation International News

IFC Ready to Compromise on CSeries Cancellation Threat

Russian leasing group IFC wants to stand by CSeries orders and also is committed to Superjet, the MC-21 and the MA-700.

By Vladimir Karnozov

June 14, 2015

Russian leasing group Ilyushin Finance Company (IFC) appears willing to lift its threat to cancel orders for Bombardier’s delayed CSeries airliner. Following a trip to visit Bombardier in Canada early this month, IFC general manager Alexander Roubtsov told AIN that he hopes to salvage the deal for 39 CS300s with further meetings to be held this week at the Paris Air Show.

Roubtsov indicated that newly appointed Bombardier Commercial Aircraft CEO Fred Cromer could be the right person to get CSeries on track after a string of technical problems that has shaken the market’s confidence in the program. He said Cromer’s background with leasing group ILFC and Continental Airlines means he is more in tune with the customer’s perspective. “Our hope is that his team will manage to get Bombardier’s passenger aircraft business through current difficulties to success,” he commented.

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