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Bombardier Inc.

12:24 PM EST - Bombardier Inc. : says its Aerospace division announced today that Atlasjet Havacilik A.S. of Istanbul, Turkey has signed a letter of intent (LOI) to acquire 10 CS300 jetliners and take options on a further five CS300 aircraft. Based on the list price of the CS300 airliner, a firm-order contract would be valued at $776 million U.S., and could increase to $1.18 billion U.S. if the five options were converted to firm orders. Bombardier Inc. shares T.BBD.A are trading down $0.01 at $4.40.