Latvian carrier Air Baltic signed a letter of intent (LOI) at the Farnborough air show for 10 Bombardier CS300 aircraft plus purchase rights for 10 more of the type, in an order aimed at replacing some older, leased Boeing 737s set for retirement. Air Baltic currently flies 15 737s—nine -300s and six -500s—and the 120-seat -500s are, on average, more than 17 years old, according to the Aviation Week Intelligence Network Fleets database. Air Baltic says the 130-seat CSeries aircraft ...

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