Indianapolis-based Republic Airways Holdings, which filed for Chapter 11 bankruptcy protection in February, has confirmed in an SEC filing that it has reached agreement with Bombardier to defer delivery of CSeries aircraft it ordered in 2010.

The parent company of regional carriers Republic Airlines and Shuttle America had an order for 40 CS300s as well as options on 40 more. The deferral had already been acknowledged by Bombardier, which earlier this year removed the Republic aircraft from its production schedule.

Republic, which is maintaining operations through the Chapter 11 process, also states in the filing that it has reached a settlement agreement with Bombardier in the amount of $1.5 million and an administrative claim of $0.7 million.

The motion to amend the contract with Bombardier is scheduled to be heard before the bankruptcy court Nov. 17 and will become effective following approval.

When the $3 billion order was placed, it was a major breakthrough for the CSeries, with Republic becoming the North American launch customer for the aircraft and only the third customer overall at that point. It was also the largest single commitment.

Karen Walker Karen.walker@penton.com