Tue, Mar 04, 2008
Toronto-Based Airline Converts Options
Bombardier Aerospace announced Monday Porter Airlines of Toronto
recently signed a firm order contract for two 70-seat Q400
turboprop airliners. The transaction represents the conversion of
two of the 10 options taken by Porter when it placed a firm order
for 10 Q400 aircraft in 2006, and brings the total number of firm
Q400 aircraft orders placed by the airline to 12.
The value of the contract at Q400 aircraft list prices is
approximately $51 million US.
Based at Toronto City Centre Airport on the city's Lake Ontario
waterfront, Porter Airlines began flying to Montreal and Ottawa in
the fall of 2006. It later added flights to Halifax and the resort
area of Mont Tremblant, Quebec. Porter has recently announced that
flights to New York via Newark Liberty International Airport are
scheduled to begin on March 31, 2008.
"The Q400 airliner is everything we thought it would be and
we're delighted to be expanding our fleet," said Robert Deluce,
President and Chief Executive Officer, Porter Airlines. "The crews
like the way it flies, the passengers appreciate its cabin comfort,
and we appreciate the low operating costs."
"This extraordinary aircraft sparked a resurgence in turboprop
travel around the world," said Steven Ridolfi, President,
Bombardier Regional Aircraft. "At 360 knots the Q400 airliner
combines jet-like speed with among the lowest operating costs of
any regional aircraft."
This latest order increases orders for the Q400 aircraft to 282,
according to Bombardier, with 190 delivered as of January 31,
2008.
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