Mon, May 03, 2010
Options For 15 Additional Airplanes Could Bring The Deal To
Nearly A Billion Dollars
Bombardier Aerospace announced today that Jazz Air LP
(“Jazz”) of Halifax, Nova Scotia has signed a firm
purchase agreement to acquire 15 Bombardier Q400 NextGen turboprop
airliners and has taken options on an additional 15 Q400 NextGen
aircraft. Based on the list price for the Q400 NextGen aircraft,
the firm order is valued at approximately $454 million and could
increase to $937 million should all 15 options be converted to firm
orders.
“The introduction of the Q400 NextGen aircraft is a
perfect complement to our fleet of Canadian-built Bombardier
turboprops and regional jets,” said Joseph Randell, President
and Chief Executive Officer, Jazz Air LP. “This aircraft,
which in Jazz configuration will have 74 seats in a single-class
cabin, offers superior passenger comfort, fuel efficiency and
improved environmental performance. I’m confident that our
passengers will appreciate the quiet interior and speed of this new
technology.”
Jazz is the world’s largest operator of Dash 8/Q-Series
aircraft, and forms an integral part of Air Canada’s domestic
and Canada-U.S. transborder market presence and strategy. The
airline currently operates 64 Bombardier CRJ Series regional jets
and 64 Dash 8/Q-Series turboprops. “Jazz has recognized the
capabilities of the Bombardier Q400 NextGen aircraft for short- and
medium-length regional routes,” said Gary R. Scott,
President, Bombardier Commercial Aircraft. “Since it entered
revenue service a decade ago, the Q400 aircraft has raised
turboprop service and passenger comfort to an unprecedented level
around the world.”
Including the order announced today, Bombardier has now booked
firm orders for 378 Q400 and Q400 NextGen aircraft and had
delivered 288 of the aircraft as of January 31, 2010.
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