Bombardier Aerospace
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Bombardier Aerospace

February 13, 2012 07:30 ET

Airline Orders Five Q400 NextGen Airliners

TORONTO, ONTARIO--(Marketwire - Feb. 13, 2012) - Bombardier Aerospace announced today that an airline that has requested to remain unidentified at the present time, has signed a firm purchase agreement for five Q400 NextGen airliners.

Based on the list price for the Q400 NextGen airliner, the transaction is valued at approximately $160 million US.

"Q400 and Q400 NextGen aircraft have been gaining headway in markets around the world, and approximately 40 operators now have these aircraft in service or on firm order," said Mike Arcamone, President, Bombardier Commercial Aircraft. "Q400 aircraft have transformed the perception of turboprops, and as airlines and other operators benefit from the aircraft's advanced capabilities, the turboprop lives on."

About Q400 NextGen aircraft

Optimized for short-haul operations, the "comfortably greener," 70- to 80-seat Q400 NextGen aircraft is a large, fast, quiet and fuel-efficient turboprop. It provides an ideal balance of passenger comfort and operating economics with a reduced environmental footprint.

Setting new environmental standards, the Q400 NextGen aircraft uses 30 to 40 per cent less fuel and produces 30 to 40 per cent fewer emissions on routes where it has replaced similar-capacity, older jets. The Q400 NextGen aircraft is also 15 decibels quieter than ICAO Chapter 4 noise standards, raising the bar for the entire industry. In addition, this year a Q400 aircraft will be flown using fuel from an oilseed crop as part of a biofuel test program that was announced in 2010.

Including the transaction announced today, Bombardier has booked firm orders for 418 Q400 and Q400 NextGen aircraft, with 389 delivered as of December 31, 2011.

Q400 and Q400 NextGen aircraft, which are in service with approximately 40 operators in 30 countries and on six continents, have transported more than 177 million passengers and have logged more than 3.2 million flight hours and over 3.5 million take-offs and landings.

About Bombardier

A world-leading manufacturer of innovative transportation solutions, from commercial aircraft and business jets to rail transportation equipment, systems and services, Bombardier Inc. is a global corporation headquartered in Canada. Its revenues for the fiscal year ended January 31, 2011, were $17.9 billion, and its shares are traded on the Toronto Stock Exchange (BBD). Bombardier is listed as an index component to the Dow Jones Sustainability World and North America indexes. News and information are available at www.bombardier.com or follow us on Twitter @Bombardier.

Notes to editors

Images of Q400 NextGen aircraft are available in the press releases section at: www.bombardier.com.

Visit Bombardier Commercial Aircraft's "one-stop" news centre for news releases, product fact sheet, backgrounders, videos, photos and links to our social media channels at: http://Press.CommercialAircraft.Bombardier.com.

Follow @Bombardier_Aero on Twitter to receive the latest news and updates from Bombardier Aerospace.

Bombardier, NextGen and Q400 are trademarks of Bombardier Inc. or its subsidiaries.

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