Tuesday, August 16, 2011

European Airline Orders Four Bombardier Q400 NextGen Turboprops.

TORONTO, ONTARIO, Aug 16, 2011 (MARKETWIRE via COMTEX) -- Bombardier Aerospace announced today that a European airline, which has requested to remain unidentified at the present time, has signed a firm order for four Q400 NextGen high-speed turboprop airliners. The transaction includes options on an additional four Q400 NextGen aircraft.

Based on the Q400 NextGen aircraft list price, the firm order is valued at approximately $126 million US.

"The technologically advanced Q400 NextGen aircraft is a large, fast, quiet and fuel-efficient regional turboprop," said Gary R. Scott, President, Bombardier Commercial Aircraft. "Airlines everywhere are today enjoying the full profit potential of the advanced capabilities of this high-performance, high-profit alternative to a jet, and benefit from the optimized aircraft for short-haul operations in the 70- to 80-seat segment."

The transaction announced today increases Q400/Q400 NextGen firm orders to 412 aircraft, with 357 delivered as of April 30, 2011.

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 $17.7 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.

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

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