Bombardier Sells Two Q400 NextGen Airliners to Porter
* Reuters is not responsible for the content in this press release.
TORONTO, ONTARIO, Jun 29 (MARKET WIRE) --
Bombardier Aerospace announced today that Porter Airlines of Toronto has
placed a firm order for two Q400 NextGen turboprop airliners. The
transaction represents the conversion of the last two options of 10 Q400
aircraft which were announced in 2006. Add the airline's original firm
order for 10 Q400 aircraft, and today's transaction brings to 20 the
number of firm orders placed by Porter.
Based on the list price for the Q400 aircraft, the order announced today
is valued at approximately $54 million US.
Porter Airlines began operations from Toronto City Centre Airport on
October 23, 2006, serving Ottawa with 10 daily flights. It has since
added Montreal, Halifax, Quebec City, New York/Newark, Chicago/Midway and
Thunder Bay to its route network, as well as a seasonal service to Mont
Tremblant, Quebec. Porter just announced a new service to Boston
beginning Sept. 14, and additional frequencies to Montreal and Ottawa.
"We felt from day one that the Bombardier Q400 turboprop was the ideal
aircraft for the kind of service we envisaged from our Toronto City
Centre Airport base of operations," said Robert Deluce, President and
Chief Executive Officer, Porter Airlines. "The order for two Q400 NextGen
aircraft announced today represents our continuing commitment to the
aircraft."
"Porter Airlines' use of the Q400 aircraft precisely matches the
operations for which it was designed," said Gary R. Scott, President,
Bombardier Commercial Aircraft. "It has the operating economics, speed
and passenger comfort for high-frequency, short- to medium-haul
inter-city operations."
The order announced today increases firm orders for Q400/Q400 NextGen
aircraft to 357 aircraft, with 245 delivered as of April 30, 2009.
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 Jan. 31,
2009, were $19.7 billion US, 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.
Bombardier, NextGen and Q400 are trademarks of Bombardier Inc. or its
subsidiaries.
Notes to Editors
Images of the Porter Airlines Q400 NextGen aircraft are available in the
press releases section at: www.aero.bombardier.com
Contacts:
Bombardier Aerospace
John Arnone
416-375-3030
www.bombardier.com
Copyright 2009, Market Wire, All rights reserved.
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