Bombardier sells more Q-400s
Bombardier announced today that it received a signed, firm order for five Q400 NextGen turboprops. The airline which placed the order requested to remain undisclosed at this time, and has also taken options on an additional five Q400 NextGen aircraft.
Based on the list price for the Q400NG, the firm order contract is valued at approximately $159m and could rise to $332m if the five options are exercised. The transaction announced today increases firm orders for Q400/Q400NG to 362, with 245 delivered as of April 30, 2009. Q400 and Q400NG are in service with, or have been ordered by, 30 operators around the world.
This is very encouraging for Bombardier given last year's aggravation with SAS. This airplane remains in many ways unique in its class. ATR does not seems to be able to catch up and capitalize on the fumbles.