Bombardier Sells Eight Q400 NextGen Airliners to Ethiopian Airlines
- Total Dash 8/Q-Series turboprop program orders exceed 1,000
aircraft
TORONTO, ONTARIO -- (MARKET WIRE) -- 11/20/08 -- Bombardier
Aerospace announced today that Ethiopian Airlines has signed a
contract to purchase eight Q400 NextGen turboprop airliners, and has
taken options on four additional Q400 NextGen aircraft. Including
this transaction, the Dash 8/Q-Series aircraft program has recorded
firm orders for a total of 1,001 aircraft.
Based on the list price of the Q400 NextGen airliner, the value of
the Ethiopian Airlines firm order contract is approximately $242
million US, and could increase to approximately $366 million US if
the four options are exercised.
Ethiopian Airlines, the country's flag carrier, made its first flight
between Addis Ababa and Cairo via Asmara on April 8, 1946. Today, it
operates a fleet of jet and turboprop aircraft to 33 African cities
and a total of 20 international points in the Middle East, Asia,
Europe and North America.
Ethiopian Airlines won the Brussels Airport Marketing Award for
long-haul operations in October, 2008. In the same month the airline
also won the 2008 Best Airline in Africa Award from the Akwaaba
Travel Market Organization and the 2008 Corporate Achievement Award
in Johannesburg in August, 2008.
"The 360-knot speed, low operating costs and environmental
credentials of the Q400 NextGen aircraft will enable us to maintain
the high standards for which we have received numerous awards," said
Girma Wake, Chief Executive Officer, Ethiopian Airlines. "The
aircraft's excellent range and payload capability will allow us to
deploy it on domestic routes within Ethiopia, as well as on regional
routes up to 1,000 nm (1,850 km) from Addis Ababa.
"Another key reason for our selection of the Q400 airliner is its
exceptional performance in terms of climb rate, single-engine ceiling
and higher take-off weight, and thus greater payload, from hot and
high elevation airfields," Mr. Wake added.
"Ethiopian Airlines will utilize all of the extensive qualities of
the Q400 aircraft," said Gary R. Scott, President, Bombardier
Commercial Aircraft. "And we welcome this award-winning airline to
the growing Q400 airliner family."
The transaction announced today increases Q400/Q400 NextGen aircraft
firm orders to 330 aircraft, with 210 delivered as of July 31, 2008.
The Dash 8 turboprop program was launched in 1980. With the
introduction of the Noise and Vibration Suppression (NVS) system in
1996, the name was changed to the Q-Series aircraft program,
reflecting the aircraft's quiet cabin amenities. The aircraft are in
service with more than 100 operators around the world. In addition to
their role in commercial airline service, Dash 8/Q-Series aircraft
are also operating in coastal surveillance, firefighting, navigator
training, medical evacuation, mixed passenger/cargo configurations,
laser depth sounding of the ocean floor, resource exploration and
many other special mission roles.
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, 2008, were $17.5 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, Dash 8, NextGen, Q400 and Q-Series are trademarks of
Bombardier Inc. or its subsidiaries.
Notes to Editors
Images of Ethiopian 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
Anteprima grafica
Mi sa che i 5 Fokker50 usciranno progressivamente dalla flotta soppiantati dai nuovi turboprops canadesi.
- Total Dash 8/Q-Series turboprop program orders exceed 1,000
aircraft
TORONTO, ONTARIO -- (MARKET WIRE) -- 11/20/08 -- Bombardier
Aerospace announced today that Ethiopian Airlines has signed a
contract to purchase eight Q400 NextGen turboprop airliners, and has
taken options on four additional Q400 NextGen aircraft. Including
this transaction, the Dash 8/Q-Series aircraft program has recorded
firm orders for a total of 1,001 aircraft.
Based on the list price of the Q400 NextGen airliner, the value of
the Ethiopian Airlines firm order contract is approximately $242
million US, and could increase to approximately $366 million US if
the four options are exercised.
Ethiopian Airlines, the country's flag carrier, made its first flight
between Addis Ababa and Cairo via Asmara on April 8, 1946. Today, it
operates a fleet of jet and turboprop aircraft to 33 African cities
and a total of 20 international points in the Middle East, Asia,
Europe and North America.
Ethiopian Airlines won the Brussels Airport Marketing Award for
long-haul operations in October, 2008. In the same month the airline
also won the 2008 Best Airline in Africa Award from the Akwaaba
Travel Market Organization and the 2008 Corporate Achievement Award
in Johannesburg in August, 2008.
"The 360-knot speed, low operating costs and environmental
credentials of the Q400 NextGen aircraft will enable us to maintain
the high standards for which we have received numerous awards," said
Girma Wake, Chief Executive Officer, Ethiopian Airlines. "The
aircraft's excellent range and payload capability will allow us to
deploy it on domestic routes within Ethiopia, as well as on regional
routes up to 1,000 nm (1,850 km) from Addis Ababa.
"Another key reason for our selection of the Q400 airliner is its
exceptional performance in terms of climb rate, single-engine ceiling
and higher take-off weight, and thus greater payload, from hot and
high elevation airfields," Mr. Wake added.
"Ethiopian Airlines will utilize all of the extensive qualities of
the Q400 aircraft," said Gary R. Scott, President, Bombardier
Commercial Aircraft. "And we welcome this award-winning airline to
the growing Q400 airliner family."
The transaction announced today increases Q400/Q400 NextGen aircraft
firm orders to 330 aircraft, with 210 delivered as of July 31, 2008.
The Dash 8 turboprop program was launched in 1980. With the
introduction of the Noise and Vibration Suppression (NVS) system in
1996, the name was changed to the Q-Series aircraft program,
reflecting the aircraft's quiet cabin amenities. The aircraft are in
service with more than 100 operators around the world. In addition to
their role in commercial airline service, Dash 8/Q-Series aircraft
are also operating in coastal surveillance, firefighting, navigator
training, medical evacuation, mixed passenger/cargo configurations,
laser depth sounding of the ocean floor, resource exploration and
many other special mission roles.
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, 2008, were $17.5 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, Dash 8, NextGen, Q400 and Q-Series are trademarks of
Bombardier Inc. or its subsidiaries.
Notes to Editors
Images of Ethiopian 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
Anteprima grafica
Mi sa che i 5 Fokker50 usciranno progressivamente dalla flotta soppiantati dai nuovi turboprops canadesi.
