Bombardier Confirms Luxair as Previously Unidentified Customer for Q400 NextGen Turboprops
TORONTO, ONTARIO--(Marketwire - Sept. 29, 2011) - Bombardier Aerospace confirmed today that a firm order for four Q400 NextGen high-speed turboprop airliners, which was announced on August 16, 2011, was placed by Luxair, the national airline of the Grand Duchy of Luxembourg. The transaction also included options on an additional four Q400 NextGen aircraft.
As previously announced, based on the Q400 NextGen aircraft list price, the firm order contract is valued at approximately $126 million US.
Luxair placed a firm order for three Q400 airliners in 2006, prior to the product enhancements that earned the "NextGen" designation. It placed subsequent orders for two additional Q400 turboprop aircraft.
"We are continuing to upgrade our turboprop fleet with Q400 NextGen aircraft," said Adrien Ney, President and Chief Executive Officer, Luxair. "The Q400 turboprop is a superb aircraft, and the NextGen treatment has lowered operating costs and made a real difference in enhancing passenger convenience and overall comfort."
"The technologically advanced Q400 NextGen aircraft's size, speed, economics and comfort, along with its fuel efficiency and other environmental credentials, position it as a strong alternative to a jet on many short- to medium-haul routes in the 70- to 80-seat segment," said Chet Fuller, Senior Vice President, Sales, Marketing and Asset Management, Bombardier Commercial Aircraft. "We're delighted that many airlines, including Luxair, are selecting the Q400 NextGen turboprop airliner as an ideal solution for their operations."
Bombardier has recorded firm orders for 412 Q400/Q400 NextGen aircraft, with 368 delivered as of July 31, 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
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Notes to editors
Images of Luxair Q400 NextGen aircraft are available in the press releases section at:
www.bombardier.com.
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Bombardier, NextGen and Q400 are trademarks of Bombardier Inc. or its subsidiaries.
