Bombardier Sells Two Q400 NextGen Airliners to Porter>
Bombardier Sells Two Q400 NextGen Airliners to Porter
(Thomson Reuters ONE) - Toronto airline reaches 20 firm orders for Bombardier Q400 aircraftTORONTO, ONTARIO--(Marketwire - June 29, 2009) - Bombardier Aerospaceannounced today that Porter Airlines of Toronto has placed a firmorder for two Q400 NextGen turboprop airliners. The transactionrepresents the conversion of the last two options of 10 Q400 aircraftwhich were announced in 2006. Add the airline's original firm orderfor 10 Q400 aircraft, and today's transaction brings to 20 the numberof firm orders placed by Porter.Based on the list price for the Q400 aircraft, the order announcedtoday is valued at approximately $54 million US.Porter Airlines began operations from Toronto City Centre Airport onOctober 23, 2006, serving Ottawa with 10 daily flights. It has sinceadded Montreal, Halifax, Quebec City, New York/Newark, Chicago/Midwayand Thunder Bay to its route network, as well as a seasonal serviceto Mont Tremblant, Quebec. Porter just announced a new service toBoston beginning Sept. 14, and additional frequencies to Montreal andOttawa."We felt from day one that the Bombardier Q400 turboprop was theideal aircraft for the kind of service we envisaged from our TorontoCity Centre Airport base of operations," said Robert Deluce,President and Chief Executive Officer, Porter Airlines. "The orderfor two Q400 NextGen aircraft announced today represents ourcontinuing commitment to the aircraft.""Porter Airlines' use of the Q400 aircraft precisely matches theoperations 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-haulinter-city operations."The order announced today increases firm orders for Q400/Q400 NextGenaircraft to 357 aircraft, with 245 delivered as of April 30, 2009.About BombardierA world-leading manufacturer of innovative transportation solutions,from commercial aircraft and business jets to rail transportationequipment, systems and services, Bombardier Inc. is a globalcorporation headquartered in Canada. Its revenues for the fiscal yearended Jan. 31, 2009, were $19.7 billion US, and its shares are tradedon the Toronto Stock Exchange (BBD). Bombardier is listed as an indexcomponent to the Dow Jones Sustainability World and North Americaindexes. News and information are available at www.bombardier.com.Bombardier, NextGen and Q400 are trademarks of Bombardier Inc. or itssubsidiaries.Notes to EditorsImages of the Porter Airlines Q400 NextGen aircraft are available inthe press releases section at: www.aero.bombardier.comContacts:Bombardier AerospaceJohn Arnone416-375-3030www.bombardier.comThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
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