Danish Leasing Company Nordic Aviation Capital Orders Four Bombardier Q400 NextGen Airliners
29 March 2013 - 4:25AM
Marketwired
Bombardier Aerospace announced today that Nordic Aviation Capital
A/S (NAC) of Billund, Denmark has signed a firm purchase agreement
to acquire four Q400 NextGen airliners.
Based on the list price of the Q400 NextGen airliner, the
contract is valued at approximately $134.77 million US.
The four aircraft will be operated by airBaltic of Riga, Latvia
and will join eight Q400 NextGen airliners ordered directly from
Bombardier as the airline transitions to an all-Bombardier
fleet.
Other recent transactions undertaken by NAC and involving
Bombardier's commercial aircraft include: the sale and leaseback of
10 Q400 aircraft to Marfin Investment Group for operation by
Olympic Air; the sale and leaseback of eight Q400 NextGen airliners
delivered to Eurolot of Poland; and the purchase of 12 CRJ1000
NextGen regional jets to be operated by Garuda Indonesia.
"We are delighted to be expanding our portfolio with additional
high-quality, Bombardier-manufactured Q400 NextGen aircraft," said
Kim Graven-Nielsen, Chief Executive Officer, Nordic Aviation
Capital. "For over 20 years, we have been successfully partnering
with our clients to place assets such as these into their networks.
Our knowledge and experience continue to position us exceedingly
well to offer a diverse range of aircraft leasing solutions,
including sale and leaseback, operating leases and finance
leases."
"The continued industry support from NAC is further evidence
that leasing companies recognize the superb in-flight performance
and reliability of the Q400 NextGen turboprop and CRJ1000 NextGen
regional jetliner," said Mike Arcamone, President, Bombardier
Commercial Aircraft. "We look forward to increased activity
involving the aircraft leasing community as we strive to help our
customers meet their business goals in a challenging economic
environment."
In December 2012, airBaltic announced it was in the process of
transitioning to an all-Bombardier fleet of CSeries and Q400
NextGen aircraft. The airline has placed a firm order for 10 CS300
aircraft and holds purchase rights on a further 10 CS300 airliners.
These aircraft will replace older-generation 50-, 120- and 144-seat
jet and turboprop aircraft.
"The Q400 NextGen turboprop is an excellent aircraft, and we are
delighted to continue our transition to an all-Bombardier fleet,"
said Martin Gauss, Chief Executive Officer, airBaltic.
Including the transaction announced today, Bombardier has
recorded firm orders for 467 Q400 and Q400 NextGen aircraft.
Delivered aircraft are in service with more than 40 operators in
over 30 countries, on five continents. These aircraft have
transported more than 243 million passengers and have logged more
than 3.8 million flight hours and over 4.1 million take-offs and
landings.
About Q400 NextGen aircraft
The Q400 NextGen turboprop, which is built at Bombardier's
Toronto, Ontario facility, is the most recent development in the
evolution of the Q400 aircraft and the advanced successor to
Bombardier's Dash 8/Q-Series family of aircraft. Optimized for
short-haul operations, the "comfortably greener," 70- to 80-seat
Q400 NextGen aircraft is a large, fast, quiet and fuel-efficient
turboprop. It provides an ideal balance of passenger comfort and
operating economics with a reduced environmental footprint.
About Bombardier
Bombardier is the world's only manufacturer of both planes and
trains. Looking far ahead while delivering today, Bombardier is
evolving mobility worldwide by answering the call for more
efficient, sustainable and enjoyable transportation everywhere. Our
vehicles, services and, most of all, our employees are what make us
a global leader in transportation.
Bombardier is headquartered in Montreal, Canada. Our shares are
traded on the Toronto Stock Exchange (BBD) and we are listed on the
Dow Jones Sustainability World and North America Indexes. In the
fiscal year ended December 31, 2012, we posted revenues of $16.8
billion. News and information are available at bombardier.com or
follow us on Twitter @Bombardier.
Notes to editors
Images of Q400 NextGen aircraft in airBaltic's livery are posted
with this press release at: www.bombardier.com.
Additional information on the Q400 NextGen aircraft is available
at: www.q400nextgen.com.
Follow @Bombardier_Aero on Twitter to receive the latest news
and updates from Bombardier Aerospace.
Bombardier, CRJ1000, CS300, CSeries, Dash 8, NextGen, Q400,
Q-Series and The Evolution of Mobility are trademarks of Bombardier
Inc. or its subsidiaries.
Contacts: Marc Duchesne Bombardier Commercial Aircraft
+1-416-375-3030 www.bombardier.com
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