Bombardier closes USD 162m order for 5 Q400 aircraft

TORONTO, ONTARIO–(Marketwired – June 9, 2017) – Bombardier Commercial Aircraft has concluded a firm order for five Q400 aircraft with an undisclosed customer, the company said.

Based on the list price of the Q400 aircraft, the order is valued at approximately USD 162m.

Thanks to its combination of turboprop attributes, jet-like features, industry-leading passenger experience and environmental footprint, the Q400 aircraft is exceptionally versatile and can be adapted to a variety of business models.

The Q400 aircraft family includes over 60 owners and operators in almost 40 countries. The worldwide fleet has logged more than 6.9 million flight hours and has transported more than 429 million passengers.

Montréal, Canada-based Bombardier (TSX: BBD) is a manufacturer of both planes and trains. Together with its subsidiaries, it manufactures and sells transportation equipment worldwide. The company operates in four segments: business aircraft, commercial aircraft, aerostructures and engineering services, and transportation. In the fiscal year ended December 31, 2016, the company posted revenues of USD 16.3bn.