Philippine Airlines to acquire up to 12 Bombardier Q400 aircraft

Bombardier Commercial (TSE: BBD) has received a letter of intent from the Philippine Airlines, Inc. to acquire up to 12 Q400 aircraft, the company said.

Philippine Airlines said the Bombardier Q Series family of aircraft has been instrumental in evolving its domestic network operations.

Bombardier´s Dash 8/Q Series turboprops and CRJ Series regional jets have made advances in the Asia-Pacific region where approximately 190 aircraft, including more than 165 Dash8/Q Series turboprops, are in service with, or ordered by, over 25 customers and operators.

Bombardier´s customer support network for commercial aircraft in the Asia-Pacific region includes regional support offices in Narita (Tokyo), Sydney, Beijing, Shanghai and Mumbai, as well as parts depots in Sydney, Beijing and Singapore.

Philippine Airlines (PAL) is the flag carrier of the Philippines. Headquartered in Manila, PAL celebrates its 75th anniversary this year as the first commercial airline in Asia still in operation today. Operating out of its hubs at Ninoy Aquino International Airport of Manila and Mactan-Cebu International Airport of Cebu, Philippine Airlines serves 31 destinations in the Philippines and over 40 destinations in Southeast Asia, East Asia, Middle East, Oceania, North America and Europe.

Bombardier is a manufacturer of both planes and trains. Bombardier is headquartered in Montréal, Canada.