TORONTO, ONTARIO--(Marketwired - Oct. 3, 2013) - Bombardier Aerospace announced today that Luxair, the national airline of the Grand Duchy of Luxembourg, has placed a firm order for a Q400 NextGen turboprop airliner and has also taken an option for an additional Q400 NextGen aircraft. The airline currently operates a fleet of six Q400 and Q400 NextGen aircraft.
Based on the list price of the Q400 NextGen airliner, the firm order is valued at approximately $32.2 million USD. The value could increase to $65.78 million USD should Luxair exercise its option.
"As part of our ongoing plan to further strengthen our business and increase regional frequencies, we have been utilizing the Q400 aircraft for over seven years, and today we are pleased to announce that our fleet modernization continues with the addition of another one of these high performance turboprops," said Adrien Ney, President and Chief Executive Officer, Luxair. "The Q400 NextGen aircraft have provided us with operating and performance flexibility, while enhancing passenger convenience and overall comfort."
"Luxair, though steeped in over 50 years of aviation heritage, has grown today into one of the most modern airlines with one of the youngest fleets in Europe. The many attributes of the Q400 NextGen aircraft - its size, speed, comfort, economics and environmental credentials - have helped position Luxair as a leader in the short- to medium-haul market segment," said Mike Arcamone, President, Bombardier Commercial Aircraft. "Overall, the Q400 NextGen aircraft continues to deliver unmatched performance and operating economics and we're delighted that Luxair has been experiencing success with its fleet," added Mr. Arcamone.
The order announced today increases firm orders for Q400 and Q400 NextGen turboprops to 476 aircraft.
About Q400 NextGen aircraft
The Q400 NextGen turboprop 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.
Worldwide, Q400 and Q400 NextGen aircraft have transported more than 243 million passengers and have logged over 4.2 million flight hours and more than 4.5 million take-offs and landings. The Q400 and Q400 NextGen aircraft program includes some 50 customers and operators in over 30 countries on five continents.
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.
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