Bombardier Announces Smart Parts Agreements Covering 31 Q400 Aircraft
Bombardier Commercial Aircraft announced today that SpiceJet of India, Poland's LOT Polish Airlines and Abu Dhabi-based Falcon Aviation Services have signed agreements to enroll in Bombardier's Smart Parts after-market support program to provide value-added dispatch availability and cost predictability for their growing fleets of Q400 aircraft. The agreements are each for 5-year terms.
"We're delighted that these operators are benefitting from the economic predictability and dispatch reliability that our Smart Parts program provides," said Todd Young, Vice President, Customer Services, Bombardier Commercial Aircraft. "These agreements reflect our program's flexibility which can easily be adapted to our customers' complex business models and demonstrate our commitment to providing value-added aftermarket support that's designed to meet their operational requirements."
Enrolling in Bombardier's Smart Parts program allows customers to focus on their business of flying and optimize on their business plans while minimizing the lifecycle cost of the aircraft and ensuring superior dispatch reliability.
About Smart Parts
The pioneering Smart Parts program, initially developed for Bombardier's business aircraft, has been providing cost protection and budget predictability to customers for more than 25 years and currently supports approximately 1,200 aircraft. Since Bombardier launched the Smart Parts program for Q400 aircraft in 2008, it has attracted a growing number of airlines worldwide supporting more than 100 aircraft.
About Q Series Aircraft
Designed as a modern, 21st-century turboprop, the Q400 aircraft is the most recent development in the Q Series family of aircraft. It provides unmatched performance, operational flexibility and passenger comfort. While it's nimble enough for a steep approach, the Q400 aircraft is also tough enough to land on unpaved runways. It's a certified performer at high altitude airports too, like that of La Paz, Bolivia, one of the world's highest.
Thanks to its combination of turboprop attributes, jet-like features, industry-leading passenger experience and environmental footprint, theQ400 aircraft is exceptionally versatile and can be adapted to a variety of business models. By offering a 30% reduction in fuel burn over the jets it often replaces, the Q400 aircraft radically reduces carbon emissions and increases cost efficiency. Its high-speed cruise -- 160 km/h faster than conventional turboprops -- places the aircraft's flight time within minutes of jet schedules, at the same seat cost as larger single-aisle jets. Its large propellers operate at a lower RPM, generating more power with less noise and making it a friendly option for city centres.
The Q400 aircraft family includes over 60 owners and operators in almost 40 countries worldwide and the worldwide fleet has logged more than 6 million flight hours. The aircraft has transported more than 370 million passengers worldwide.
Bombardier has recorded firm orders for a total of 546 Q400 aircraft.
About Bombardier
Bombardier is the world's leading 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 Montréal, Canada. Our shares are traded on the Toronto Stock Exchange (BBD) and we are listed on the Dow Jones Sustainability World and North America Indices. In the fiscal year ended December 31, 2014, we posted revenues of $20.1 billion. News and information are available at www.bombardier.com or follow us on Twitter @Bombardier.