Canada's Chorus Aviation Orders Six Bombardier Q400 NextGen Airliners

Bombardier Aerospace announced today that Halifax, Nova Scotia-based Chorus Aviation Inc., the parent company of Jazz Aviation LP (“Jazz”), has placed a firm order for six Q400 NextGen airliners. The transaction involves the conversion to firm orders of six of the 15 options taken by Jazz with its original order for 15 Q400 NextGen airliners, announced on April 30, 2010. Jazz will operate the aircraft under the Air Canada Express banner.

Based on the list price of the Q400 NextGen aircraft, the order is valued at approximately $189 million US.

“We just took delivery of our 15th Q400 aircraft and we are very pleased to set in motion the acquisition of the next batch of aircraft to continue the modernization of the Jazz Aviation fleet serving our customer Air Canada and its passengers," said Joseph Randell, President and Chief Executive Officer, Jazz Aviation LP. “The Q400 NextGen airliner is a perfect complement to our fleet of Bombardier turboprops and regional jets and has served us extremely well from coast to coast on routes in Canada and the United States.”

“Jazz has the distinction of being Canada’s largest regional airline serving over 80 destinations in Canada and the United States. Its selection of the Q400 NextGen turboprop is an endorsement of the aircraft’s unparalleled performance in short- and medium-haul regional airline service,” said Mike Arcamone, President, Bombardier Commercial Aircraft. “Airlines around the world are enjoying the full potential of this high-performance aircraft for regional operations in the 70- to 80-seat segment.”

Source: Bombadier Aerospace
Date: Jul 12, 2012