Bombardier and Luxair Sign Firm Purchase Agreement for up to 5 Q400 NextGen Aircraft
- Part of renewal plan that will increase Luxair's fleet to 10 Q400 aircraft as it replaces less efficient regional jets
Bombardier Commercial Aircraft announced today that LUXAIR Société Luxembourgeoise de Navigation Aérienne S.A. (“Luxair”), the national airline of the Grand Duchy of Luxembourg, signed a firm purchase agreement for three Q400 NextGen aircraft and options on an additional two Q400 NextGen aircraft.
Based on the list price of the Q400 NextGen aircraft, the firm order is valued at approximately $100.3 million US and could increase to $169.5 million US should Luxair exercise all its options.
Global Commercial Aircraft Market - Annual Outlook - 2017
“Our Q400 NextGen aircraft have proven to be a winning formula for us at Luxair as we continue to replenish our fleet with the newest, most modern turboprops that are providing maximum flexibility to our business clients; and quality travel at affordable prices to our leisure customers,” said Adrien Ney, President and Chief Executive Officer, Luxair. “The addition of more Q400 NextGen aircraft - with their excellent economics, environmental credentials and passenger comfort - is an ideal solution as we open more regional routes and expand frequencies.”
“We are thrilled that Luxair continues to look to the Q400 NextGen turboprop to realize its growth strategy and enhance its operations,” said Ryan DeBrusk, Vice President, Sales, Europe, Middle East, Africa, Russia & CIS, Bombardier Commercial Aircraft. “Luxair’s latest acquisition highlights the Q400 NextGen aircraft’s ability to deliver turboprop economics, along with jet-like operations, while servicing some of the most environmentally-sensitive airports across the globe.”
Source : Bombardier Aerospace - view original press release
May 1 - 4, 2017 - Las Vegas, United States