Bombardier and Air Cote d'Ivoire Reach Firm Purchase Agreement with Options for up to Four Q400 NextGen Aircraft
December 18 2013 - 12:19PM
Marketwired
Bombardier and Air Cote d'Ivoire Reach Firm Purchase Agreement with
Options for up to Four Q400 NextGen Aircraft
TORONTO, ONTARIO--(Marketwired - Dec 18, 2013) - Bombardier
Aerospace today announced that its purchase agreement with
Abidjan-based airline, Air Côte d'Ivoire, is now firm. The
transaction, which was announced as a conditional purchase
agreement on November 18 during the Dubai Airshow, covers two
Q400 NextGen aircraft with options for an additional two.
Air Côte d'Ivoire is the national airline of Ivory Coast.
As previously announced, based on list price, the contract value
for two firm-ordered Q400 NextGen aircraft is
approximately $69 million US. Should the two options be converted
to firm orders, the contract value would increase to $141 million
US.
During the Airshow, René Decurey, Chief Executive Officer, Air
Côte d'Ivoire said: "The dual-class-configured Q400
NextGen aircraft is ideally suited for our market; it will
support passengers' requirements and integrate well into our fleet.
We will capitalize on the Q400 NextGen aircraft's
outstanding performance - including its high speed and long-range
cruise capability - as we look to modernize our fleet and expand
our domestic and regional route network. Additionally, in West
Africa, where average fuel prices are among the highest in the
world and the highest on the continent, the fast, fuel-efficient
Q400 NextGen turboprop airliner is the most cost effective
and flexible regional aircraft solution for our operations."
"The Q400 NextGen aircraft is performing extremely well
in Africa, where we now have 14 customers and operators, and more
than 50 aircraft in service or on order," said Mike Arcamone,
President, Bombardier Commercial Aircraft. "We are very encouraged
by our sales performance on the continent, having captured 100 per
cent market share over the last two years in the 20- to 99-seat
turboprop segment.
"We're delighted to be contributing to Air Côte d'Ivoire's
growth strategy, and look forward to helping the airline launch
service with its Q400 NextGen aircraft," said Mr.
Arcamone.
Bombardier's Dash 8/Q-Series turboprops and
CRJ regional jets have made significant advances in Africa
to the point where these commercial aircraft now comprise 50 per
cent share of the fleet of 37- to 120-seat aircraft on the
continent, with approximately 160 aircraft in service, or on order,
by more than 40 operators.
Bombardier's customer support network for commercial aircraft in
Africa includes a Regional Support Office (RSO) and spare parts
depot, co-located in Johannesburg, South Africa as well as
Authorized Service Facilities in South Africa and Ethiopia. A
transitional Bombardier manufacturing facility, which produces
simple structures including flight controls for the CRJ
Series aircraft is located in Nouaceur in the Greater Casablanca
region in Morocco. Construction of a 150,000 square foot (13,935
square metre) Bombardier permanent facility in Nouaceur began in
September 2013.
Including the order announced today, Bombardier has booked 480
firm orders for Q400 and Q400 NextGen
turboprops.
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 86-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 295 million passengers and have logged over
4.7 million flight hours and more than 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.
About Bombardier
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 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 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.
Notes to Editors
Images of Q400 NextGen aircraft in Air Côte d'Ivoire's
livery are posted with this press release at
www.bombardier.com.
Additional information on the Q400 NextGen aircraft is
available at www.q400nextgen.com.
Follow @Bombardier_Aero on Twitter to receive the latest news
and updates from Bombardier Aerospace.
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section.
Bombardier, Dash 8, NextGen, Q-Series, Q400 and The
Evolution of Mobility are trademarks of Bombardier Inc. or its
subsidiaries.
Marc DuchesneBombardier Commercial
Aircraft+1-416-375-3030marc.duchesne@aero.bombardier.comwww.bombardier.com
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