Bombardier and Island Air of Hawaii Sign Purchase Agreement for up to Six Q400 NextGen Airliners
March 31 2014 - 3:53PM
Marketwired
Bombardier and Island Air of Hawaii Sign Purchase Agreement for up
to Six Q400 NextGen Airliners
Airline embarks on fleet renewal and expansion with new Q400
NextGen aircraft
TORONTO, ONTARIO--(Marketwired - Mar 31, 2014) - Bombardier
Aerospace announced today that Hawaii Island Air, Inc. (Island Air)
has placed a firm order for two Q400 NextGen turboprop
airliners and has also taken options for four additional Q400
NextGen aircraft. The aircraft will be delivered with a
dual-class, 71-seat configuration. Island Air is Hawaii's leading
regional airline and second oldest carrier.
Based on the list price of the Q400 NextGen airliner,
the firm order is valued at approximately $60.9 million US. The
value could increase to $188 million US should Island Air exercise
all its options.
"As part of our ongoing restructuring and expansion strategy,
the Island Air team considered a number of aircraft and we are
pleased to announce the selection of the Q400 NextGen
turboprop. With its superior speed, performance and fuel
efficiency; outstanding operational flexibility; and market-leading
passenger comfort, the Q400 NextGen aircraft is the
optimal solution for our needs," said Paul Casey, President and
Chief Executive Officer, Island Air.
"We are pleased to partner with Bombardier as Island Air moves
to redefine regional travel within the Hawaiian Islands and offer
our passengers the premium product they expect. The Q400
NextGen aircraft is clearly the most suitable airliner for
Island Air and will provide a superior passenger experience coupled
with unbeatable performance. My experience with Bombardier over the
years has been nothing but positive which has further led to our
selection of the Q400 NextGen aircraft for the next
chapter of Island Air," said Island Air's owner, Larry Ellison.
"We are proud to welcome Island Air back to the Bombardier
family and we are excited to see the Q400 NextGen airliner
take to Hawaiian skies," said Ryan DeBrusk, Regional Vice
President, Sales, Americas, Bombardier Commercial Aircraft. "The
Q400 NextGen aircraft with its superior passenger comfort
and market-leading performance characteristics will serve Island
Air well as it embarks on its re-fleeting strategy."
"The Q400 NextGen aircraft is designed to respond to
the needs of an evolving market and our growing customer base shows
that the aircraft is creating excellent value for operators and
meeting a wide variety of business requirements. This operational
flexibility maximizes the profit potential of the aircraft and
positions it well ahead of competitive aircraft," said Ray Jones,
Senior Vice President, Sales, Marketing and Asset Management,
Bombardier Commercial Aircraft. "I'm delighted that Island Air has
chosen to re-join the Bombardier family and I wish the airline much
success in its future ventures." Island Air currently offers
flights to and from the islands of Oahu, Maui, Lanai and Kauai.
About Q400 NextGen aircraft
The Q400 NextGen aircraft, which is built at
Bombardier's Toronto, Ontario facility, is the most recent
development in the evolution of the Q400 aircraft, an
all-new design that entered service in 2000 to address the needs of
the evolving market. Optimized for short-haul operations, the
Q400 NextGen aircraft is large, fast, quiet and fuel
efficient. It provides an ideal balance of passenger comfort and
operating economics with a reduced environmental footprint. In its
extra capacity configuration, which provides seats for up to 86
passengers, the Q400 NextGen aircraft provides up to a 17
per cent seat-cost advantage for operators.
The Q400 NextGen airliner is the fastest new-technology
turboprop, providing both jet speed and turboprop fuel efficiency.
The aircraft therefore delivers the best flexibility and overall
operating economics in its market segment, allowing airlines to
successfully deploy it in a variety of markets ranging from typical
short-haul turboprop markets to longer-haul jet replacement
opportunities.
Including Island Air's order, Bombardier has recorded firm
orders for a total of 495 Q400 and Q400 NextGen
aircraft. 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 over 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, 2013, we posted revenues of $18.2
billion. News and information are available at bombardier.com or
follow us on Twitter @Bombardier.
Notes to editors
Images of Q400 NextGen aircraft in Island Air'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.
Bombardier, NextGen, Q400 and The Evolution of
Mobility are trademarks of Bombardier Inc. or its
subsidiaries.
Marianella de la BarreraBombardier Commercial
Aircraft+1-416-375-3030marianella.delabarrera@aero.bombardier.comwww.bombardier.com
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