Tuesday, June 20, 2017

Philippine Airlines orders seven additional Bombardier Q400s

Bombardier Commercial Aircraft announced today, from the International Paris Air Show, that it has signed an agreement with Philippine Airlines, Inc. for the exercise of its seven Q400 aircraft purchase rights. This latest rights exercise brings Philippine Airlines’ total firm order to twelve Q400 aircraft. The original order for five firm Q400 with purchase rights for an additional seven was previously announced on December 8, 2016. Based on the list price of the Q400 aircraft, the firm order is valued at approximately US $ 235 million.