Economy

Bombardier agrees to sell up to 50 Q400s to India's SpiceJet

Bombardier agrees to sell up to 50 Q400s to India's SpiceJet

The announcement of the signing of Letter of Intent (LOI) was made at International Paris Air Show in France's Le Bourget. "In addition, we have worked together to support other Q400 aircraft operators such as RwandAir, Congo Airways and Air Tanzania". "We will add one plane a month from early 2018", Ajay Singh, chairman and managing director of SpiceJet, said on the sidelines of the Paris Air Show.

"I think most people in our industry view this as an attack on innovation", said Fred Cromer, president of Bombardier Commercial Aircraft, Monday. "It's great to have SpiceJet step up, not just to order a handful of aircraft but really point to the Q400 as a key strategic tool for them as they continue to build out their network". When concluded, this fleet expansion will provide SpiceJet with the ability to grow profitably and leverage the robust demand forecast in the world's fastest growing regional aviation market, the statement said. "We are delighted that Philippine Airlines is growing its fleet with more Q400 aircraft, and are confident that the airline will benefit from the aircraft's outstanding economics and performance".

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"The airline now operates 20 Q400 aircraft in a 78 -seat configuration to domestic and global destinations".

Including this latest order, Bombardier has now recorded a total of 585 Q400 aircraft on firm order.

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Bombardier has dismissed rival Boeing's claim that the Canadian firm is using government subsidies to dump its C-series planes on to the aviation market. Looking far ahead while delivering today, Bombardier is evolving mobility worldwide by answering the call for more efficient, sustainable and enjoyable transportation everywhere.

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 North America Index.

Sarfraz hopes Champions Trophy win will bring global cricket to Pak
They didn't stop there as they came out with their best show in the final to bag their first Champions Trophy title. Yes, in 2009 militants attacked a bus carrying the Sri Lankan cricket team and injured a few of the players.

Bombardier, Q400, CRJ Series and Q Series are trademarks of Bombardier Inc. or its subsidiaries.


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