Porter Airlines Converts Two Bombardier Q400 Options to Firm Orders

Canada-based Porter Airlines has signed a contract with Bombardier Aerospace to acquire two 70-seat Q400 turboprop airliners by converting existing options.

These Q400 aircraft are expected to become the 17th and 18th in the airline’s fleet. Porter’s original order for 10 firm and 10 options was announced in 2006.

Based on the list price for the Q400 aircraft, the value of the contract is approximately $52 million. With this order, Bombardier has now recorded firm orders for a total of 322 Q400 and Q400 NextGen airliners, with 210 delivered as of July 31, 2008.

Robert Deluce, president and CEO of Porter Airlines, said: “The Q400 airliner continues to deliver the operating economics, performance and passenger comfort that we anticipated when we placed our original order in 2006. We are now well on our way to increasing the number of markets we serve to at least 17.”