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BBD.B Bombardier Inc

98.20
2.38 (2.48%)
22 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Bombardier Inc TSX:BBD.B Toronto Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  2.38 2.48% 98.20 98.03 98.20 98.85 96.20 96.20 348,447 21:23:39

RwandAir Places Firm Order for Dual-Class Bombardier Q400 NextGen Airliner

22/04/2013 11:00am

Marketwired Canada


Bombardier Aerospace and RwandAir of Kigali, Rwanda announced today that
RwandAir has signed a firm purchase agreement for one Q400 NextGen turboprop
airliner.


Based on the list price of the Q400 NextGen aircraft, the order is valued at
approximately $33 million US. 


"As demand for domestic and regional travel in Africa accelerates, our 67-seat,
dual-class Q400 NextGen aircraft will ensure RwandAir is well positioned to
offer increased capacity on popular routes that are being opened and serviced
with our 37-seat Bombardier Dash 8-200 aircraft," said John Mirenge, Chief
Executive Officer, RwandAir. "The Q400 NextGen turboprop is the right aircraft
to develop our domestic and regional market and to firmly support RwandAir on
our path towards growth and increased profitability. We are also complementing
our new dual-class Bombardier CRJ900 NextGen regional jets by offering similar
cabin amenities on the Q400 NextGen aircraft, providing for a seamless passenger
service between the two aircraft models and aligning our total fleet strategy
towards a unified passenger experience. We are developing the RwandAir brand and
we are gaining momentum in the region through selection of the right aircraft
and right services for our growing market." 


"As one of our newest and fast-growing customers, RwandAir is serving Africa's
expanding domestic and international markets and we are delighted that the
carrier has yet again chosen Bombardier aircraft to further develop its network
of short- and medium-haul destinations," said Mike Arcamone, President,
Bombardier Commercial Aircraft. "The Q400 NextGen turboprop has proven its
capability and flexibility in many regions of the world and is operating in
diverse environments. We anticipate that it will serve RwandAir and its
customers very well." 


RwandAir will become the 12th operator of Q400 and Q400 NextGen aircraft in
Africa, and its Q400 NextGen aircraft will join more than 40 Q400 and Q400
NextGen aircraft that are already in service with, or have been ordered by, 11
operators in nine countries in Africa.


With the transaction announced today, Bombardier has taken firm orders for 468
Q400 and Q400 NextGen aircraft. Worldwide, Q400 and Q400 NextGen aircraft have
transported more than 243 million passengers and have logged over 3.8 million
flight hours and more than 4.1 million take-offs and landings in service with
more than 40 operators in over 30 countries on five continents.


About Q400 NextGen aircraft 

The Q400 NextGen turboprop airliner, which is built at Bombardier's Toronto,
Ontario facility, 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
80-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.


About RwandAir 

Operating from Kigali as its hub in the heart of Africa, RwandAir is the fastest
growing airline on the African continent. RwandAir's fleet currently consists of
four Boeing 737 series aircraft and one Bombardier Dash 8-200 turboprop. Two
brand new Bombardier CRJ900 NextGen regional jets arrived in November 2012.
RwandAir serves domestic destinations and many regional cities such as Nairobi,
Entebbe, Mombasa, Bujumbura, Dar es Salaam, and Kilimanjaro. The airline also
serves Johannesburg, Dubai, Lagos, Libreville and Brazzaville. Service to Accra,
Douala and Juba will start soon. The Q400 NextGen aircraft will be replacing the
Dash 8-200 aircraft. Follow us on Twitter @RwandAir1 and website rwandair.com.


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 Montreal, 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 RwandAir'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, CRJ900, Dash 8, NextGen, Q400, Q-Series and The Evolution of
Mobility are trademarks of Bombardier Inc. or its subsidiaries.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Marc Duchesne
Bombardier Commercial Aircraft
+1-416-375-3030
marc.duchesne@aero.bombardier.com
www.bombardier.com


Robert Nsinga
RwandAir Ltd
+(250) 78-847 8175
robert.nsinga@rwandair.com

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