9 December 2016
Flag carrier Philippine Airlines (PAL) has officially concluded a purchase agreement for five Q400 next generation turboprop airliners from Bombardier Commercial Aircraft (BBD), with purchase rights for additional seven aircraft, the Canadian aircraft manufacturer announced yesterday.
Bombardier said the value of the transaction is $165 million based on the Q400 list price, increasing to $401 million if the airline exercises all of its purchase rights.
Philippines Airlines Q400NG orders will be configured for 86 seats in two classes, Business and economy. The five aircraft will be delivered to the airline in 2017 replacing the old Q400s in the fleets inventory, Bombardier said.
The planes will be operated by its low cost subsidiary PalExpress through Air Philippines Corporation. Meanwhile, the newer Q300 fleet will continue to operate with the airline as it has been recently acquired.
Bombardier said the value of the transaction is $165 million based on the Q400 list price, increasing to $401 million if the airline exercises all of its purchase rights.
Philippines Airlines Q400NG orders will be configured for 86 seats in two classes, Business and economy. The five aircraft will be delivered to the airline in 2017 replacing the old Q400s in the fleets inventory, Bombardier said.
The planes will be operated by its low cost subsidiary PalExpress through Air Philippines Corporation. Meanwhile, the newer Q300 fleet will continue to operate with the airline as it has been recently acquired.
No comments:
Post a Comment