India’s SpiceJet to buy up to 50 additional Bombardier Q400 turboprop planes

Philippine Airlines signed an agreement with Bombardier Commercial Aircraft Inc.to acquire an additional seven Q400 new generation aircraft for $235 million. Bombardier Commercial Aircraft has recorded a total of 585 firm orders of Q400 aircraft.

SpiceJet has placed an order for 50 Bombardier planes.

The new aircraft enable SpiceJet to further increase connectivity to smaller towns and cities in India, as well as support the Indian Government’s regional connectivity scheme. “The Q400 aircraft shines in terms of climb rate, single-engine ceiling, and greater revenue-producing payload capability from our hot weather, high altitude airstrips, these performance attributes being critical to interchangeability with our jet fleet”.

Bombardier says that deal is valued at about US$1.1 billion.

PAL, which has a fleet of 81 planes, already operates five Q400s and four smaller Q300 aircraft from Bombardier.

The airline has taken delivery of 15 Q400 aircraft since 2010 and at present operates 20 Q400s in a 78-seat configuration on both domestic and global routes. “When concluded, this fleet expansion will provide SpiceJet the ability to leverage the robust demand forecast in the world’s fastest growing regional market”, it said. “In addition, we have worked together to support other Q400 aircraft operators such as RwandAir, Congo Airways and Air Tanzania”.

The Gokongwei-led airline said the seven A321CEO planes will be delivered starting March 2018.

Images of Q400 aircraft in the livery of SpiceJet are posted with this news release at www.bombardier.com.

The company has struck a deal with FirstGroup, the multinational transport company which provides bus and rail services in North America and the United Kingdom, and MTR, Hong Kong’s transit authority.

The Q400 aircraft backgrounder is available in the BCA Media Hub.

Bombardier is headquartered in Montréal, Canada. In the fiscal year ended December 31, 2016, we posted revenues of $16.3 billion.

PAL now owns four Bombardier DHC 8-300 aircraft and five Bombardier DHC 8-400 aircraft which PAL dry leased to sister company PAL Express.

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