Firm order for 15 Bombardier Q400 aircraft placed by Pinnacle Airlines Corp
AIRLINE INDUSTRY INFORMATION-(C)1997-2007 M2 COMMUNICATIONS LTD
Canadian aircraft manufacturer Bombardier Aerospace has announced that Pinnacle Airlines Corp has entered into a contract for 15 Bombardier Q400 74-seat turboprop aircraft.
The deal also includes conditional orders for another 10 Q400 aircraft and options on an additional 20, Bombardier said.
Based on the list price of the Q400 aircraft, the value of the 15 firm ordered aircraft is approximately USD381m and this could increase to USD1.2bn, if all conditional orders and options are exercised.
The 15 aircraft will be assigned to Pinnacle’s wholly owned subsidiary Colgan Air Inc, which will operate the aircraft under the Continental Connection name primarily from the Continental Airlines hub at Newark Liberty International Airport, New Jersey.