Converts Options To Firm Orders

Air Côte d’Ivoire, the national airline of the Republic of Côte d’Ivoire has converted options on two Bombardier Q400 NextGen airliners to a firm order. Air Côte d’Ivoire’s two options were acquired under a contract announced on December 18, 2013 that also included a firm order for two Q400 NextGen aircraft. Air Côte d’Ivoire took delivery of its first two aircraft in 2014, in a dual-class configuration.

Based on the list price for the Q400 NextGen turboprop, the firm order is valued at approximately $69 million.
 
“The demonstrated performance of the Q400 NextGen aircraft has been exceptional as we continue to develop our domestic short- and medium- haul markets and increase our route network,” said René Décurey, Chief Executive Officer, Air Côte d’Ivoire. “It’s the most productive, flexible and economical aircraft for our growth strategy and its dual-class cabin fits well with an overall service offering that has been wonderfully received by our passengers. We are placing this additional order as the Q400 aircraft is a significant contributor to our bottom line.”
 
“We are pleased that Air Côte d’Ivoire continues to grow with our Q400 aircraft, thanks to its jet-like speed and best-in-class seat economics,” said John Kassis, Regional Vice President, Sales, Middle East and Africa, Bombardier Commercial Aircraft. “The Q400 turboprop has been one of the top success stories in the region and it continues to prove its operational capability and flexibility in Africa’s hot, topographically diverse landscape.”
 
“The growth of the Q400 turboprop and CRJ regional jet fleets in Africa is evidence that airlines there are developing strong regional networks with modern, efficient aircraft to serve point-to-point destinations within the regions as well as feed intercontinental traffic at major hubs,” added Ryan DeBrusk, Vice President, Sales, Europe, Middle East, Africa, Russia and CIS, Bombardier Commercial Aircraft.

(Image provided by Bombardier)

FMI: www.bombardier.com