Airline headline 5

July 1, 2009

Porter Airlines orders two Bombardier Q400 NextGen airliners

Porter Airlines orders two Bombardier Q400 NextGen airliners
Porter Airlines of Toronto has placed a firm order for two Q400 NextGen turboprop airliners. The transaction represents the conversion of the last two options of 10 Q400 aircraft which were announced in 2006. Add the airline’s original firm order for 10 Q400 aircraft, and today’s transaction brings to 20 the number of firm orders placed by Porter. Based on the list price for the Q400 aircraft, the order announced today is valued at approximately $54 million US.