Bombardier has finalised a firm purchase
agreement with Philippine Airlines for five Q400 aircraft with
purchase rights on an additional seven.
Based on the list price of the Q400
aircraft, the firm order is valued at approximately US$165 million
and could increase to US$401 million, should Philippine Airlines
exercise all its purchase rights.
“As we strive to become a top-rated airline,
the Q Series family of aircraft has enabled us to develop our
business model into one which efficiently meets our domestic route
requirements while providing our passengers with a full service
onboard experience”, said
Jaime J Bautista, President and Chief
Operating Officer, Philippine Airlines. “We are proud of our
collaboration with Bombardier and welcome the first modern and
innovatively configured two-class, 86-seat Q400 aircraft to our
The five firm-ordered Q400 aircraft are expected
to be delivered throughout 2017.
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