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25/11/2008
Ethiopian Airlines buys 8 Bombardier Q400 NextGen

Bombardier Aerospace announced that Ethiopian Airlines has signed a contract to purchase eight Q400 NextGen turboprop airliners, and has taken options on four additional Q400 NextGen aircraft. Including this transaction, the Dash 8/Q-Series aircraft program has recorded firm orders for a total of 1,001 aircraft.
Based on the list price of the Q400 NextGen airliner, the value of the Ethiopian Airlines firm order contract is approximately $242 million US, and could increase to approximately $366 million US  if the four options are exercised.
Ethiopian Airlines, the country’s flag carrier, made its first flight between Addis Ababa and Cairo via Asmara on April 8, 1946. Today, it operates a fleet of jet and turboprop aircraft to 33 African cities and a total of 20 international points in the Middle East, Asia, Europe and North America.
 “Ethiopian Airlines will utilize all of the extensive qualities of the Q400 aircraft,” said Gary R. Scott, President, Bombardier Commercial Aircraft. “And we welcome this award-winning airline to the growing Q400 airliner family.”
The transaction announced increases Q400/Q400 NextGen aircraft firm orders to 330 aircraft, with 210 delivered as of July 31, 2008.


Source: Bombardier





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