Bombardier and Luxair Sign Firm Purchase Agreement for up to Five Q400 NextGen Aircraft

Bombardier Commercial Aircraft announced that LUXAIR Société Luxembourgeoise de Navigation Aérienne S.A. (“Luxair”), the national airline of the Grand Duchy of Luxembourg, signed a firm purchase agreement for three Q400 NextGen aircraft and options on an additional two Q400 NextGen aircraft.

Based on the list price of the Q400 NextGen aircraft, the firm order is valued at approximately $100.3 million US and could increase to $169.5 million US should Luxair exercise all its options.

“Our Q400 NextGen aircraft have proven to be a winning formula for us at Luxair as we continue to replenish our fleet with the newest, most modern turboprops that are providing maximum flexibility to our business clients; and quality travel at affordable prices to our leisure customers,” said Adrien Ney, President and Chief Executive Officer, Luxair. “The addition of more Q400 NextGen aircraft - with their excellent economics, environmental credentials and passenger comfort - is an ideal solution as we open more regional routes and expand frequencies.”

“We are thrilled that Luxair continues to look to the Q400 NextGen turboprop to realize its growth strategy and enhance its operations,” said Ryan DeBrusk, Vice President, Sales, Europe, Middle East, Africa, Russia & CIS, Bombardier Commercial Aircraft. “Luxair’s latest acquisition highlights the Q400 NextGen aircraft’s ability to deliver turboprop economics, along with jet-like operations, while servicing some of the most environmentally-sensitive airports across the globe.”

About Q400 NextGen Aircraft
Optimized for short-haul operations and capable of seating up to 86 passengers, the Q400 NextGen aircraft is a large, fast, quiet and fuel-efficient turboprop. It provides the perfect balance of passenger comfort and operating economics with a reduced environmental footprint.

The Q400 NextGen aircraft is the fastest new-technology turboprop, providing both jet speed and turboprop fuel efficiency. The aircraft’s economics and operational flexibility allow airlines to profitably deploy it in a variety of ways to serve typical short-haul turboprop routes, as well as medium-haul jet markets.

Q400 NextGen aircraft are available with an optional dual-class interior for enhanced passenger comfort; an optional extra-capacity configuration with up to 86 seats for high-density markets; and a cargo-passenger combi configuration.

Including Luxair’s order, Bombardier has booked firm orders for a total of 537 Q400 and Q400 NextGen aircraft. Worldwide, Q400 and Q400 NextGen aircraft have transported more than 355 million passengers and have logged over 5.7 million flight hours and more than 6.1 million take-offs and landings. The Q400 and Q400 NextGen aircraft program includes some 50 owners and operators in over 40 countries on six continents. Long recognized as a high-value asset by operators, the Q400 aircraft is now also attracting growing interest from the leasing community.

Bombardier is the world’s only manufacturer of both planes and trains. Looking far ahead while delivering today, Bombardier is evolving mobility worldwide by answering the call for more efficient, sustainable and enjoyable transportation everywhere. Our vehicles, services and, most of all, our employees are what make us a global leader in transportation.

Bombardier is headquartered in Montréal, Canada. Our shares are traded on the Toronto Stock Exchange (BBD) and we are listed on the Dow Jones Sustainability World and North America Indexes. In the fiscal year ended December 31, 2013, we posted revenues of $18.2 billion. News and information are available at bombardier.com or follow us on Twitter @Bombardier.

Images of Q400 NextGen aircraft in Luxair’s livery are posted with this press release at www.bombardier.com.

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