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SpiceJet of India Accepts First Two Q400 NextGen Aircraft and Signs Maintenance Agreement with Bombardier


WEBWIRE

Toronto, ---


Bombardier Aerospace announced today that India’s number one low-cost carrier, SpiceJet has taken delivery of the first two of 15 Q400 NextGen turboprop aircraft ordered in December 2010.

“SpiceJet’s order was a breakthrough for our Q400 NextGen turboprop in the Indian market, and Bombardier’s portfolio of commercial aircraft and customer services continues to be well positioned to support the development of India’s airline network,” said Chet Fuller, Senior Vice President, Sales, Marketing and Asset Management, Bombardier Commercial Aircraft, during a ceremony held yesterday at Bombardier Aerospace’s Toronto facility, where the Q400 NextGen aircraft is manufactured.

SpiceJet will use its Q400 NextGen aircraft for high-frequency, point-to-point services to regional cities, complementing its larger jet aircraft that connect major Indian cities. SpiceJet currently serves 22 destinations in India, Nepal and Sri Lanka.

“As India experiences substantial growth, many cities and industrial towns remain underserved,” said Kalanithi Maran, Chairman, SpiceJet. “SpiceJet is focused on connecting these burgeoning areas with more than 60 airports that could not be served by larger jets. After an evaluation of all the aircraft in the 60- to 80-seat category, we selected the Q400 NextGen aircraft, which combines excellent reliability, economics and passenger comfort.”

SpiceJet has also signed a 10-year agreement under Bombardier’s comprehensive SmartParts program that will provide a wide spectrum of cost-per-flight-hour maintenance for the airline’s full fleet of Q400 NextGen aircraft.

"The fact that we will be able to proactively budget for traditionally variable expenses and count on optimal repair turnaround times under Bombardier’s SmartParts program is another significant advantage,” said Neil Mills, Chief Executive Officer, SpiceJet.

About Q400 NextGen aircraft
Optimized for short-haul operations, the “comfortably greener,” 70- to 80-seat Q400 NextGen aircraft is a large, fast, quiet and fuel-efficient turboprop. It provides an ideal balance of passenger comfort and operating economics with a reduced environmental footprint. Bombardier has booked firm orders for a total of 412 Q400 and Q400 NextGen aircraft, and as of April 30, 2011, 357 had been delivered. Q400 and Q400 NextGen aircraft, which are in service with more than 30 operators worldwide, have transported more than 167 million passengers and have logged more than 3 million flight hours and over 3.3 million take-offs and landings.

About the SmartParts program
With more than 25 years experience in providing cost protection and budget predictability for its customers, Bombardier is uniquely positioned to deliver optimal maintenance and support solutions. There are currently more than 1,000 Bombardier business aircraft enrolled in the pioneering Bombardier SmartParts program, covering over 35,000 components. In March 2008, Bombardier introduced a Q400 SmartParts program for airlines.

About Bombardier
A world-leading manufacturer of innovative transportation solutions, from commercial aircraft and business jets to rail transportation equipment, systems and services, Bombardier Inc. is a global corporation headquartered in Canada. Its revenues for the fiscal year ended January 31, 2011, were $17.7 billion, and its shares are traded on the Toronto Stock Exchange (BBD). Bombardier is listed as an index component to the Dow Jones Sustainability World and North America indexes. News and information are available at www.bombardier.com



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