Porter Airlines exercises further options on two Bombardier Q400s

Porter Airlines is exercising two existing options for Bombardier Aerospace Q400 aircraft. This represents aircraft 13 and 14 in the Porter fleet from an original order of 10 firm and 10 options.The two aircraft are valued at approximately $52 million, based on list prices. Six Q400s are delivered and currently in service. Within one year, the fleet will double in size to 12 aircraft and the full order of 20 is expected to be delivered in less than two years.