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, and could increase to approximately $366 million if the four options are exercised.
Ethiopian Airlines, the country