Eurolot to add six Bombardier Q400 NextGen aircraft to its fleet

Warsaw-based Eurolot has converted options on six Q400 NextGen airliners to a firm order that will increase its fleet to 14 Q400 NextGen aircraft. Based on the list price of the Q400 NextGen airliner, the transaction is valued at approximately $190m. Eurolot’s firm order for eight Q400 NextGen airliners with 12 options was announced on March 9, 2012, and delivery of the first aircraft was announced on May 17, 2012. Eurolot has joined Bombardier Commercial Aircraft’s Smart Parts Program for the Q400 aircraft. The Smart Parts Program is customized to an airline’s specific operational and dispatch reliability requirements and provides the airline with competitive and predictable advanced component exchange and repair costs, as well as superior availability of key components.