Bombardier Commercial Aircraft reported from the International Paris Air Show, that it has signed an agreement with Philippine Airlines for the exercise of its seven Q400 aircraft purchase rights. This latest rights exercise brings Philippine Airlines’ total firm order to twelve Q400 aircraft. The original order for five firm Q400 with purchase rights for an additional seven was previously announced on December 8, 2016. Based on the list price of the Q400 aircraft, the firm order is valued at approximately US$235m.
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Mailing Address
AviTrader Publications Corp.
Suite 305, South Tower
5811 Cooney Road
Richmond, BC V6X 3M1
Canada