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Bombardier signs letter of intent with SpiceJet for up to 50 Q400 aircraft

Bombardier Commercial Aircraft has signed a letter of intent (LOI) with SpiceJet of Gurgaon, India for up to 50 Q400 turboprop airliners. The LOI includes 25 Q400 turboprops and purchase rights on an additional 25 aircraft. Based on the Q400 turboprop list price, an order could be valued at up to US$1.7bn.

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