Bombardier Commercial Aircraft announced yesterday CemAir of South Africa has concluded a firm purchase agreement for two new Q400 turboprops, and has also signed the lease of a used Q400 aircraft that was delivered this month, paving the way for the new aircraft to be delivered afterwards. The letter of Intent (LOI) from CemAir, which was signed on June 21 at the 2017 Paris Air Show, has now been converted into a firm order.
Based on the list price of the Q400 aircraft, the firm order is valued at approximately $66 million US.
“We are delighted that CemAir has selected the Q400 aircraft to expand its fleet”, said Jean-Paul Boutibou, Vice President, Sales, Middle-East and Africa at Bombardier Commercial Aircraft. “The Q400 is the next natural step in the growth of CemAir’s fleet of Bombardier CRJ Series and Q Series aircraft, as it brings more flexibility to increase the capacity on key routes while their aircraft’s superior performance and unbeatable economics support CemAir’s growing market position against competitive forces. The Q400 will open several market opportunities to CemAir on domestic and future regional routes.”
