WestJet Places Order for 20 Bombardier Q400 Airplanes

By Bizclik Editor

 

Bombardier announced yesterday WestJet’s purchase agreement to acquire 20 Bombardier Q400 NextGen Aircraft with options for 25 more. The first part of the purchase will cost $683 million USD and if/when WestJet purchases 25 more aircraft from Bombardier, the purchase cost could increase to an estimated $1.59 billion USD.

"We are delighted to welcome our friends from Bombardier to our campus today as well as representatives from the more than 30 airports across Canada hoping to have WestJet service in their communities in the future," said Gregg Saretsky, WestJet President and CEO. "Our launch plans are progressing nicely and we look forward to expanding to new communities when we launch in the second half of 2013."

The order was placed by WestJet in their efforts to launch a regional airline, estimated to occur in the second half of 2013. WestJet announced the opportunity of a regional airline in January 2012 and found via company poll that 91 per cent of WestJet employees supported the idea.

 

SEE RELATED STORIES FROM THE WDM CONTENT NETWORK:

Click here to see the latest issue of Business Review Canada

 

"This is an exciting time for Bombardier and WestJetters alike. We're equally keen to see how WestJet will adopt the Q400 NextGen aircraft into its unique operations and it's a thrill to see the enthusiasm as the airline solicits feedback from the country's regional airports and its guests," said Mike Arcamone, President, Bombardier Commercial Aircraft. "The Q400 NextGen aircraft's superior economics, outstanding fuel economy and excellent passenger comfort give WestJet the flexibility to service a diverse number of routes and airports. We look forward to the waiving of the order conditionality in the near future."

Share

Featured Articles

Top 10 cybersecurity specialists in the US

As cyber attacks grow in frequency and become increasingly sophisticated, Business Chief looks at the top 10 cybersecurity specialists in the US.

Silicon Valley Bank collapse: How did we get here?

US authorities have stepped in to protect all Silicon Valley Bank customers following the second-largest bank failure in the country's history

Top 10 best new leadership books by women to read in 2023

To mark IWD, here’s our pick of the best new leadership books – all penned by impressive women at the forefront of the ever-evolving world of work

Eight of the best business leadership podcasts

Leadership & Strategy

CEO John Pagano, leading Saudi Arabia's Red Sea Global

Leadership & Strategy

Top 10 female CEOs according to Fortune’s Global 500 list

Leadership & Strategy