Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bombardier Inc. T.BBD.A

Alternate Symbol(s):  BDRPF | T.BBD.PR.B | BDRXF | T.BBD.PR.C | T.BBD.PR.D | BOMBF | BDRAF | T.BBD.B | BDRBF

Bombardier Inc. is a Canada-based manufacturer of business aircraft with a global network of service centers. The Company is focused on designing, manufacturing and servicing business jets. The Company has a worldwide fleet of more than 5,000 aircraft in service with a variety of multinational corporations, charter and fractional ownership providers, governments and private individuals. It operates aerostructure, assembly and completion facilities in Canada, the United States and Mexico. Its robust customer support network services the Learjet, Challenger and Global families of aircraft, and includes facilities in strategic locations in the United States and Canada, as well as in the United Kingdom, Germany, France, Switzerland, Austria, the United Arab Emirates, Singapore, China and Australia. The Company's jets include Challenger 350, Challenger 3500, Challenger 650, Global 5500, Global 6500, Global 7500 and Global 8000.


TSX:BBD.A - Post by User

Bullboard Posts
Post by Fineganon Feb 10, 2014 6:13am
354 Views
Post# 22190258

Two Q400 to Falcon Aviation

Two Q400 to Falcon Aviation

Middle Eastern Operator Falcon Aviation Services Orders Two Bombardier Q400 NextGen Aircraft

02/09/2014 | 08:01pm US/Eastern
Recommend:
0
 

SINGAPORE, SINGAPORE--(Marketwired - Feb 9, 2014) - Bombardier Aerospace announced today that Abu Dhabi-based Falcon Aviation Services has signed a firm purchase agreement for two Q400 NextGenturboprop aircraft. Falcon Aviation Services is based at Al Bateen Executive Airport and operates a fleet of corporate jets conducting VIP charter flights, and a fleet of helicopters serving the offshore oil and gas industry. The company also conducts search and rescue; aircraft management, maintenance, repair and overhaul; as well as consulting operations.

Based on the list price of the Q400 NextGen turboprop, the order is valued at approximately $61 million US.

"The Q400 NextGen turboprop's powerful engines and its Auxiliary Power Unit make it an ideal aircraft in our part of the world and allows us to offer our services to more of our clients in the region," said Captain Mahmoud Ismael, Chief Operating Officer, Falcon Aviation Services. "The engines provide substantial power allowing the aircraft to climb over the sand belt faster than any other turboprop, and the APU allows a quick cool down in our hot environment. With this acquisition, we are diversifying our business model and offering a broader range of services to our clients.

"In a 78-passenger configuration, the Q400 NextGen aircraft is well suited to our operation and offers very competitive costs," added Capt. Ismael.

"Q400 and Q400 NextGen aircraft are proving their high value by operating in all kinds of diverse environments, such as cold weather conditions in Canada and Eastern Europe; hot, arid environments in the Middle East and Northern Africa; and the humid, mountainous environments in Western North America and sub-Saharan Africa," said Mike Arcamone, President, Bombardier Commercial Aircraft. "We are delighted that Falcon Aviation Services has chosen to add Q400 NextGen aircraft to the company's fleet, and I wish them much success as they join the family of owners and operators who are benefiting from the aircraft's advanced technology, outstanding performance attributes, operational flexibility, advantageous economic costs, low environmental footprint and enhanced cabin amenities.

"The Q400 and Q400 NextGen aircraft's broad and growing operator base is also making these aircraft enticing assets for leasing companies," added Mr. Arcamone.


Bullboard Posts