Market Overview

Bombardier, Nok Air of Thailand Sign Purchase Agreement for Two Q400 NextGen Aircraft Valued at $63M

Bombardier Aerospace (OTC: BDRBF) announced today that low-cost Thai carrier Nok Air has placed a firm order for two Q400 NextGen turboprop airliners and has also taken options for two additional Q400 NextGen aircraft, as well as purchase rights on four others. Bombardier also confirmed that Nok Air will be the launch customer for a new extra capacity seating option, which will allow the Q400 NextGen aircraft to accommodate up to 86 passengers.

Based on the list price of the Q400 NextGen airliner, the firm order is valued at approximately $63 million USD. The value could increase to $258 million USD should Nok Air exercise its options and purchase rights.

Posted-In: News Contracts Global

 

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