Bombardier Aerospace has announced that it has finalized the terms for, and granted, option rights to Colgan Air Inc. for 15 Q400 NextGen turboprop airliners.
These option rights are additional to Colgan Air’s firm order for 15 Q400 NextGen airliners, which was announced on January 15, 2009.
Bombardier is renowned for manufacturing transport solutions which range from commercial aircraft and business jets, to rail transportation equipment, systems and services.
Its revenues for the fiscal year ended January 31, 2008, were USD17.5bn, and its shares are traded on the Toronto Stock Exchange (BBD).
Colgan Air is a wholly owned subsidiary of Pinnacle Airlines Corp.
Optimized for best-in-class efficiency, Q400 and Q400 NextGen airliners are fast, fuel-efficient and lower-emission 70 to 80 seat large turboprops, ideally suited to short-haul operations.
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