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PAL to acquire up to 12 Bombardier Q400 Aircraft

Bombardier Commercial Aircraft yesterday announced that Philippine Airlines, Inc., flag carrier of the Philippines, has signed a Letter of Intent (LOI) to acquire up to 12 Q400 aircraft, an 86-seat aircraft featuring 10 premium service seats.

In a statement posted on its website, the Montreal-based aircraft manufacturer quoted Jaime J Bautista, PAL President and Chief Operating Officer, as saying, “For close to a decade, the Bombardier Q Series family of aircraft has been instrumental in evolving our domestic network operations.”

Q400 aircraft in Philippine Airlines livery.

Q400 aircraft in Philippine Airlines livery.

“We are proud that our continued fleet growth now makes us the first airline to launch service with the two-class, 86-seat Q400 aircraft. As we strive to become a 5-star-rated airline, the Q400 aircraft, featuring a modern and innovative configuration, will be instrumental in providing our travellers with a world-class, in-flight passenger experience.”

For its part, Fred Cromer, President, Bombardier Commercial Aircraft, noted that integrating the extra-capacity, two-class Q400 aircraft into its operations is the ideal solution for Philippine Airlines as it reshapes its domestic air travel strategy.

“With its perfect balance of passenger amenities and operational flexibility, the 86-seat Q400 aircraft will offer Philippine Airlines significant opportunities to differentiate itself in the region’s fiercely competitive environment.”

“We look forward to working with Philippine Airlines to reach a firm purchase agreement for Q400 aircraft,” Cromer said.

The announcement did not mention any estimated value for the aircraft should the purchase materializes.

“As Philippine Airlines looks to develop its domestic operations from secondary hubs and increase intra-island connectivity, the 86-seat Q400 aircraft – the largest two-class turboprop aircraft available on the market – will increase the carrier’s competitiveness by offering the lowest seat-mile and operating costs in the regional aircraft market,” said François Cognard, Vice President, Sales, South-East Asia and Australasia.

“Our continued collaboration will undoubtedly set the stage for another decade of profitable and efficient operations for Philippine Airlines.”

Designed as a modern, 21st-century turboprop, the Q400 aircraft is the most recent development in the Q Series family of aircraft.

It provides unmatched performance, operational flexibility and passenger comfort.

In addition to the standard single-class configuration, Q400 aircraft are available with an optional dual-class interior for enhanced passenger comfort; in an optional extra-capacity configuration offering up to 90 seats for higher-density markets; and in a cargo-passenger combi configuration.

The Q400 aircraft family includes over 60 owners and operators in almost 40 countries. The worldwide fleet has logged more than 6.9 million flight hours and has transported more than 429 million passengers.

Long recognized as a high-value asset by operators, the Q400 aircraft is now also attracting growing interest from the leasing community. Bombardier has recorded firm orders for a total of 565 Q400 aircraft.

Bombardier’s Dash 8/Q Series turboprops and CRJ Series regional jets have made significant advances in the Asia-Pacific region where approximately 190 aircraft – including more than 165 Dash8/Q Series turboprops – are in service with, or ordered by, over 25 customers and operators.

Bombardier’s customer support network for commercial aircraft in the Asia Pacific region includes Regional Support Offices in Narita (Tokyo), Sydney, Beijing, Shanghai and Mumbai, as well as Parts Depots in Sydney, Beijing and Singapore.

Operating from the company’s regional office located in Singapore, Bombardier Commercial Aircraft’s sales and marketing team is well positioned to provide industry-leading solutions to its current and prospective customers.

The Philippine flag carrier, headquartered in Manila, celebrates its 75th anniversary this year as the first commercial airline in Asia still in operation today. Operating out of its hubs at Ninoy Aquino International Airport of Manila and Mactan-Cebu International Airport of Cebu, Philippine Airlines serves 31 destinations in the Philippines and over 40 destinations in Southeast Asia, East Asia, Middle East, Oceania, North America, and Europe.

Bombardier is the world’s leading manufacturer of both planes and trains. Looking far ahead Bombardier is evolving mobility worldwide by answering the call for more efficient, sustainable and enjoyable transportation everywhere.

Bombardier shares are traded on the Toronto Stock Exchange (BBD) and are listed on the Dow Jones Sustainability Index. In the fiscal year end December 31, 2015, Bombardier posted revenues of $18.2 billion.