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Monday, March 10, 2008

SAS Reaffirms Support for Bombardier

Despite the debacle created by three Q400 crash landings at SAS Scandinavian Airlines, Bombardier Aerospace announced today that SAS and three of its affiliate airlines have signed firm orders for 27 regional jets and turboprops and have taken options on an additional 24 aircraft. Related Story Estonian Air of Tallinn, Estonia and SAS have placed firm orders for 13 Bombardier CRJ900 NextGen regional jets along with options on an additional 17, while Widerøe’s Flyveselskap A/S of Bodø, Norway and airBaltic of Riga, Latvia have ordered 14 Q400 NextGen high-speed turboprop airliners along with options on seven more. The value of the combined firm orders based on CRJ900 NextGen and Q400 NextGen list prices is approximately $883 million. The value of the orders could increase to approximately $1.75 billion if all options are exercised. For a complete report see the next issue of Regional Aviation News.

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