- Canadian carrier exercises options as it prepares for the milestone delivery of the 500th Bombardier Q400 aircraft in June
- Growth of WestJet Encore's fleet to 36 Q400 aircraft follows expansion of service to eastern Canada
TORONTO, ONTARIO--(Marketwired - Jun 15, 2015) - International Paris Air Show
Bombardier Commercial Aircraft announced today that Calgary-based WestJet Encore Ltd. has signed a firm order for five Q400 aircraft. The airline also signed a firm order for one Q400 aircraft in March 2015. These transactions are conversions of options previously booked by the carrier's parent company WestJet Airlines.
Based on the list price of the Q400 airliner, the transactions announced today are valued at approximately $200 million US.
"In 24 months, WestJet Encore has successfully launched Canada's newest regional airline bringing WestJet's caring service and low fares to more communities which WestJetters are incredibly proud to service," said Ferio Pugliese, President, WestJet Encore. "As the backbone of our expansion, the Q400 offers both jet-like performance and turboprop economics, providing us with the consistent guest and in-flight experience that allows us to integrate the WestJet brand into our regional airline."
"WestJet Encore continues to build momentum within the Canadian regional aircraft market. Through its diversified and growing route networks, it has used the Q400 aircraft to serve 24 cities in seven provinces since launching its operations," said Fred Cromer, President, Bombardier Commercial Aircraft. "As a growth-minded airline, this iconic Canadian carrier is benefitting from the Q400 aircraft's perfect balance of flexibility, passenger comfort, economics and unsurpassed environmental standing.
"Later this month, WestJet Encore will take delivery of the 500th Bombardier Q400 aircraft. Since entering revenue service in 2000, the Q400 turboprop has been one of the top success stories in regional airline transport, so it is incredibly fitting that an admirable Canadian airline will take delivery of this milestone aircraft," added Mr. Cromer.
WestJet Encore launched service in June 2013 operating 10 departures daily to two destinations with two Q400 aircraft and 131 employees. Today, it now services 24 cities in seven provinces with 114 daily departures with 21 Q400 aircraft and approximately 500 employees. The airline recently launched Edmonton-Kamloops, Toronto-Quebec City, Toronto-Fredericton and Halifax-Sydney services.
About Q Series Aircraft
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. While it's nimble enough for a steep approach, the Q400 aircraft is also tough enough to land on unpaved runways. It's a certified performer at high altitude airports too, like that of La Paz, Bolivia, one of the world's highest.
Thanks to its combination of turboprop attributes, jet-like features, industry-leading passenger experience and environmental footprint, the Q400 aircraft is exceptionally versatile and can be adapted to a variety of business models. By offering a 30% reduction in fuel burn over the jets it often replaces, the Q400 aircraft radically reduces carbon emissions and increases cost efficiency. Its high-speed cruise -- 160 km/h faster than conventional turboprops -- places the aircraft's flight time within minutes of jet schedules, at the same seat cost as larger single-aisle jets. Its large propellers operate at a lower RPM, generating more power with less noise and making it a friendly option for city centres.
The Q400 aircraft family includes over 60 owners and operators in almost 40 countries worldwide and the worldwide fleet has logged more than 6 million flight hours. With a dispatch reliability rate of over 99.5%, the aircraft has transported more than 370 million passengers worldwide.
Including WestJet Encore's orders, Bombardier has recorded firm orders for a total of 546 Q400 aircraft.
Bombardier is the world's leading manufacturer of both planes and trains. Looking far ahead while delivering today, Bombardier is evolving mobility worldwide by answering the call for more efficient, sustainable and enjoyable transportation everywhere. Our vehicles, services and, most of all, our employees are what make us a global leader in transportation.
Bombardier is headquartered in Montreal, Canada. Our shares are traded on the Toronto Stock Exchange (BBD) and we are listed on the Dow Jones Sustainability World and North America Indices. In the fiscal year ended December 31, 2014, we posted revenues of $20.1 billion. News and information are available at www.bombardier.com or follow us on Twitter @Bombardier.
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