Jazz Air has signed a Letter of Intent with Bombardier Commercial Aircraft subject to the satisfaction of customary conditions, to finalise a binding purchase agreement for a firm order of 15 Q400 NextGen aircraft with options for an additional 15 aircraft.
Aircraft deliveries are planned to commence in May 2011. The aircraft, which would be the first 400s in Jazz’s fleet, will be configured with a single-class cabin accommodating 74 passengers.
"The introduction of the Q400 NextGen is a perfect complement to our fleet of Canadian built Bombardier turboprops and regional jets," remarked Joe Randell, president and chief executive officer, Jazz Air. "Jazz's extensive route network spans North America; the Q400 NextGen provides the right economics and seat capacity to efficiently serve our many niche markets that include short to medium length routes. We continuously strive to improve our economics to provide better value to our stakeholders. The operating costs of the Q400 NextGen are among the lowest of any regional aircraft. The agreement reached last year with Air Canada to extend the term of our commercial agreement and their commitment to fleet renewal will strengthen our position in our industry."
The first 15 Q400 NextGen turboprops will replace 15 50-seat regional jets (pictured). The terms and conditions of the proposed purchase transaction are confidential.
Although Trump’s geopolitics policy for Europe remains unclear, defence analysts from the US and Europe predict how his incoming administration would attempt to handle critical issues on the continent.
The UK budget announced in Parliament on 30 October was the first by a Labour government in 14 years which has also launched a review into defence procurement programmes.
The Australian government has placed a focus on Guided Weapons and Explosive Ordnance (GWEO) which has included the purchase of additional long-range rocket systems and investments in local production of missiles.
The UK budget announced in Parliament on 30 October is the first by a Labour government in 14 years. While it sees a boost in defence spending, this comes in the face of fiscal challenges and the effects of inflation.
The changes are intended to meet greater need and deliver more value for money.
BAE Systems, Booz Allen Hamilton and Lockheed Martin have been betting on new facilities and innovative manufacturing technologies to speed up the development of new solutions.
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