Palma Holding Limited orders 4 Q400s with options on 4 more

Q400 Dash 8 LogoOn February 3rd, 2014,  Bombardier announced that Palma Holding Limited signed a firm agreement for four Q400 NextGen aircraft. The agreement includes options for an additional four Q400 NextGens. This agreement followed a letter of intent that Bombardier announced on November 18, 2013. Palma intends to lease four of the Q400 NextGens to Ethiopian Airlines.

Ethiopian Airlines currently operates 13 Q400 NextGen aircraft. There are in the Middle East and Africa currently more than 200 Dash 8/Q-series aircraft, CRJ regional jets and CSeries aircraft in service or on firm order.

Including Palma’s order announced today, Bombardier has booked 484 firm orders for Q400 and Q400 NextGen aircraft.