Eurolot announced (04-Sep-2012) it converted options on six Bombardier Q400 aircraft to a firm order which will see its Q400 fleet increase to 14 aircraft. The transaction is valued at USD190 million at list prices. The airline's original firm order for eight Q400 aircraft with 12 options was announced on 09-Mar-2012 with delivery of the first aircraft on 17-May-2012. Eurolot president and CEO Mariusz Dabrowski said, "Our fleet renewal program and route expansion are proceeding very well with Bombardier’s Q400 NextGen aircraft. The very competitive operating costs of the aircraft will benefit further from the Smart Parts Program.” [more - original PR]
Eurolot converts options on six Q400 aircraft to firm orders
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Canada's Porter Airlines’ 10th anniversary is clouded by an uncertain future. Where to next...
Three years ago Canada’s Porter Airlines had a different vision of how its business would take shape by its 10th anniversary in Oct-2016. The company decided to pursue ambitious expansion at its largest and strategic base by lobbying for an expansion of the runway at Billy Bishop Toronto airport to support the operation of jets at the airport, and at the same time placing an order for Bombardier CSeries jets.
Porter’s efforts ultimately failed, and during the past year the airline has been largely silent about how it intends to shape its future. Even though it generates positive customer sentiment, the lack of clarity about how it intends to shape its future has fuelled speculation over Porter’s ultimate staying power.
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