5-Sep-2012 10:40 AM

Eurolot converts options on six Q400 aircraft to firm orders

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]