NAC signs deal for four Q400s

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Denmark's Nordic Aviation Capital has signed a firm agreement for four Bombardier Q400 NextGen aircraft totaling $134 million at list prices.

Latvian low-cost carrier Air Baltic will operate the four aircraft in addition to eight Q400s it ordered from the airframer last year. It has placed a firm order for 10 CSeries CS300 aircraft as it adopts an all-Bombardier fleet to replace older turboprops. The carrier was Bombardier's launch customer for the extra capacity CS300, which can be configured with up to 160 seats.

Flightglobal learned in December that the carrier had a letter of intent to purchase four more Q400s.

The deal brings Bombardier's firm backlog up to 467 Q400 and Q400 NextGen aircraft.

"The continued industry support from NAC is further evidence that leasing companies recognize the superb in-flight performance and reliability of the Q400 NextGen turboprop and CRJ1000 NextGen regional jetliner," says Mike Arcamone, president, Bombardier Commercial Aircraft. "We look forward to increased activity involving the aircraft leasing community as we strive to help our customers meet their business goals in a challenging economic environment."