Falcon Aviation converts Q400 NextGen options

Abu Dhabi-based Falcon Aviation Services has placed a firm order for three additional Q400 NextGen airliners. The transaction represents the conversion to firm orders of three of the five Q400 NextGen aircraft included in a Letter of Intent (LOI) announced at the Farnborough Airshow on July 15, 2014. During that Airshow, Bombardier and Falcon also announced a Memorandum of Understanding (MOU) whereby they agreed to collaborate in addressing the need in Africa for multiple, high-quality aircraft solutions which meet international standards.

Based on list price, Falcon’s firm order for three Q400 NextGen aircraft is valued at approximately $90.3 million US.

During a signing ceremony held at Bombardier’s Mirabel, Quebéc facility to commemorate the order, Falcon was represented by Captain Mahmoud Ismael, Chief Operating Officer, while Bombardier Commercial Aircraft’s team included Mike Arcamone, President and John Kassis, Regional Vice President, Sales, the Middle East and Africa.

Including the transaction Falcon has booked firm orders for six Q400 NextGen aircraft this year. Based at Al Bateen Executive Airport, Falcon operates a fleet of corporate jets conducting VIP charter flights, as well as a fleet of helicopters serving the offshore oil and gas industry. The company also conducts search and rescue, aircraft management, maintenance, repair and overhaul, as well as consulting operations.

Bombardier