Danish Leasing Company Nordic Aviation Capital Orders Four Bombardier Q400 NextGen Airliners

Danish Leasing Company Nordic Aviation Capital Orders Four Bombardier Q400 
NextGen Airliners 
Aircraft will be operated by airBaltic as Nordic Aviation Capital
increases its aircraft leasing portfolio to 43 Q400 and Q400 NextGen
aircraft 
TORONTO, ONTARIO -- (Marketwire) -- 03/28/13 -- Bombardier Aerospace
announced today that Nordic Aviation Capital A/S (NAC) of Billund,
Denmark has signed a firm purchase agreement to acquire four Q400
NextGen airliners. 
Based on the list price of the Q400 NextGen airliner, the contract is
valued at approximately $134.77 million US. 
The four aircraft will be operated by airBaltic of Riga, Latvia and
will join eight Q400 NextGen airliners ordered directly from
Bombardier as the airline transitions to an all-Bombardier fleet.  
Other recent transactions undertaken by NAC and involving
Bombardier's commercial aircraft include: the sale and leaseback of
10 Q400 aircraft to Marfin Investment Group for operation by Olympic
Air; the sale and leaseback of eight Q400 NextGen airliners delivered
to Eurolot of Poland; and the purchase of 12 CRJ1000 NextGen regional
jets to be operated by Garuda Indonesia.  
"We are delighted to be expanding our portfolio with additional
high-quality, Bombardier-manufactured Q400 NextGen aircraft," said
Kim Graven-Nielsen, Chief Executive Officer, Nordic Aviation Capital.
"For over 20 years, we have been successfully partnering with our
clients to place assets such as these into their networks. Our
knowledge and experience continue to position us exceedingly well to
offer a diverse range of aircraft leasing solutions, including sale
and leaseback, operating leases and finance leases." 
"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," said 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." 
In December 2012, airBaltic announced it was in the process of
transitioning to an all-Bombardier fleet of CSeries and Q400 NextGen
aircraft. The airline has plac
ed a firm order for 10 CS300 aircraft
and holds purchase rights on a further 10 CS300 airliners. These
aircraft will replace older-generation 50-, 120- and 144-seat jet and
turboprop aircraft. 
"The Q400 NextGen turboprop is an excellent aircraft, and we are
delighted to continue our transition to an all-Bombardier fleet,"
said Martin Gauss, Chief Executive Officer, airBaltic.  
Including the transaction announced today, Bombardier has recorded
firm orders for 467 Q400 and Q400 NextGen aircraft. Delivered
aircraft are in service with more than 40 operators in over 30
countries, on five continents. These aircraft have transported more
than 243 million passengers and have logged more than 3.8 million
flight hours and over 4.1 million take-offs and landings. 
About Q400 NextGen aircraft 
The Q400 NextGen turboprop, which is built at Bombardier's Toronto,
Ontario facility, is the most recent development in the evolution of
the Q400 aircraft and the advanced successor to Bombardier's Dash
8/Q-Series family of aircraft. Optimized for short-haul operations,
the "comfortably greener," 70- to 80-seat Q400 NextGen aircraft is a
large, fast, quiet and fuel-efficient turboprop. It provides an ideal
balance of passenger comfort and operating economics with a reduced
environmental footprint. 
About Bombardier 
Bombardier is the world's only manufacturer of both planes and
trains. Looking far ahead while delivering today, Bombardier is
evolving mobility worldwide by answering the call for more efficient,
sustainable and enjoyable transportation everywhere. Our vehicles,
services and, most of all, our employees are what make us a global
leader in transportation. 
Bombardier is headquartered in Montreal, Canada. Our shares are
traded on the Toronto Stock Exchange (BBD) and we are listed on the
Dow Jones Sustainability World and North America Indexes. In the
fiscal year ended December 31, 2012, we posted revenues of $16.8
billion. News and information are available at bombardier.com or
follow us on Twitter @Bombardier. 
Notes to editors 
Images of Q400 NextGen aircraft in airBaltic's livery are posted with
this press release at: www.bombardier.com.  
Additional information on the Q400 NextGen aircraft is available at:
www.q400nextgen.com. 
Follow @Bombardier_Aero on Twitter to receive the latest news and
updates from Bombardier Aerospace. 
Bombardier, CRJ1000, CS300, CSeries, Dash 8, NextGen, Q400, Q-Series
and The Evolution of Mobility are trademarks of Bombardier Inc. or
its subsidiaries.
Contacts:
Marc Duchesne
Bombardier Commercial Aircraft
+1-416-375-3030
www.bombardier.com
 
 
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