FlyBE places $362 million aircraft order

UK-based FlyBE airline has today placed 17 firm orders for Bombardier Q400 aircraft valued at $362 million, with options for a further 20 Q400 regional airliners.

Bombardier Aerospace and UK-based FlyBE today have agreed to a contract for the purchase of advanced Bombardier Q400 regional airliners.

The agreement includes 17 firm orders for Bombardier Q400 aircraft valued at $362 million and a further 20 options.

The total value of the contract, if the 20 options are exercised, could reach $818 million. Deliveries of the 78-seat aircraft are scheduled to begin in the second quarter of 2003.

Today’s order will increase FlyBE’s Q400 fleet to 21 aircraft.

‘The Q400 is set to become the workhorse of the regional low fares market and we are very pleased to be the leading exponent of the product,’ commented Jim French, managing director of FlyBE.