The contract is valued at approximately $118m (£67m) based on the list price for the Q400 NextGen aircraft. The contract value could increase to $179m if both options are exercised.
The aircraft (pictured below) will be operated by the regional airline of the Austrian Airlines Group, Tyrolean Airways.
‘In today’s challenging environment, fuel efficiency is vital,’ said Manfred Helldoppler, managing director of Tyrolean Airways.
He added: ‘The Q400 NextGen airliner’s low fuel consumption contributes to its low operating costs and reduced emissions.
‘In addition, our passengers will benefit from the aircraft’s all-new spacious and comfortable passenger cabin.’
The transaction, announced on 5 September, increases firm orders for Q400 and Q400 NextGen airliners to 317, of which 210 had been delivered as of 31 July 2008.