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Airshow: Bombardier agrees to sell up to 50 Q400s to SpiceJet
June 20, 2017 / 10:10 AM / in 6 months

Airshow: Bombardier agrees to sell up to 50 Q400s to SpiceJet

(Reuters) - Canadian airplane maker Bombardier Inc said on Tuesday it agreed to sell up to 50 Q400 turboprop aircraft to Indian budget carrier SpiceJet Ltd.

FILE PHOTO - People attend the Bombardier stand during the European Business Aviation Convention & Exhibition (EBACE) at Cointrin airport in Geneva, Switzerland, May 22, 2017. REUTERS/Denis Balibouse/File Photo

SpiceJet will buy 25 Q400 turboprop aircraft from Bombardier, as per a letter of intent between the two companies. The Indian airline has the option to buy 25 more planes.

An order could be valued at up to $1.7 billion, based on the list price for the 86-seater Q400, Bombardier said.

Reporting by Ankit Ajmera in Bengaluru; Editing by Sai Sachin Ravikumar

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