Ethiopian Airlines purchases five Bombardier Q400 NextGen airliners

TORONTO, Canada, Feb., 18, 2012. Bombardier Aerospace confirmed that Ethiopian Airlines is the customer that placed the firm order for five Q400 NextGen airliners announced on February 13, 2012. Two of the five aircraft will be operated by Ethiopian Airlines and three by its affiliate, ASKY Airlines of Togo. Ethiopian Airlines serves 64 international destinations. The order announced today will increase the number of Q400 NextGen airliners purchased by Ethiopian Airlines to 13. Based on the list price for the Q400 NextGen airliner, the transaction is valued at approximately $160 million US. Altogether, more than 200 Bombardier-produced CRJ Series regional jets and Q-Series turboprops are on firm order or in service in Africa and the Middle East. Including the transaction announced today, Bombardier has booked firm orders for 418 Q400 and Q400 NextGen aircraft, with 389 delivered as of December 31, 2011.