Palma orders fifth Q400 NextGen for lease to RwandAir

Bombardier has announced that Palma Holding Limited has signed a firm purchase agreement to acquire an additional dual-class Q400 NextGen aircraft, which will be leased to RwandAir under a joint venture between Palma and Ibdar Bank BSC.“Our first dual-class, 67-seat Q400 NextGen aircraft has proven to be capable of performing in our environment and flexible in supporting our fleet strategy through its increased capacity –all the while nicely complementing our dual-class CRJ900 NextGen regional jets,” explained John Mirenge, CEO of RwandAir.“The dual-class Q400 NextGen aircraft presents many exciting business development opportunities for the African region,” remarked Palma’s president, Moulay Omar Alaoui. “With Ibdar, we became the first lessors worldwide for the aircraft's dual-class configuration and having already worked together to place four aircraft with another operator in Africa, we are delighted to support RwandAir on its path towards further growth and increased profitability. The Q400 aircraft is highly desired by airlines as evidenced by the number of repeat orders, and this makes it an attractive asset from a lessor's point of view.”RwandAir currently operates two dual-class Bombardier CRJ900 NextGen regional jets, and with the lease of the aircraft announced today, is adding another Q400 NextGen aircraft to the first one already in service.

You may be interested in...

« Back to News