August 1, 2012 — Toronto
Aerospace
Bombardier Aerospace announced today that the conditional order placed by WestJet, an Alberta partnership on June 28, 2012, has been converted to a firm purchase agreement for up to 45 Q400 NextGen airliners. The transaction includes 20 firm-ordered Q400 NextGen aircraft and options on an additional 25 of the aircraft. WestJet’s letter of intent to acquire these aircraft was announced on May 1, 2012.
As previously announced, based on the Q400 NextGen aircraft list price, the firm order is valued at approximately $683 million US and could increase to approximately $1.59 billion US if the 25 options are converted to firm orders.

