Bombardier Grants Option Rights to Colgan Air, Inc. for 15 Q400 NextGen Aircraft

Bombardier Aerospace announced today that it has finalized the terms for and granted option rights to Colgan Air, Inc. for 15 Q400 NextGen turboprop airliners. These option rights are additional to Colgan Air’s firm order for 15 Q400 NextGen airliners which was announced on January 15, 2009. Colgan Air is a wholly owned subsidiary of Pinnacle Airlines Corp.

Optimized for best-in-class efficiency, Q400 and Q400 NextGen airliners are fast, fuel-efficient and lower-emission 70- to 80-seat large turboprops, ideally suited to short-haul operations.

Source: Bombardier