Commodities

Canada's De Havilland gets 11 more turboprop orders at Dubai Airshow

De Havilland Aircraft of Canada Ltd said on Tuesday it had obtained 11 more orders for its Dash 8-400 plane at the Dubai Airshow, as it revives the recently acquired turboprop business from Bombardier Inc.

Nov 19 (Reuters) - De Havilland Aircraft of Canada Ltd said on Tuesday it had obtained 11 more orders for its Dash 8-400 plane at the Dubai Airshow, as it revives the recently acquired turboprop business from Bombardier Inc BBDb.TO.

Aurora, a subsidiary of Aeroflot-Rossiyskiye Avialinii PAO AFLT.MM, signed a letter of intent to purchase up to five Dash 8-400 aircraft, while the Republic of Ghana agreed to buy six aircraft during the Dubai Airshow, which runs between Nov. 17-21.

ACIA Aero Capital Ltd also signed a conditional purchase agreement to buy three Dash 8-400 aircraft, the company said in a separate statement.

Longview Aviation Capital closed its deal for the Q400 turboprop aircraft program from Canada's Bombardier this year and revived its previous model name - Dash 8 - under a restored corporate brand of De Havilland Aircraft of Canada.

On Monday, De Havilland landed an order for 20 Dash 8-400 turboprops from lessor Palma Holding at the ongoing Dubai Airshow.

(Reporting by Dominic Roshan K.L. in Bengaluru; Editing by Rashmi Aich)

((Dominic.RoshanKL@thomsonreuters.com;))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Latest Markets Videos

Reuters

Reuters, the news and media division of Thomson Reuters, is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organizations, and directly to consumers at Reuters.com and via Reuters TV.

Learn More