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Philippine Airlines plans to buy as many as 12 Q400 Bombardier aircraft

  • Bombardier (OTCQX:BDRAF, OTCQX:BDRBF) says it received a letter of intent from Philippine Airlines to buy up to a dozen of its Q400 aircraft for an undisclosed purchase price.
  • Bombardier says ~190 of its aircraft are either in service or have been ordered by airlines in the Asia-Pacific region.
  • The company also says it has firm orders on the books for a total of 565 Q400 aircraft.

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