30 November, 2017: CemAir, a privately owned airline operating in South Africa has concluded a firm purchase agreement for two new Q400 turboprops, and has also signed the lease of a used Q400 aircraft. The letter of Intent (LOI) from CemAir, which was signed at the 2017 Paris Air Show, has now been converted into a firm order.
Based on the list price of the Q400 aircraft, the firm order is valued at approximately $66 million US.
“We are delighted that CemAir has selected the Q400 aircraft to expand its fleet”, said Jean-Paul Boutibou, Vice President, Sales, Middle-East and Africa at Bombardier Commercial Aircraft. “The Q400 is the next natural step in the growth of CemAir’s fleet of Bombardier CRJ Series and Q Series aircraft, as it brings more flexibility to increase the capacity on key routes while their aircraft’s superior performance and unbeatable economics support CemAir’s growing market position against competitive forces. The Q400 will open several market opportunities to CemAir on domestic and future regional routes.”
“CemAir has enjoyed significant growth in the last few years and this has come from our focused approach on selecting the right aircraft for our operation”, said Miles van der Molen, CEO, CemAir. “The Q400 is a fantastic performer especially in our environment of high altitudes and hot operating temperatures. It is really an unbeatable turboprop that brings so many jet-like features to ensure a competitive and operational advantage in our market. We see the Q400 as the ideal growth solution for our scheduled and charter operations as we continue to strengthen our relationship with Bombardier. We are working to expand our scheduled operations beyond South Africa and continuing to support new opportunities across the continent.”