airBaltic confirms it will buy new Q400s

Airline to bring in Bombardier, phase out Fokker and Boeing

Riga-based airline airBaltic has confirmed plans to buy four new Bombardier Q400s. These will be delivered on lease in spring 2013. The carrier is aiming to take the planes from an operating lessor direct from the production line, rather than go through a sale-leaseback deal. This winter season, the airline is operating a fleet of eight Q400s, ten Boeing 737s and two Fokker 50s. Two Boeing 757s are on lease in Cambodia. A total of ten F50s are being phased out, with just two remaining in service until the arrival of the first two Q400s.
Between 2015 and 2017, airBaltic wants to take delivery of 10 Bombardier CS300s, as stated in a letter of intent signed at the Farnborough Airshow. This will cut $30 million a year from the carrier’s operating costs, the airline suggests. All of the 737 leases will expire by 2017.
ATW
[pictured: Bombardier Q400; courtesy airBaltic]

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