Air Canada Jazz orders 15 Bombardier Q400 aircraft

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Air Canada Jazz (Halifax) (Jazz Air LP) announced that it has signed a Letter of Intent (LOI) with Bombardier Commercial Aircraft subject to the satisfaction of customary conditions, to finalize a binding purchase agreement for a firm order of 15 DHC-8-400 (Q400) NextGen aircraft with options for an additional 15 aircraft.

Aircraft deliveries are planned to commence in May 2011. The aircraft will accommodate 74 passengers, and will be configured with a single cabin.

The company also announced its fourth quarter and full year 2009 financial results: