Bombardier to sell Q400 programme to Viking Air

Bombardier will sell its Q400 turboprop programme to Canadian airframe maker Viking Air for $300 million as part of a streamlining exercise expected to include the loss of some 5,000 jobs over the next 12 to 18 months.

It also said it agreed to sell its business aircraft training unit to CAE for $800 million.

David Curtis, CEO of Longview Aviation Capital & Viking Air said in a public statement:  “The Dash 8 turboprop is the perfect complement to our existing portfolio of specialised aircraft including the Twin Otter and the Canadair CL 215 and 415 series of water bombers.

“We see enormous value in the de Havilland Dash 8 programme, with these aircraft in demand and in use all around the world.”