SAS, Bombardier, Goodrich settle on Q400 compensation
Scandinavian Airlines (SAS) has settled with Bombardier and Goodrich Aerospace the terms of a compensation agreement stemming from the airline’s grounding

Scandinavian Airlines (SAS) has settled with Bombardier and Goodrich Aerospace the terms of a compensation agreement stemming from the airline’s grounding of its entire fleet of 27 Q400s last year. Although it would not disclose the precise conditions, SAS said the value of the compensation it will receive slightly exceeds 1 billion Swedish crowns ($163.5 million) in cash and credits for future firm and optional aircraft orders. As part of the agreement, the board of directors of SAS has approved a firm order for 14 new Q400s and 13 CRJ900s, with an option for a further 24 aircraft.

Plans call for SAS and partner airline Estonian Air to fly all the CRJ900s and leave the Q400s to subsidiaries Wideroe Flyveselskap and Air Baltic. SAS Group expects deliveries to begin this autumn and continue into 2011.