Bombardier Confirms Aim To Build Q400s in Russia
Yakutia Airlines operates three Bombardier Q400s from its base at Yakutsk Airport in northeast Russia. (Image: Bombardier)
Yakutia Airlines operates three Bombardier Q400s from its base at Yakutsk Airport in northeast Russia. (Image: Bombardier)

Bombardier and Russian state-controlled Rostekhnologii (Rostec) have signed a memorandum of understanding to “validate” the prospect of establishing a final assembly line for the Canadian manufacturer’s Q400 turboprop in Russia, the companies confirmed on Wednesday during the Moscow Air Show (MAKS). The MOU accompanies a series of preliminary agreements including an LOI for the sale of 50 Q400s to Ilyushin Finance Company (IFC) and a so-called market development agreement with Rostec and its leasing subsidiary, Avia Capital Services, to place another 50 Q400s in the region. Bombardier estimates the potential value of the Q400 orders to amount to $3.39 billion at list prices.