Calgary-based WestJet Encore signed a firm purchase agreement for five Bombardier Q400 NextGen turboprops on 29 July 2014. The transaction made by the Canadian airline is a conversion of a batch of five options, the second such deal after an earlier five were made firm in March. That leaves 15 aircraft still as an option, on top of the firm orders now totalling 30 aircraft.
The original contract for the first 20 was announced on 1 August 2012. Based on the list price of the Q400 NextGen airliner, the transaction announced today is valued at approximately US$ 167 million.
WestJet Encore already has 13 Q400 NextGens in service, delivered in just over a year. The airline launched in June 2013 operating 10 departures daily to two destinations with two Q400 NextGen aircraft and 131 employees. Today, it operates 90 departures daily from hubs in Calgary, Alberta and Toronto, Ontario to 19 destinations with 13 Q400 NextGen aircraft and approximately 500 employees. The airline has announced plans to introduce service to Québec City, Québec; Fredericton, New Brunswick and Penticton, British Columbia in 2015.