De Havilland wins biggest `prop' sales since Bombardier exit

De Havilland Aircraft of Canada won its biggest plane orders since the brand was sold off by Bombardier with the sale of as many as 23 Dash 8-400 turboprops. The manufacturer, an aviation pioneer long overtaken by the jet age, said Monday at the Dubai Airshow that it a signed a letter of intent with lessor Palma Holding for up to 20 of the planes, which list at US$32m each. That followed a firm order from Nigeria’s Elin Group for 3 planes to use in its oil and gas operations. The Dash 8 program and De Havilland brand were purchased by Longview Aviation Capital last year as part of a breakup of Bombardier’s aerospace assets. The new owners are betting on a revival for the plane after turboprops were displaced from most Western airlines by the advent of the regional jet. <br/>
Bloomberg
https://www.bloomberg.com/news/articles/2019-11-18/de-havilland-wins-biggest-turboprop-sales-since-bombardier-split
11/18/19