17 March 2015
Bombardier Commercial Aircraft announced today that lessor Palma Holding Limited (“Palma”) has signed a firm purchase agreement to acquire an additional dual-class Q400 NextGen aircraft. Under a joint venture between Palma and Ibdar Bank BSC (“Ibdar”), the firm-ordered aircraft will be leased to RwandAir of Kigali, Rwanda.

“The dual-class-configured Q400 NextGen aircraft presents many exciting business development opportunities for the African region,” said Moulay Omar Alaoui, President, Palma Holding Ltd. “With Ibdar, we became the first lessors worldwide for the aircraft’s dual-class configuration and having already worked together to place four aircraft with another operator in Africa, we are delighted to support RwandAir on its path towards further growth and increased profitability.

See the full article at Bombardier