Calgary-based WestJet Encore has signed a firm purchase agreement for five Q400 NextGen airliners. This transaction is a conversion of five of the 25 options booked by the carrier’s parent company WestJet and announced on August 1, 2012 along with WestJet’s firm order for 20 Q400 NextGen airliners. Based on the list price of the Q400 NextGen airliner, the transaction is valued at approximately $167 million US. “In just under one year, WestJet Encore has re-shaped the regional aircraft market in western Canada – opening new destinations and feeding traffic to WestJet’s mainline network – all on the strength of

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