11:37 AM EST - Bombardier Aerospace : announced that Air Niugini has placed a firm order for two Q400 NextGen high-speed turboprop airliners. The airline has also taken an option for an additional Q400 NextGen airliner. Based on the list price for the Q400 NextGen aircraft, the contract is valued at about $60 million U.S. which could increase to $92 million U.S. if the option is exercised. Air Niugini's current fleet includes two Bombardier Dash 8-100 aircraft, three 36-seat Q200 and three 50-seat Q300 aircraft. Formed in 1973, the airline serves 23 domestic points plus 10 international routes in Asia, Oceania and Australia. Bombardier Aerospace
shares T.BBD.A are trading down $0.13 at $4.79.
