Jazz Signs LOI For 15 Q400s; Full-Year Net Profit Declines

Jazz Air, as expected, has signed a letter of intent to buy up to 30 Bombardier Q400 turboprops. The transaction, when finalized, will include 15 firm orders and 15 options, with deliveries scheduled to start in May 2011. The first 15 aircraft, which will be configured with a single, 74-seat cabin...

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