MONTREAL — ********** Inc. (TSX:BBD.B) says it has inked a deal to sell five Q400 NextGen aircraft for US$160 million.

The buyer, ******* leasing company GE Capital Aviation Services, will also have the option to purchase an additional 10 aircraft. If that option is exercised, the value of the deal will be worth a total of US$448 million.

********** says the Q400 NextGen turboprop planes are ideal for short-haul flights, and can seat up to 86 passengers.

Including this latest deal, the Montreal-based company has signed firm contracts to sell a total of 519 Q400 and Q400 NextGen aircraft.

On Tuesday, it announced that it had entered into a contract to sell 24 CRJ900 NextGen regional jets to an unidentified buyer. Based on the list price, that firm order is worth about US$1.14 billion.

********** said the purchase brings the total number of CRJ series aircraft ordered to 1,858, including 384 CRJ900 and CRJ900 NextGen aircraft.

It also announced it had received a firm order for six Learjet 75 business jets with options on an additional three, also from a customer that did not want to be identified at present.

********** said the six Learjet 75 aircraft are valued at about US$83 million based on the 2014 list price. If all the options are exercised, the total value of the order would be US$124 million at list price.