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Gold/Mining/Energy : Bombardier, maker of planes and trains and other things

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To: Gilbert Drapeau who wrote (1150)2/26/2004 9:53:21 AM
From: Gilbert Drapeau  Read Replies (1) of 1177
 
Bombardier Aerospace Appoints Head of New Commercial
Aircraft Program

MONTREAL, QUEBEC--FEBRUARY 26, 2004 - 09:25 ET
Bombardier Aerospace announced today the
appointment of Gary R. Scott as President, New Commercial
Aircraft Program, effective March 8, 2004. Mr. Scott will be
responsible to form and lead a multi-disciplinary team to
evaluate the possibility of proceeding with the creation of a new
generation commercial aircraft.

"With almost 30 years experience at The Boeing Company in jobs
ranging from finance to strategy to program management, Gary, an
experienced aviation executive, is the ideal choice to lead our
evaluation team over the next 12 months as we prepare to make a
decision on the development of a new commercial aircraft
program," said Pierre Beaudoin, President and Chief Operating
Officer, Bombardier Aerospace. "His experience, coupled with our
industry-leading new product development expertise of 15 new
products in 14 years, assures us of a thorough and sound
evaluation process. We are very pleased to have him join us at
this exciting time for Bombardier Aerospace."

Mr. Scott's aerospace experience includes executive leadership of
Boeing's 737/757 commercial airplane division during the biggest
production build-up in the Company's history and the launch of
the 737 Next Generation program and the 757-300 program. Mr.
Scott left Boeing in 2002 to join CAE, Inc. as Group President,
Civil Simulation and Training, a position he held prior to
joining Bombardier.

About Bombardier

A world-leading manufacturer of innovative transportation
solutions, from regional aircraft and business jets to rail
transportation equipment, Bombardier Inc. is a global corporation
headquartered in Canada. Its revenues for the fiscal year ended
Jan. 31, 2003 were $21.2 billion Cdn and its shares are traded on
the Toronto, Brussels and Frankfurt stock exchanges (BBD, BOM and
BBDd.F). News and information are available at
www.bombardier.com.

N.B. Fiscal year 2002-03 revenues have been restated following
the sale of the recreational products business.

(i) Trademarks of Bombardier Inc. or its subsidiaries.
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