Bombardier Announces Sale Of Two More CRJ200 Series Aircraft To Tyrolean Airways
AUGUST 3, 1999 TORONTO, ONTARIO--Bombardier Aerospace announced today that Tyrolean Airways of Innsbruck, Austria had placed a firm order for two CRJ200(x) Series regional jet aircraft. The order represents the conversion of existing options. The contract is valued at approximately U.S. $47 million (Cdn $68 million). The order announced today will increase to 12 the number of CRJ200 aircraft in Tyrolean's fleet and brings Bombardier's orderbook total to 1,069 orders and options for its family of 50- and 70- passenger Canadair Regional Jet aircraft. "The CRJ200 Series has helped us meet the challenges of increased competition in Europe. It has proven to be particularly effective deployed on routes with high business travel potential where speed and frequency are key to successful revenue growth," said Fritz Feitl, president and CEO of Tyrolean Airways. "Tyrolean Airways has been very successful using both Bombardier turboprop and jet products to meet the economic demands of its market," said Robert Gillespie, president of Bombardier Aerospace, Regional Aircraft. "We have established a long-term relationship with Tyrolean Airways and we are very proud of their continued success." Bombardier Aerospace, a unit of Bombardier Inc., is the world's third largest civil aircraft manufacturer with operations in three countries. Leading the 20- to 70-passenger regional carrier market, Bombardier Aerospace offers complete families of turboprop and regional jet aircraft. It has the industry's widest range of business jets, offering both full and fractional ownership, and also produces firefighting/maritime mission aircraft. It provides technical services, aircraft maintenance and pilot training to business, regional airline and military customers. Bombardier Inc. is a Canadian corporation active in the fields of aerospace, rail transportation equipment, recreational products, financial services and services related to its products and core businesses. It operates plants in 12 countries in North America, Europe and Asia, and more than 90 per cent of its revenues are generated outside Canada. Bombardier's revenues for its fiscal year ended January 31, 1999 totalled Cdn $11.5 billion. |