BOMBARDIER MAKES CRJ200 SERIES SALE IN CHINA TO SHANDONG AIRLINES
NOVEMBER 8, 1999 TORONTO, ONTARIO--Bombardier Aerospace today announced the sale of five CRJ200* regional jet aircraft to Shandong Airlines in central China. The contract, valued at US $116 million (Cdn $170 million), represents the first CRJ sale to a scheduled regional airline operator in China. The signing took place in Beijing on Saturday, November 6 during a ceremony in the Summer Palace attended by representatives of the Government of the Province of Shandong, State Development and Planning Commission, CAAC, CASC, senior Bombardier executives and members of the media. "Shandong Airlines is acquiring Bombardier's CRJ200 aircraft for expansion and growth on our regional routes throughout The Peoples' Republic of China," said airline president and chairman Mr. Sun Dehan during the ceremony. "The CRJ will join our fleet of 737s and turboprop aircraft on a variety of scheduled revenue passenger services as well as charter and VIP operations once delivered," he said. Mr. James Dailly, vice president Asia/Pacific sales for Bombardier Aerospace, Regional Aircraft, said, "We are delighted that Shandong Airlines will become the first regional airline in China to operate our CRJ regional jet. We are confident that our CRJ will support Shandong's growth plans perfectly as the airline augments its service throughout the country." Shandong Airlines is headquartered in Ji'nan, capital of Shandong Province about 500 kilometres south of Beijing. Five Corporate Jetliner* aircraft are currently in service operated by China United Airlines. In addition, three 56-seat Dash 8(r) turboprop airliners from Bombardier have been in operation with Zhejiang Airlines for several years. Recently, Changan Airlines of Shaanxi Province in central China placed an order for three 78-seat Q400 Dash 8 aircraft with Bombardier. 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 and financial services. 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. * Trademarks of Bombardier Inc. (r) Registered trademark of Bombardier Inc. |