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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 (677)11/11/1999 9:23:00 AM
From: Gilbert Drapeau  Read Replies (1) of 1177
 
BOMBARDIER WINS ORDER FROM NEW EUROPEAN CUSTOMER:
DENMARK'S CIMBER AIR A/S PURCHASES CRJ200 AIRCRAFT

NOVEMBER 11, 1999
TORONTO, ONTARIO--Bombardier Aerospace has signed a contract with
Cimber Air of Denmark for the purchase of two CRJ200* aircraft
plus four options. Value of the two firm aircraft is
approximately US $46 million (Cdn $68 million) including spares
provisioning and support.
This is the seventh new customer this year for the CRJ and brings
the number of airline and corporate customers for the product to 35 worldwide.
"Addition of Bombardier's 50-seat CRJ200 to our fleet will provide
Cimber Air with a new tool to support our passengers' needs on new
city pairs," said Cimber Air president Jorgen Nielsen.
Based in Sonderborg, Cimber Air is one of Denmark's most
experienced airlines. Established in 1950, Cimber Air currently
operates a fleet of 15 turboprop aircraft.
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.
* Trademark of Bombardier Inc.
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