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

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To: Carpe per Diem who wrote (775)7/19/2000 9:25:35 AM
From: Gilbert Drapeau  Read Replies (2) of 1177
 
Bombardier Aerospace to Feature 70-Seat Regional Jet,
Ultra-Long Range Business Jet and Next Generation
Turboprop at Farnborough International Air Show 2000

MONTREAL, QUEBEC-- JULY 19, 2000

Company Enters Show as World's Leader in Business and Regional
Aircraft

Bombardier Aerospace, the number one manufacturer of business and
regional aircraft worldwide, will display its newest and
best-selling aircraft at the Farnborough International Air Show
later this month. The roster includes its new 70-seat Canadair
Regional Jet and 70-seat Q-400 Dash 8 turboprop airliners, Global
Express and Challenger corporate jets as well as several members
of the Learjet family of business jets. For the first time,
Bombardier will enter the show as the leader of the two fastest
growing niches in the aerospace business and as the winner of
Aviation Week and Space Technology's "Best Managed Large Aerospace
Company."

At Farnborough, Bombardier will conduct the CRJ700's inaugural
demonstration flight. It will also offer journalists
demonstration flights on the Global Express and the Q400 Dash 8
turboprop.

"Over the last decade, Bombardier has invested heavily in new
products and, as a result, has developed more aircraft than any
other airframe maker," said Michael Graff, president and chief
operating officer of Bombardier Aerospace. "At Farnborough we
will showcase the fruits of our investments with a 70-seat
regional jet that is two years ahead of its competition, a
next-generation turboprop with unparalleled passenger comfort and
an ultra-long range business jet that flies faster and farther
than any other corporate jet in history."

In the past year, Bombardier has sold more aircraft than ever in
its history with revenues of $8.1 billion (Cdn.), a 26 per cent
increase from the previous year. Bombardier has received several
accolades for its performance, including being ranked number one
on the Forbes Global "A List" in Aerospace & Defense, third on
Fortune's list of "Most Admired Global Companies" in the Aerospace
category.

/T/

NOTE TO EDITOR

Where to Find Bombardier at Farnborough International

Throughout the show, Bombardier Aerospace welcomes members of the
media at its press centre, Chalet Row C1-3

Monday, July 24, 2000

12:00 Bombardier Aerospace Press Conference, Press Centre - Hatfield
Room
15:30 Bombardier CEO and COO meeting with Canadian Media,
Bombardier Chalet Row C1-3
19:30 Royal Aeronautical Society Journalist of the Year Awards,
Great Hall of London, Guildhall

Tuesday, July 25, 2000

09:30 Aviation Week & Space Technology Awards, Press Centre
10:00 Bombardier Aerospace Press Conference, Press Centre, Hatfield
Room
17:20 Q400 demo flight
19:30 SBAC - Farnborough 2000 Dinner, Grosvenor House

Wednesday, July 26, 2000

10:00 Bombardier Aerospace Press Conference, Press Centre, Hatfield
Room
17:20 CRJ700 demo flight
17:20 Global Express demo flight

Thursday, July 27, 2000

17:20 Q400 demo flight
17:20 CRJ700 demo flight

/T/

About the Bombardier Aircraft on Display

(see www.aeroshow.com for a photo gallery)

The CRJ700, the 70-seat derivative of the popular 50-seat CRJ100
and CRJ200 aircraft, enables customers to enjoy one family of
aircraft for a more flexible fleet, superior resource allocation
and point to point service. The CRJ700 is an emblem of
Bombardier's leadership position in the regional aircraft market,
entering into revenue service two years ahead of competitors.

The Q400 Dash 8 turboprop, the 70-seat version of the Q100, Q200
and Q300 Series, made its first delivery this year. This
aircraft's break-even point for customers is 40 percent occupancy,
giving its customers a high-profit potential. The increased speed
and range of this next-generation turboprop extends an airline's
reach to new markets beyond traditional turboprop missions.
Additionally, the Q-Series showcases Bombardier's proprietary
advanced Noise and Vibration System (NVS) that promises passengers
a quiet and comfortable flight experience.

The ultra long-range Global Express flies faster and farther than
any other corporate jet in history. The 18-seat aircraft can fly
up to an altitude of 51,000 feet and fly at speeds of up to mach
.89. The Global Express has also been chosen for the UK Airborne
Stand-Off Radar (ASTOR) program for its superior design,
reliability and performance. Additionally, it is the only
aircraft in its class to have European Joint Aviation Authorities
(JAA) certification. As of July 12, 2000, the Global Express
in-service fleet totalled 11 aircraft.

The Challenger business jet, which recently made a milestone 500th
delivery, continues to be Bombardier's best-selling business
aircraft capturing more than one third of the market for large
business aircraft. The Challenger 604 can perform at 4,000
nautical miles, giving the customer the intercontinental range
needed to perform globally.

Renowned for its speed and high performance, the Learjet family of
aircraft has been part of Bombardier's operation for ten years.
The three aircraft developed under Bombardier's management, the
Learjet 60, 45 and 31A, will be on display at the show.

About Bombardier Aerospace

Bombardier Aerospace, a unit of Bombardier Inc., is the leading
business, regional and amphibious aircraft manufacturer. With
full design and production capabilities in three countries, it
offers the most comprehensive families of turboprop and regional
jet aircraft and the widest range of business jets. It also
provides the Flexjet fractional business aircraft ownership
program, technical services, aircraft maintenance and pilot
training for business, regional airline and military customers.
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