Farnborough 2000: Bombardier, Delta Connection Carriers
Sign Largest Regional Aircraft Transaction in History
FARNBOROUGH, UK-- JULY 23, 2000
* Deal increased to 104 firm orders, 396 options for CRJ Series
regional jets
Bombardier Aerospace and Delta Connection Inc. carriers Comair and
Atlantic Southeast Airlines (ASA) have signed the largest regional
aircraft order in history. The two airlines, both wholly owned
subsidiaries of Delta Air Lines, have placed firm orders for a
total of 104 CRJ 100*, CRJ200* and CRJ700* Series regional jets in
a transaction valued in excess of US$2.2 billion (Cdn.$3.1
billion). The agreement also includes options on an additional
396 CRJ* aircraft.
The transaction was announced on March 29, 2000 when Bombardier
Aerospace, Comair and ASA signed letters of intent covering 94
firm CRJ aircraft plus 406 options.
The number of firm orders was increased by 10 prior to completing
the agreements.
Comair and ASA will accept delivery of the 104 firm aircraft
between December 2000 and November 2004. The order includes 25
70-seat CRJ700 aircraft and 79 CRJ100 and CRJ200 aircraft with a
mix of 40, 44 and 50 seats. The airlines have option rights for a
mix of CRJ100, CRJ200 and CRJ700 series aircraft with delivery
dates stretching out to 2010.
ASA and Comair combined now have firm orders for 291 Bombardier
CRJ aircraft, 132 of which have been delivered. This includes 24
CRJ100 and CRJ200 aircraft and 32 CRJ700 aircraft from previous
orders.
Delta Connection, Inc., a wholly owned subsidiary of Delta Air
Lines, manages the Delta Connection carrier program. Delta
Connection carriers include wholly owned subsidiaries Comair and
ASA, and additional regional carriers Atlantic Coast Jet, SkyWest
and Trans States. The Delta Connection carriers operate 155
regional jets, the largest fleet of regional jets in service
today.
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.
Bombardier Inc., a diversified manufacturing and service company,
is a world leading manufacturer of business jets, regional
aircraft, rail transportation equipment and motorized recreational
products. It is also a provider of financial services and asset
management. The Corporation employs 56,000 people 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 Jan. 31, 2000, totalled Cdn.$13.6
billion.
* Trademark of Bombardier Inc.
Note to Editors: Caption for photograph on Bombardier Aerospace
website:
Michael Graff, president and chief operating officer, Bombardier
Aerospace; Mel Fauscett, general manager, aircraft acquisition,
Delta Connection; Steve Ridolfi, president, regional aircraft,
Bombardier Aerospace, at the ceremonial signing of the largest
ever regional aircraft order. |
