Bombardier Signs CRJ Agreement With Atlantic Coast Airlines Holdings, Inc.
BBD.A -- 2000-08-07 (provided courtesy of CCN Disclosure .)
TORONTO, ONTARIO--Bombardier Aerospace today announced an
agreement for three firm and 27 conditional 50-passenger CRJ
Series 200 aircraft with Dulles, Virginia-based Atlantic Coast
Airlines Holdings, Inc. Value of the three firm aircraft deal is
estimated at approximately U.S.$66 million (Cdn.$92 million).
Atlantic Coast initially ordered 12 firm and 36 optioned CRJ200*
aircraft from Bombardier in January 1997 and has since constantly
expanded its commitment to the aircraft type. Excluding today's
agreement, Atlantic Coast has ordered a total of 66 CRJ200
aircraft, 30 of which are delivered and in service.
Bombardier Aerospace, a unit of Bombardier Inc., is the leading
regional, business 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 regional airline, business and military customers.
Bombardier Inc., a diversified manufacturing and service company,
is a world leading manufacturer of regional aircraft, business
jets, 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. |
