Bombardier, Lufthansa CityLine Announce Deal for 10 More
CRJ700 Series Regional Jets
TORONTO, ONTARIO--SEPTEMBER 21, 2000 - 12:58 EDT
Bombardier Aerospace has completed negotiations
with Lufthansa CityLine for the sale of 10 additional CRJ700*
Series regional jets, increasing the German airline's total firm
orders for the 70-seat aircraft to 20. Lufthansa CityLine is also
considering options for an additional 10 CRJ700 aircraft.
Deliveries of the CRJ700 to Lufthansa CityLine will begin in the
first quarter of 2001.
"The CRJ has become increasingly important to us, establishing new
nonstop connections between less frequented German destinations
and major European cities, and entering new markets," said
Karl-Heinz Köpfle, managing director of Lufthansa CityLine. "Our
CRJ700 regional jets will allow us to increase capacity, with a
common aircraft on routes developed by our 50-seat CRJ aircraft."
"We are proud that Lufthansa CityLine, the regional airline within
the Lufthansa Group, with its reputation for technical and
operational excellence, has demonstrated confidence in our 70-seat
regional jet program by placing this follow-on order before
delivery of its first CRJ700," said Steven A. Ridolfi, president
of Bombardier Aerospace, Regional Aircraft.
"Today's announcement brings total firm orders and options for the
CRJ700 Series to 471. The CRJ family is enjoying remarkable
success with orders and options for the 50-seat CRJ Series
100/200, 70-seat CRJ700 and 86-seat CRJ900 combined totaling 1,760
aircraft," added Mr. Ridolfi.
Lufthansa CityLine placed its initial order for 10 CRJ700 Series
aircraft plus 10 options in September, 1998. The transaction
announced today represents the conversion of those options to firm
orders.
Lufthansa's wholly-owned subsidiary, Lufthansa CityLine, was the
launch customer for the Canadair Regional Jet and became the first
airline to operate the aircraft, in the fall of 1992. With
today's announcement, Lufthansa has placed firm orders for 65 CRJ
aircraft: 20 CRJ700 Series and 45 CRJ100* Series. Today, 38 CRJ
aircraft connect nearly 50 European cities.
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. |
