Bombardier Sells CRJ200 Regional Jets to China Yunnan
Airlines
TORONTO, ONTARIO--FEBRUARY 19, 2001 - 11:01 EST
Bombardier Aerospace has confirmed today China
Yunnan Airlines of Kunming, People's Republic of China, has placed
a firm order for eight 50-seat CRJ200(TM) Series regional jets.
The contract is valued at an estimated U.S.$184 million (Cdn.$280
million). Deliveries are scheduled between Oct. 2001 and Dec.
2002.
Bombardier announced the sale Friday during a Team Canada trade
delegation visit to China of senior Canadian political leaders and
business executives, including Robert E. Brown, president and
chief executive officer of Bombardier Inc.
Including the four Challenger(R) 604 with Shandong Airlines
Rainbow Jet Co. Ltd. awarded in Beijing, total Bombardier sale
during the Team Canada trade mission amount to US$238 million
(Cdn.$360 million). This sale reinforces Bombardier's leadership
position in China's rapidly growing regional aircraft market with
a total of 25 regional aircraft ordered and to be delivered across
six airlines.
"We are delighted that more and more Chinese airlines are
selecting our products to meet their requirements," said Mr.
Brown. "We have been aggressive in promoting our regional jet and
turboprop aircraft in China, one of the world's fastest growing
markets, and we are gratified that Chinese airlines recognize
their economies, efficiencies and reliability," he said.
Currently, 14 Bombardier regional aircraft products are in service
in China - nine CRJ200 and five Dash 8(R) Q Series turboprop
airliners including two new 70-seat Q400(TM) models delivered late
last year.
The airline, established in 1992, operates both domestic and
international routes with a fleet of 20 737 and 767 aircraft.
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(R) 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.
(R) Registered trademark of Bombardier Inc.
(TM) Trademark of Bombardier Inc. |
