Bombardier Finalizes Sale of up to 80 CRJ Aircraft With Mesa Air Group: Mesa Becomes North American Launch Customer for CRJ900
TORONTO, ONTARIO--MAY 22, 2001 - 16:47 EDT Bombardier Aerospace today announced it has finalized a sale with Phoenix-based Mesa Air Group for up to 80 Bombardier CRJ* regional jet aircraft, confirming a letter of intent announced earlier this spring.
The deal calls for the U.S. regional carrier to purchase 20 70-seat CRJ700* and 20 86-seat CRJ900* aircraft plus 40 options. The firm aircraft portion of the transaction is worth approximately U.S.$1.2 billion (Cdn.$1.9 billion). Deliveries of the firm aircraft will begin in the first quarter of 2002 for the CRJ700 and the first quarter of 2003 for the CRJ900.
"We are delighted to become the North American launch customer for the CRJ900 aircraft," said Jonathan Ornstein, chairman and chief executive officer of Mesa Air Group when he initially announced his airline's intention to order CRJ aircraft in March of this year. "We believe that the new aircraft will precisely match the blended operating, financial and performance needs of both America West and Mesa. This reaffirms our commitment to Bombardier and its family of regional aircraft," he said.
Mesa intends to operate the aircraft on behalf of America West Airlines under a recently concluded long-term code sharing agreement.
Mesa's contract will make it the first airline to fly all three variants of Bombardier's CRJ product line.
Bombardier's CRJ orderbook now totals 2,230 aircraft - 510 delivered, 590 on firm order backlog and 1,130 conditional orders and options.
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 79,000 people in 23 countries in the Americas, Europe and Asia-Pacific. Bombardier's revenues for its fiscal year ended Jan. 31, 2001 totalled $16.1 billion and more than 90% were generated outside Canada.
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* Trademarks of Bombardier Inc. |