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Gold/Mining/Energy : Bombardier, maker of planes and trains and other things

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To: Gilbert Drapeau who wrote (999)6/4/2002 5:40:43 PM
From: Gilbert Drapeau  Read Replies (2) of 1177
 
Bombardier Aerospace Signs Atlantic Coast
Airlines for 25 CRJ200 Aircraft

TORONTO, ONTARIO--JUNE 4, 2002 - 16:49 EDTBombardier Aerospace announced today that
Atlantic Coast Airlines (ACA) of Dulles, Virginia has signed a
firm order for 25 Bombardier CRJ200* regional jets to be flown
under the United Express banner.

The transaction is valued at US$571.5 million ($868.7 million
Cdn.). The aircraft are scheduled for delivery during 2003 and
2004.

The order announced today is the 10th order for Bombardier CRJ*
aircraft to be placed by ACA since the airline's initial order in
January 1997 and will increase the airline's CRJ fleet to 121
aircraft. Sixty-two of the aircraft have been delivered and are
flown on behalf of United Express.

ACA Chairman and Chief Executive Officer Kerry Skeen said, "The
Bombardier CRJ has been vital to the continued growth of ACA since
we began flying it in 1997. It is also a major element in the
relationship with our partners at United Airlines, as we help
create greater access to the worldwide United route network with
additional regional jet flights from their hubs at Chicago O'Hare
and Washington Dulles."

"This further commitment by Atlantic Coast Airlines is significant
in that it is clear evidence that the industry's general
conditions are improving," said John Giraudy, president,
Bombardier Regional Aircraft. "This order also reflects the
strength and success of the Bombardier CRJ program and affirms the
continuing market demand for the aircraft," Mr. Giraudy added.

Total firm orders for the Bombardier CRJ family of regional jets
now stand at 1,208 aircraft, further solidifying its status as the
best-selling regional aircraft program in history. The program
total includes 982 Bombardier CRJ100*/200/440*, 196 70-seat
CRJ700* and 30 86-seat CRJ900* aircraft

Bombardier Aerospace, a unit of Bombardier Inc., is a world leader
in the design, and manufacture of innovative aviation products and
services for the regional, business and amphibious aircraft
markets. It also offers Bombardier Flexjet(R) fractional
ownership, aircraft charter and management, technical services,
aircraft maintenance and pilot training for business, regional
airline and military customers.

Bombardier Inc., a diversified manufacturing and services company,
is a world leading manufacturer of business jets, regional
aircraft, rail transportation equipment and motorized recreational
products. It also provides financial services and asset
management in business areas aligned with its core expertise.
Headquartered in Montreal, Canada, the Corporation has a workforce
of some 80,000 people in 24 countries throughout the Americas,
Europe and Asia-Pacific. Its revenues for the fiscal year ended
Jan. 31, 2002 stood at $21.6 billion Cdn. Bombardier trades on the
Toronto, Brussels and Frankfurt stock exchanges (BBD, BOM and
BBDd.F).

(R) Registered trademarks of Bombardier Inc.

* Trademarks of Bombardier Inc.

Note to Editors:

Image of the ACA Bombardier CRJ200 is available on our Web site
photo gallery at: www.aero.bombardier.com/htmen/F15.jsp
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