Bombardier Signs Contract with Air Wisconsin for Six More CRJ200 Regional Jets
TORONTO, ONTARIO--DECEMBER 2, 2002 - 12:33 EST Bombardier Aerospace announced today that Air Wisconsin has placed a firm order for six additional 50-passenger Bombardier CRJ200* regional jet aircraft as a result of its recently inaugurated code share relationship with AirTran Airways.
The transaction, valued at $140 million U.S. ($213 million Cdn.), represents the conversion of six of the 26 conditional orders currently held by Appleton, Wisconsin-based Air Wisconsin. It increases the airline's firm orders to 64, of which 27 aircraft have been delivered. Air Wisconsin retains 20 conditional orders, and 75 options on Bombardier CRJ* aircraft.
Air Wisconsin's Bombardier CRJ200 aircraft serve United Airlines hubs at Denver, Chicago, Washington and Los Angeles under the United Express banner and, the AirTran Airways hub at Atlanta as AirTran JetConnect.
"The Bombardier CRJ gives us the performance necessary to operate effectively and economically in the challenging hot and high altitude environment at Denver as well as the complex air traffic environments at Chicago O'Hare and Atlanta Hartsfield International Airports," said Geoff Crowley, chairman and CEO, Air Wisconsin. "Our passengers appreciate the speed and comfort of the aircraft on our increasingly longer stage lengths."
"This order confirms Air Wisconsin's continuing confidence in the Bombardier CRJ," said John Giraudy, president, Bombardier Regional Aircraft. "The Bombardier CRJ has helped propel Air Wisconsin into the top ranks of regional airlines in the U.S."
"Larger airlines are continuing to turn to their regional partners for profitable service in many markets. Air Wisconsin's agreement with AirTran Airways now extends Bombardier CRJ service to the networks of low-fare carriers for the first time," he added.
Air Wisconsin flies more than four million passengers a year from 50 cities in 22 U.S. states and two Canadian provinces.
The Bombardier CRJ200 is a member of Bombardier's best-selling family of regional jets that also includes the 70-passenger CRJ700* and the recently certified 86-passenger CRJ900* that will enter revenue service early in 2003. The Bombardier CRJ family has now gathered 1215 firm orders, with 771 delivered as of Nov. 28, 2002.
Bombardier Aerospace, a unit of Bombardier Inc., is a world leader in the design, and manufacture of innovative aviation products and provides 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).
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