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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 (1145)2/6/2004 7:04:04 PM
From: Gilbert Drapeau  Read Replies (2) of 1177
 
Bombardier Learjet 40 Business Jet Enters Service on
Schedule: Five Aircraft Delivered in January

MONTREAL, QUEBEC--FEBRUARY 6, 2004 - 14:11 ET
Bombardier Aerospace has marked an important
milestone in corporate aviation with the delivery of five
completed Bombardier Learjet 40(i) light business jets to
operators in North America and Europe.

Two Bombardier Learjet 40 aircraft were delivered to U.S.-based
traditional operators, two entered service with Bombardier's
Flexjet fractional ownership program, and one aircraft was
delivered to a traditional operator based in Germany. All five
jets were delivered in January - the first of a new aircraft type
purposely designed to continue Learjet's 40-year tradition of
leadership in light corporate jets.

"This new aircraft combines legendary Learjet performance with
exceptional comfort, value, and versatility," observed Peter
Edwards, president, Bombardier Business Aircraft. "In every
regard, it is poised to become today's premium light jet."

The new Bombardier Learjet 40 can operate at altitudes up to
51,000 feet (15,545 m). With full fuel and a maximum payload, it
can fly up to 1,762 nautical miles (3,263 km), and will lead its
class in payload-range capability for all missions with payloads
greater than 1,000 pounds (454 kg). The new jet's 363-cubic-feet
cabin (10.28-cu-m) is at least 20 per cent larger than the
competition.

Bombardier Aerospace introduced the Learjet 40 at the 2002
Farnborough Air Show. Based on the proven Learjet 45 platform, of
which there are currently some 235 jets in service worldwide, the
Learjet 40 shares all major systems and benefits with its
pioneering parent. It received type certification from the United
States Federal Aviation Administration (FAA) on July 11, 2003 and
from the European Joint Aviation Authorities (JAA) on January 9,
2004.

Second new Bombardier jet entering service

The Learjet 40 is the second new Bombardier business jet to enter
service in January.

The first Bombardier Challenger 300(i) super midsize business jet
began operating in the Bombardier Flexjet fractional ownership
program in January. "This is an exciting period at Bombardier
Aerospace. Delivering both the Bombardier Challenger 300 and
Learjet 40 in such quick succession is a great achievement for
our employees and our company," observed Mr. Edwards.

About Bombardier

A world-leading manufacturer of innovative transportation
solutions, from regional aircraft and business jets to rail
transportation equipment, Bombardier Inc. is a global corporation
headquartered in Canada. Its revenues for the fiscal year ended
Jan. 31, 2003 were $21.2 billion Cdn and its shares are traded on
the Toronto, Brussels and Frankfurt stock exchanges (BBD, BOM and
BBDd.F). News and information are available at
www.bombardier.com.

N.B. Fiscal year 2002-03 revenues have been restated following
the sale of the recreational products business.

(i) Trademarks of Bombardier Inc. or its subsidiaries.

A photo is available on CCN Matthews' website at the following
address: www2.cdn-news.com/database/fax/2000/bbd0206.jpg
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