To: Gilbert Drapeau who wrote (669 ) 10/20/1999 11:33:00 AM From: Gilbert Drapeau Read Replies (3) | Respond to of 1177
BOMBARDIER SIGNS FOLLOW-ON ORDER FOR THREE CRJ200 JETS WITH ATLANTIC COAST AIRLINES OCTOBER 20, 1999 TORONTO, ONTARIO--Bombardier Aerospace has signed a contract with Dulles, Virginia-based Atlantic Coast Airlines Holdings, Inc. (ACAI) for three additional CRJ200* regional jets valued at approximately US $65 million (Cdn $97 million). Atlantic Coast's latest CRJ aircraft bring the airline's commitments to 66 firm orders for the type including 26 orders placed during this calendar year. The company has taken delivery of 21 50-seat CRJ regional jets from Bombardier. "Since Atlantic Coast announced its first purchase of CRJ aircraft in January 1997, it has continually increased its fleet commitment to the product and is positioned to become the second largest operator of the aircraft type in the world," said Steven A. Ridolfi, president, Bombardier Aerospace, Regional Aircraft. "We are very proud of the role the CRJ continues to play in the growing success of Atlantic Coast's business," he said. Bombardier Aerospace, a unit of Bombardier Inc., is the world's third largest civil aircraft manufacturer with operations in three countries. Leading the 20- to 70-passenger regional carrier market, Bombardier Aerospace offers complete families of turboprop and regional jet aircraft. It has the industry's widest range of business jets, offering both full and fractional ownership, and also produces firefighting/maritime mission aircraft. It provides technical services, aircraft maintenance and pilot training to business, regional airline and military customers. Bombardier Inc. is a Canadian corporation active in the fields of aerospace, rail transportation equipment, recreational products, financial services and services related to its products and core businesses. It operates plants in 12 countries in North America, Europe and Asia, and more than 90 per cent of its revenues are generated outside Canada. Bombardier's revenues for its fiscal year ended January 31, 1999, totalled Cdn $11.5 billion.