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Gold/Mining/Energy : Bombardier, maker of planes and trains and other things -- Ignore unavailable to you. Want to Upgrade?

To: Gilbert Drapeau who wrote (705)	1/21/2000 3:11:00 PM
From: Gilbert Drapeau	Read Replies (1) \| Respond to of 1177

BOMBARDIER ADDS NEW CUSTOMER IN JAPAN WITH CRJ SALE TO JAL'S DOMESTIC ROUTE CARRIER, J-AIR JANUARY 21, 2000 TORONTO, ONTARIO--Bombardier Aerospace has made further inroads to the Japanese airline industry with the sale of two 50-passenger CRJ200* Series regional jets to Japan Airlines' domestic route carrier, J-Air. J-Air, a new customer for Bombardier in Japan, holds options on an additional three CRJ* aircraft. JAL is the country's largest airline. J-Air, its wholly-owned subsidiary, is based in Hiroshima and provides domestic services in southwest Japan. J-Air currently operates five 19-seat turboprops that have become too small because of growing load factors on the airline's route system. The CRJ will give J-Air more efficient, high-speed aircraft to provide additional frequencies for more profit potential. J-Air will use its CRJ200 aircraft to serve routes where passenger load factors do not meet the capacity of its larger jet aircraft. As well, J-Air will open new routes with its CRJ200 Series aircraft. "Strategically, this is an extremely important sale for us," said Steven A. Ridolfi, president of Bombardier Aerospace, Regional Aircraft. "We have seen tremendous success in the North American and European markets with the Canadair Regional Jet(r) while our market forecast points to an increasingly important market in the Asia-Pacific region - most notably in Japan." Bombardier's regional aircraft, both Q* Series turboprops and CRJ Series jets, are now on order or in service with six operators in Japan. Those six airlines have ordered and optioned a total of 21 aircraft comprised of 12 Q Series turboprops and nine CRJ jets. 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 and financial services. 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. (r) Registered trademark of Bombardier Inc. * Trademarks of Bombardier Inc.