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

To: xtahce who wrote (883)	4/16/2001 7:33:14 PM
From: Gilbert Drapeau	Read Replies (1) \| Respond to of 1177

Bombardier Announces CRJ Production Rate Increase to 14.5 Monthly in Fiscal Year 2003 MONTREAL, QUEBEC--APRIL 16, 2001 - 10:42 EDT On the strength of new orders and a large backlog of 551 aircraft, Bombardier Aerospace today announced a production rate increase to 14.5 aircraft per month from its current rate of 12.5 for its pioneering 50-seat CRJ* regional jet. The 14.5 aircraft per month rate will be reached during Bombardier's 2003 fiscal year and, for that year, Bombardier targets 165 aircraft deliveries and 174 for the following year. During its current 2002 fiscal year, Bombardier plans 135 50-seat CRJ aircraft deliveries. Since Jan. 1, 2001, Bombardier Aerospace has signed commitments for 96 firm, 53 conditional and 144 optioned CRJ100/200* aircraft. These firm commitments have come from Skywest Airlines (35) and Air Wisconsin Airlines (51) in the United States, Air Dolomiti (3) in Europe, Cameroon Airlines (1) in Africa and China Yunnan Airlines (6) in China. "In light of our commercial success, the rate increase will allow us to better supply our customers," said Michael Graff, president and chief operating officer, Bombardier Aerospace. "The move will add up to 1,000 people to Bombardier Aerospace in Montreal," he added. The bulk of the 1,000 new jobs will be at Bombardier's Dorval production site. Sufficient space to accommodate the production rate increase is available at the facility since 70-seat CRJ700* and 86-seat CRJ900* fabrication will take place at Bombardier's new Mirabel facility. "Accelerating market demand for the CRJ family has been quite remarkable since the product type first entered revenue service in late 1992," said Mr. Graff. "To date, we have over 2,100 deliveries, orders and options for the 50-, 70- and 86-seat models of the CRJ - about 75 per cent of those commitments for the Series 100/200 versions. Bombardier Aerospace, a unit of Bombardier Inc., is the leading business, regional and amphibious aircraft manufacturer. With full design and production capabilities in three countries, it offers the most comprehensive families of turboprop and regional jet aircraft and the widest range of business jets. It also provides the Flexjet(R) fractional business aircraft ownership program, technical services, aircraft maintenance and pilot training for business, regional airline and military customers. Bombardier Inc., a diversified manufacturing and service company, is a world leading manufacturer of business jets, regional aircraft, rail transportation equipment and motorized recreational products. It is also a provider of financial services and asset management. The Corporation employs 58,000 people in 12 countries in North America, Europe and Asia, and more than 90% of its revenues are generated outside Canada. Bombardier's revenues for its fiscal year ended Jan. 31, 2001 totalled $16.1 billion. (R) Registered trademark of Bombardier Inc.

To: xtahce who wrote (883)	4/17/2001 10:39:58 AM
From: Gilbert Drapeau	Read Replies (1) \| Respond to of 1177

Bombardier Receives an Order for TALENT Multiple Units From the Austrian Federal Railways MONTREAL, QUEBEC--APRIL 17, 2001 - 10:16 EDT Bombardier Transportation and ELIN EBG Traction were awarded a contract by the Austrian Federal Railways (OBB) for the development and supply of 40 four-car electrical multiple units (EMU) for suburban traffic and 11 three-car electrical multiple units for regional traffic. The contract is valued at approximately Cdn$231 million (166 million Euro). It represents the conversion of the first option of the framework contracts signed for these vehicle types in August 2000. Development, production and commissioning of the mechanical portion will be done by Bombardier Transportation in Germany and Austria. ELIN EBG Traction, Vienna, will be responsible for the electrical equipment. The delivery of the vehicles will begin in summer 2003. Modern industrial design, a spacious vehicle interior, air-conditioning and multi-purpose areas for prams, wheelchairs or bicycles make the TALENT attractive for all passengers and caters to their needs. Low-floor entrance at only 590 mm allows quick boarding and alighting. The four-car units, which are 67 m long, can accommodate about 200 seated passengers and will be running mainly on the Vienna rapid transit network. They will replace the type 4020 trains built in the 1960s. The three-car EMUs for regional services are 52 m long and offer 150 seats. They will be in service on regional networks in different Austrian regions. Since 1998, TALENT-type trains have successfully run in revenue service. Including this contract, some 260 TALENT multiple units have been ordered up to now by different operators in Germany, Norway and Austria. Bombardier Transportation, a world leader in the manufacturing of passenger rail cars, offers a full range of urban, suburban and intercity vehicles as well as complete rail transit systems worldwide. It also manufactures freight cars and provides operations and maintenance services. Bombardier Inc., a diversified manufacturing and service company, is a world leading manufacturer of business jets, regional aircraft, rail transportation equipment and motorized recreational products. It is also a provider of financial services and asset management. The Corporation employs 58,000 people in 12 countries in North America, Europe and Asia, and more than 90% of its revenues are generated outside Canada. Bombardier's revenues for its fiscal year ended Jan. 31, 2001 totalled Cdn$16.1 billion. PHOTO AVAILABLE VIA OUR WEBSITE