Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Gilbert Drapeau who wrote (909)	6/19/2001 10:39:41 AM
From: Gilbert Drapeau	Respond to of 1177

Alain Prost Gives Bombardier Business Jets a Chequered Flag LE BOURGET, PARIS, FRANCE-- JUNE 19, 2001 - 10:25 EDT Alain Prost latest customer to join in Bombardier Flexjet fractional ownership Prost Grand Prix team owner, Alain Prost, today became the latest highflyer to join the Bombardier Flexjet(R) fractional ownership program. At a brief ceremony today at the Paris Air Show, Mr. Prost signed an agreement for a 1/16-share of the high performance Bombardier Learjet 31A business jet. Mr. Prost will benefit from 24-hours-a-day-7-days-a-week access to a range of the latest Bombardier business jets, giving him the flexibility to fly anytime, virtually from anywhere to everywhere in Europe, and beyond. The Flexjet Europe programme works by giving its customers the option to purchase a number of flying hours per year on a range of Bombardier Aerospace aircraft, depending on their needs. These jets include the Bombardier Learjet(R) 31A, Learjet 60, and the Challenger(R). All aircraft are manufactured, maintained, operated and managed by qualified Bombardier Aerospace staff - giving customers complete peace of mind. Mr. Prost selected the Flexjet Europe programme as it gives him the flexibility to fly quickly and cost-effectively throughout Europe, often to and from areas not serviced by a commercial airport. From the Prost Grand Prix headquarters on the outskirts of Paris, to his home and office in Geneva, to F1 manufacturing facilities across the region and, of course, the F1 races - Flexjet Europe guarantees aircraft availability. "It makes good business sense," said Mr. Prost. "The combination of increasing commercial airline delays and inconvenient connections to locations often only served once a day, wastes precious time and money. Being able to fly directly to/from local airfields or major international airports allows us to get on with the business of becoming more competitive in the fast-paced world of Formula 1." Bombardier Aerospace, a unit of Bombardier Inc., is a world leader in the design, and manufacture of innovative aviation products and services for the regional, business and amphibious aircraft markets. It also offers Bombardier Flexjet 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 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 79,000 people in 24 countries in the Americas, Europe and Asia-Pacific. Bombardier's revenues for its fiscal year ended Jan. 31, 2001 totalled $16.1 billion and more than 90% were generated outside Canada. (R) Registered trademarks of Bombardier Inc.

To: Gilbert Drapeau who wrote (909)	6/19/2001 1:43:55 PM
From: Gilbert Drapeau	Read Replies (1) \| Respond to of 1177

Bombardier Aerospace Announces Sale of Five Continental Business Jets LE BOURGET, PARIS, FRANCE--JUNE 19, 2001 - 12:26 EDT Bombardier Aerospace announced today the sale of five all-new Bombardier Continental* business jet aircraft to TAG Aeronautics, the exclusive representative and distributor for Bombardier widebody aircraft in 22 Middle East and Arab countries. The value of the order is approximately U.S.$75 million, (Cdn.$114.15 million) and the first aircraft are scheduled to enter service in early 2004. "We are delighted by this purchase agreement since it further strengthens Bombardier's growing presence in the Middle East and compliments the five Continental business jets already sold in the region," stated Peter Edwards, executive vice-president, sales, Bombardier Business Aircraft. "The Continental is an exceptional aircraft and is well-suited for travel in the Middle East," stated Benoit Kerub, president, TAG Aeronautics. "It features a large cabin and provides excellent high cruise speed without compromising airfield capability." Middle East city pairs linked non-stop by the Bombardier Continental business jet include Abu Dhabi-Rome, Jeddah-London and Riyadh-Paris. "Thanks to the ongoing strong support of TAG Aeronautics - who have been instrumental in shaping the corporate aviation market in the Middle East - this region has been a strong market for Bombardier business aircraft in recent years and offers excellent growth potential," added Mr. Edwards. TAG Aeronautics has been closely involved with Bombardier's sales success since 1977. Through the years, the association between the two corporations has grown stronger, leading to the delivery of over 70 aircraft. Designed to deliver best-of-class value in the emerging super-midsize business jet category, the Bombardier Continental business jet provides a cost-effective step-up for current light jet operators as well as for operators constrained by their current midsize aircraft. It offers true transcontinental range and superior long-range cruise speed, combined with a full eight-passenger cabin and operating cost equivalent to or better than current midsize jets, all at a best-in-class price. The Bombardier Continental has enjoyed one of the strongest introductions in corporate aviation history, as operators recognize its value and versatility. As with previous aircraft development programs, Bombardier has teamed with international risk-sharing participants to undertake the design and production of critical components and aircraft systems. TAG Aeronautics, a subsidiary of the TAG Group S.A., is an exclusive representative and distributor in 22 Middle East and Arab countries for the Bombardier Continental, Bombardier Challenger(R) 604, Canadair Special Edition, Global Express(R), the Canadair Regional Jet(R) and the new CRJ Series 700 airliner. Bombardier Aerospace, a unit of Bombardier Inc., is a world leader in the design, and manufacture of innovative aviation products and 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 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 79,000 people in 24 countries in the Americas, Europe and Asia-Pacific. Bombardier's revenues for its fiscal year ended Jan. 31, 2001 totalled $16.1 billion and more than 90% were generated outside Canada. (R)Registered trademarks of Bombardier Inc. *Trademarks of Bombardier Inc.