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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 (911)	6/22/2001 11:45:46 AM
From: Gilbert Drapeau	Read Replies (1) \| Respond to of 1177

Bombardier Aerospace: More Than U.S.$1.9 Billion in Deals Confirm Strong Showing for Bombardier Aerospace at the 44th Paris Air Show PARIS, FRANCE--JUNE 22, 2001 - 10:54 EDT As the 44th Paris Air Show draws to a close, Bombardier Aerospace has claimed success on all fronts as significant orders and multiple announcements have highlighted the world's largest aerospace trade show. Deals worth a total of more than U.S.$1.9 billion (Cdn.$2.9 billion) were signed with new and existing customers. For Bombardier, the show demonstrated the strength of its industry leading products and services as virtually all elements of the business, covering all corners of the globe participated in sales and product announcements. "The strength and depth of our product lines have allowed us to compete and win on the world stage at the Paris Air Show," stated Michael Graff, president and chief operating officer, Bombardier Aerospace. "Our innovative products and services continue to support our position as the leading business and regional aircraft manufacturer in the world." The following recaps the announcements made this week. Full releases are available on-line at www.aero.bombardier.com. /T/ Sales and Agreements * Bombardier Regional Aircraft - Memorandum of Understanding (MOU) with Deutsche Structured Finance 30 firm Bombardier CRJ700s and 20 firm Bombardier CRJ900s as well as 30 optioned aircraft - U.S.$1.5 billion (Cdn.$2.25 billion) * Bombardier Regional Aircraft - sale of two Bombardier Q400* high- speed turboprops to Austria's Tyrolean Airways - U.S.$38 million (Cdn.$57 million) * Bombardier Business Aircraft - a total of 17 business jets were sold including Bombardier Global Express(R), Challenger(R) 604, Continental, Learjet(R) 60 and several Flexjet(R) Europe fractional ownership sales. These transactions, which represent a total value of U.S.$321 million (Cdn.$489 million), were highlighted by the sale of five Bombardier Continental jets to TAG Aeronautics and Alain Prost's fractional acquisition of a Bombardier Learjet 31A. Bombardier Defense Services signs U.S.$42 million (Cdn.$63 million) F/A 18 service contract with Boeing. System and Customer Enhancements * Bombardier to obtain Q400 Certification for operations at London City Airport * Bombardier increases maximum take-off weight of Bombardier Learjet 45 * Bombardier establishes factory service capability in Dubai * Bombardier market-testing viability of Asian Business Charter network Product Showcasing * Five Bombardier business jets break 8 aviation records on journey to Paris * Bombardier CRJ900 makes international debut - 11 months after program launch announcement /T/ 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. * Trademarks of Bombardier Inc.