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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 (948)11/19/2001 7:28:11 PM
From: John BOYCE  Respond to of 1177
 
lot of bashing of BBD.B on Stockhouse, but I think the stock will go higher for the following reasons. The company is coming out with Q earnings after the bell tomorrow with estimates of .18 per share compared to .16. After the bell today, they announced a $66M Cdn purchase of 3 of their aircraft. On 22 November, company is hoping to work out compromise with Brazilian counterpart. More important they were mentioned in Barron's report over the weekend as leading company. Add the tech bounce to the markets lately and that is why stock is moving positively. The only thing that might slow it down this week is the US holiday, Tuesday will be last big trading day as US markets closed Thursday and 1PM Friday. Stock has huge short position but at these levels, still think there is upside potential. Take care John B.



To: Gilbert Drapeau who wrote (948)11/19/2001 7:43:25 PM
From: Gilbert Drapeau  Read Replies (1) | Respond to of 1177
 
Bombardier Sells Three Q300 Airliners to Australia's
Qantas Airways

TORONTO, ONTARIO--NOVEMBER 19, 2001 - 15:59 EST
Bombardier Aerospace today announced the sale of
three 50-passenger Bombardier Q300* turboprop airliners to
Australia's Qantas Airways.

The announcement includes a previously unannounced order for one
Bombardier Q300 placed by Qantas in July, and a further order for
two aircraft placed in November. Value of the three aircraft
order is $61.4 million Cdn ($43.9 million U.S.).

"We are delighted that Qantas has demonstrated a further
commitment to our products with this order for Bombardier Q300
aircraft," said Steven A. Ridolfi, president, Bombardier Regional
Aircraft. "We look forward to being a part of Qantas' prosperous
future."

"The addition of these Bombardier Q300 aircraft gives us improved
flexibility to increase capacity within our expanding regional
network," said Narendra Kumar, Qantas Executive General Manager
Subsidiary Businesses. "The new Bombardier Q300 aircraft will be
operated by our regional airline unit, QantasLink."

Once the new aircraft are delivered, Qantas will have 29
Bombardier turboprop aircraft, including nine new Q* Series and 20
original Dash 8(R) airliner versions.

Bombardier Q Series aircraft, introduced in 1996, are equipped
with the proprietary Noise and Vibration Suppression (NVS) system
that significantly reduces passenger cabin noise and vibration.

The worldwide Bombardier Q Series Dash 8 and fleet totals more
than 620 delivered aircraft. That fleet has flown well in excess
of 10 million hours and three billion miles while transporting
more than 300 million passengers. As a measure of reliability,
the economic life of a Bombardier Dash 8 is approximately 80,000
flight hours or 160,000 flight cycles - more than double the
economic life of any competitive aircraft.

Today's Bombardier Q Series product line includes the 37- to
39-seat Q100* and Q200*, 50- to 56-seat Q300 and 68- to
78-passenger Q400*.

Bombardier ranks as the third largest civil aircraft manufacturer
and leading regional aircraft supplier in the world. The
company's combined orderbook for Bombardier Q Series Dash 8 and
its pioneering CRJ* Series family of regional jets exceeds the
1,850 mark for aircraft delivered and on firm order.

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 and its revenues for its
fiscal year ended Jan. 31, 2001 totalled $16.1 billion Cdn.

(R)Registered Trademarks of Bombardier Inc.

*Trademarks of Bombardier Inc.