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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 (1006)	6/18/2002 9:51:49 AM
From: Gilbert Drapeau	Respond to of 1177

Bombardier Decides not to Proceed Further With Fairchild Dornier MONTREAL, QUEBEC--JUNE 18, 2002 - 08:40 EDT Bombardier announced today that its technical, commercial and financial review of Fairchild Dornier's 728/928 aircraft programs is now completed. Bombardier's conclusion is not to proceed any further. Bombardier appreciated the professionalism, support and responsiveness shown by the German government and the Bavarian authorities as well as by Fairchild Dornier's management and employees. In addition to its technical analysis, Bombardier undertook detailed discussions with customers, suppliers and related stakeholders over a five-week period. However, these discussions did not achieve the results required for these programs to meet Bombardier's investments standards. Bombardier Inc., a diversified manufacturing and services company, is a world leading manufacturer of business jets, regional aircraft, rail transportation equipment and motorized recreational products. It also provides financial services and asset management in business areas aligned with its core expertise. Headquartered in Montreal, Canada, the Corporation has a workforce of some 80,000 people in 24 countries throughout the Americas, Europe and Asia-Pacific. Its revenues for the fiscal year ended Jan. 31, 2002 stood at $21.6 billion Cdn. Bombardier shares are traded on the Toronto, Brussels and Frankfurt stock exchanges (BBD, BOM and BBDd.F).

To: Gilbert Drapeau who wrote (1006)	6/20/2002 11:06:34 AM
From: Gilbert Drapeau	Read Replies (1) \| Respond to of 1177

Bombardier Receives a $117-Million Order for a Light Rail Transit System in Turkey MONTREAL, QUEBEC--JUNE 20, 2002 - 10:07 EDT A consortium comprised of Bombardier Transportation and engineering group Yapi Merkezi of Turkey has been awarded a contract by the Eskisehir Greater City Municipality to supply a 14.2-km light rail transit system, including one year of operations and maintenance support, for the City of Eskisehir, Turkey. Bombardier's share of the $187 million Cdn ($121 million US) project is valued at some $117 million Cdn ($76 US). Start of service is anticipated early in 2004. Bombardier Transportation's facility in Vasteras, Sweden, will be responsible for the design, supply and installation of the turnkey system, including power supply, communications, traffic light and switch control systems, as well as operations and maintenance. Bombardier will also supply 18 100% low-floor light rail vehicles, to be manufactured at its site in Vienna, Austria. The new tram for Eskisehir will be based on the proven technology of the Cityrunner street-tram, which is currently being supplied to the cities of Linz, Austria and Lodz, Poland. Yapi Merkezi will be responsible for construction of the double-track tramway, including the 24 stations/tram stops, depot building and yard. The network is designed to handle around 170,000 passengers per day. Patrice Pelletier, President of Bombardier Transportation's Total Transit Systems division said, "The light rail system contract for the City of Eskisehir affirms the importance of the Turkish market for Bombardier Transportation." He added, "In the past, we were extremely pleased to have supplied transit systems to the cities of Istanbul, Ankara, Izmir and Adana, and now the Eskisehir award further demonstrates our ongoing relationship with the transportation authorities in Turkey." Bombardier Transportation is the global leader in the rail equipment manufacturing and servicing industry. Its wide range of products includes passenger rail cars and complete rail transportation systems. It also manufactures locomotives, freight cars, propulsion & controls and provides rail control systems. Bombardier Inc., a diversified manufacturing and services company, is a world leading manufacturer of business jets, regional aircraft, rail transportation equipment and motorized recreational products. It also provides financial services and asset management in business areas aligned with its core expertise. Headquartered in Montreal, Canada, the Corporation has a workforce of some 80,000 people in 24 countries throughout the Americas, Europe and Asia-Pacific. Its revenues for the fiscal year ended Jan. 31, 2002 stood at $21.6 billion. Bombardier trades on the Toronto, Brussels and Frankfurt stock exchanges (BBD, BOM and BBDd.F).