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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 (1101)4/28/2003 10:51:51 AM
From: Gilbert Drapeau  Read Replies (2) | Respond to of 1177
 
Bombardier Selected to Supply a $763-Million Rapid
Transit System in Taiwan

MONTREAL, QUEBEC--APRIL 28, 2003 - 10:16 EST
Bombardier Transportation has been selected by
Kung Sing Engineering Corporation (KSECO), a Taiwanese
construction company, to supply the electrical and mechanical
(E&M) portion of a 15-km rapid transit system, including 202
vehicles, for the new Neihu Line, which is an extension to the
existing Mucha Line in the City of Taipei, Taiwan. The award of
the contract to KSECO has been confirmed by the Department of
Rapid Transit Systems (DORTS) of the Taipei City Government. The
work will commence upon reception of the Notice to Proceed, which
is expected within the next two months.

Bombardier, as the prime subcontractor to KSECO, will design and
supply all of the E&M systems for the 12-station Neihu Line, and
will also be responsible for retrofitting the automatic train
control system for the Mucha Line, its 102 vehicles and some of
the equipment in its existing 12 stations.

The award of the Neihu Line Design/Build contract to KSECO by the
Department of Rapid Transit Systems is valued at approximately
$1.37 billion Cdn. Bombardier's share of the project is valued at
some $763 million Cdn. The mostly elevated Neihu Line will open
in three Stages; the completion of the first 10 km and delivery
of 60 vehicles are anticipated in the summer of 2007, with the
two remaining Stages to be completed in late fall of 2007 and
spring of 2008. When completed, the System is expected to carry
28,400 passengers per hour per direction.

Patrice Pelletier, President of Bombardier Transportation's Total
Transit Systems Division, commented, "The award of this contract
is very significant, as it represents a major breakthrough for
Bombardier into the Taiwanese market." He added, "the Neihu Line
will constitute another prime example of the capabilities of our
excellent Bombardier Flexiblok(i) automatic train control
technology."

Bombardier Transportation is recognized worldwide for its
superior expertise in systems integration and engineering.
Commenting further, Patrice Pelletier said, "since the early
1970's, Bombardier has delivered more than 45 turnkey rapid
transit and people mover systems on four continents including the
Kuala Lumpur LRT System 2 in Malaysia, and most recently, the San
Francisco International Airport Automated People Mover (APM),
USA, and the Millennium Line extension to the Vancouver SkyTrain
System in Canada."

In the field of driverless automated rubber-tired systems,
Bombardier has clearly demonstrated its capability to expand and
extend existing systems while continuing to provide service to
passengers. Recent examples in the USA include the Hartsfield
Atlanta International Airport APM, one of the busiest airports in
the world, and the Miami MetroMover in downtown Miami, Florida.

Bombardier's scope of work for the Neihu Line turnkey E&M
contract includes the design, supply and installation of the
Flexiblok automatic train control system, power supply and
communications systems, platform screen doors, workshop
equipment, equipment for the new control centre, retrofit of the
Mucha Line control centre, systems engineering and integration,
testing and commissioning, as well as the manufacture of 202
rubber-tired vehicles, and the retrofitting of the train control
system for the Mucha Line's existing fleet.

Bombardier Transportation is the global leader in the rail
equipment manufacturing and servicing industry. Its wide range of
products includes passenger rail cars and total transit systems.
It also manufactures locomotives, freight cars, propulsion &
controls and provides rail control solutions.

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 75,000 people and manufacturing facilities in
25 countries throughout the Americas, Europe and Asia-Pacific.
Its revenues for the fiscal year ended Jan. 31, 2003 stood at
$23.7 billion Cdn. Bombardier shares are traded on the Toronto,
Brussels and Frankfurt stock exchanges (BBD, BOM and BBDd.F).

(i) Trademarks of Bombardier Inc. or its subsidiaries



To: Gilbert Drapeau who wrote (1101)5/12/2003 10:01:34 PM
From: Gilbert Drapeau  Read Replies (1) | Respond to of 1177
 
Bombardier Signs With US Airways for Up to 275 CRJ
Regional Jets

TORONTO, ONTARIO--MAY 12, 2003 - 09:03 EST
Bombardier Aerospace today announced that it
has signed a contract with US Airways of Arlington, Virginia for
the sale of up to 275 Bombardier CRJ(i) aircraft, as follows:

/T/

- 85 firm orders (60 firm orders for 50-seat Bombardier CRJ200(i)
and 25 firm orders for 75-seat Bombardier CRJ700(i) Series 705(i)
for a total value of $2.2 billion US ($3.3 billion Cdn.);

- 90 reconfirmable orders. A reconfirmable order has a scheduled
delivery date and provides the customer with the right to formally
cancel the order within a specific timeframe prior to the delivery
date; and

- 100 options which can be exercised across a mix of Bombardier
CRJ200 and CRJ700 models to provide US Airways with optimum
flexibility in determining its future seating capacity requirements.

/T/

This contract has a potential value of $7.0 billion US ($10.4
billion Cdn.).

The 85 firm orders include the transfer of 36 Bombardier CRJ firm
orders currently held by GECAS (GE Capital Aviation Services) to
US Airways. The net effect on the current firm order backlog will
be an increase of 49 aircraft.

Deliveries are scheduled to commence in the fourth quarter of
2003 and continue through the second quarter of 2005.

"These new regional jets will enable US Airways to generate
additional revenue by growing our route network and competing
more vigorously in short- to medium-length haul markets," said US
Airways president and chief executive officer David N. Siegel.
"Regional jets will allow us to replace and complement larger jet
aircraft on routes with poor to marginal performance, which then
can be re-deployed to operate in more profitable destinations."

"This commitment by US Airways is a clear indication that the
regional jet revolution is continuing and we are delighted it is
continuing with US Airways selecting our family of Bombardier
regional jets," said Steven A. Ridolfi, president, Bombardier
Regional Aircraft. "Their decision to acquire both the Bombardier
CRJ200 and CRJ700 is an endorsement of the proven economics and
commonality benefits of the Bombardier CRJ family. It also
underscores the opportunities for lower operating costs and
increased profit with larger size Bombardier CRJ aircraft."

US Airways is the seventh largest airline in the United States
serving nearly 200 communities in North America, Mexico, the
Caribbean and Europe. Most of its route network is concentrated
in the eastern United States where it is the largest carrier east
of the Mississippi. US Airways, US Airways Shuttle and the US
Airways Express carriers operate over 3,300 flights daily.

As at April 30th, the number of firm orders for Bombardier CRJ
Series aircraft stood at 1212 including delivered aircraft.
Conditional orders and options numbered 1152 for a potential
program total of 2364 aircraft.

Bombardier Aerospace, a unit of Bombardier Inc., is a world
leader in the design and manufacture of innovative aviation
products and provides services for the regional, business and
amphibious aircraft markets. It also offers Bombardier Flexjet(i)
and Bombardier Skyjet(i) business aircraft programs, technical
services, and aircraft maintenance and pilot training for
business, regional airline and military customers.

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 75,000 people and manufacturing facilities in
25 countries throughout the Americas, Europe and Asia-Pacific.
Its revenues for the fiscal year ended Jan. 31, 2003 stood at
$23.7 billion Cdn. Bombardier shares are traded on the Toronto,
Brussels and Frankfurt stock exchanges (BBD, BOM and BBDd.F).

(i) Trademarks of Bombardier Inc. or its subsidiaries.

Note to Editors:

Images of US Airways CRJ aircraft are available in our Web site
multimedia library at: www.aero.bombardier.com/htmen/F15.jsp