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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 (1138)	12/19/2003 8:56:53 PM
From: Gilbert Drapeau	Read Replies (1) \| Respond to of 1177

Bombardier, Air Canada Sign Memorandum of Understanding for 45 CRJ Regional Jets TORONTO, ONTARIO-- DECEMBER 19, 2003 - 06:00 ET Includes rights to acquire up to an additional 45 aircraft Bombardier Aerospace announced today that Air Canada has signed a Memorandum of Understanding (MOU) to acquire 45 Bombardier CRJ regional jet aircraft with rights to acquire up to an additional 45 aircraft. A definitive purchase agreement will be signed in early 2004. The MOU covers firm orders for 15 Bombardier CRJ200 aircraft with 50 seats, and 30 Bombardier CRJ700 Series 705 aircraft with a dual-class cabin configuration of nine business class and 65 economy seats. The MOU also includes the right to execute reconfirmable orders for 15 Bombardier CRJ200 and 30 Bombardier CRJ700 Series 705 aircraft. List price value of the firm order would be approximately $1.3 billion U.S. ($1.8 billion Cdn.). Exercise of the reconfirmable orders by Air Canada would bring the potential value of the transaction to $2.7 billion U.S. ($3.6 billion Cdn.) Deliveries of the CRJ200 aircraft would begin in the third quarter of 2004, with Bombardier CRJ700 Series 705 deliveries beginning in the second quarter of 2005, subject to finalization of Air Canada's business plan. Air Canada and Air Canada Jazz currently operate 35 Bombardier CRJ100/200 aircraft. "Acquisition of additional Bombardier CRJ aircraft represents another key element of our long-term restructuring program," said Robert Milton, president and chief executive officer, Air Canada. "These new regional jets will enable Air Canada to compete more effectively, by providing increased point-to-point service to domestic and transborder markets, thereby generating additional revenues. "The Bombardier CRJ200 was the spearhead of our rapid and successful expansion into U.S. markets in the mid-1990s," added Mr. Milton. We fully expect the new Bombardier CRJ200 and Bombardier CRJ700 Series 705 aircraft will play a significant role in the future growth and prosperity of Air Canada." "Air Canada is one of the most demanding airlines in the world in terms of the technical and economic aspects of the aircraft it selects," said Steven A. Ridolfi, president, Bombardier Aerospace, Regional Aircraft. "Their decision to acquire additional Bombardier CRJ200 aircraft and introduce the Bombardier CRJ700 Series 705 to the Canadian market is a strong endorsement of the well-proven economics and commonality benefits of the Bombardier CRJ family." As of November 30, 2003, the number of firm orders for Bombardier CRJ Series aircraft stood at 1,289. Conditional orders and options numbered 1,289 for a potential CRJ program total of 2,578 aircraft. On December 9, 2003, Delta Connection carrier Comair took delivery of the 1,000th CRJ, making the CRJ program the eighth commercial aircraft program to have reached the 1,000th delivery milestone. A world-leading manufacturer of innovative transportation solutions, from regional aircraft and business jets to rail transportation equipment, Bombardier Inc. is a global corporation headquartered in Canada. Its revenues for the fiscal year ended Jan. 31, 2003 were $21.2 billion Cdn and its shares are traded on the Toronto, Brussels and Frankfurt stock exchanges (BBD, BOM and BBDd.F). News and information are available at www.bombardier.com. N.B. Fiscal year 2002-03 revenues have been restated following the sale of the recreational products business. (i) Trademarks of Bombardier Inc. or its subsidiaries.

To: Gilbert Drapeau who wrote (1138)	1/15/2004 1:47:59 PM
From: Gilbert Drapeau	Read Replies (1) \| Respond to of 1177

Bombardier Receives $120-Million Order for TGV Duplex Trainsets in France MONTREAL, QUEBEC--JANUARY 15, 2004 - 11:55 ET The consortium comprising Bombardier Transportation and Alstom Transport has received an order for 22 bi-level TGV(i)(i) Duplex high-speed trainsets from the French National Railways (SNCF). The total amount of this new order is approximately $491 million Cdn (305 million Euros), with Bombardier Transportation's share amounting to approximately $120 million Cdn (74 million Euros). This order is a follow-up to an initial order for 82 trainsets awarded in October 2000. Bombardier will manufacture the two first-class vehicles, one second-class vehicle and six carrying bogies for each of the 8-car trainsets. Deliveries are scheduled to take place between January 2006 and December 2007. Bombardier has contributed to the production of 259 TGV trainsets since its first order for TGV equipment in November 1985. Eighteen additional trainsets ordered in December 2001 are currently under production at the Crespin facility, in France. "Bombardier Transportation has an extraordinary amount of experience in the outfitting and equipping of different types of TGV trains. We are particularly proud of this new order, which further attests to the confidence that SNCF has in our capabilities," stated Jacques Lamotte, Executive Vice-President of Bombardier Transportation. Bombardier Transportation in France operates primarily at its Crespin site in the Valenciennes region, where it employs more than 2,100 people. In the French market, Bombardier Transportation participates in all TGV programs and manufactures a wide range of rolling stock for public transport. Among these products are the MF 88 and MF 2000 vehicles for the Paris metro, the Strasbourg, Nantes and Saint-Etienne tramways, the Nancy and Caen trams-on-tires, the recent vehicles for the RER network and the TER2N NG regional transport railcars. In December 2001, Bombardier Transportation signed a contract with SNCF for the supply of 500 TER (Regional Express Trains) of the Autorail Grande Capacite (AGC) type for the French regions. About Bombardier A world-leading manufacturer of innovative transportation solutions, from regional aircraft and business jets to rail transportation equipment, Bombardier Inc. is a global corporation headquartered in Canada. Its revenues for the fiscal year ended Jan. 31, 2003 were $21.2 billion Cdn and its shares are traded on the Toronto, Brussels and Frankfurt stock exchanges (BBD, BOM and BBDd.F). News and information are available at www.bombardier.com. N.B. Fiscal year 2002-03 revenues have been restated following the sale of the recreational products business. (i)(i)TGV is a trademark of SNCF NOTE TO EDITORS: A photo is available on our Website at the following address: www.transportation.bombardier.com/photography.jsp