TORONTO--(BUSINESS WIRE)--Sept. 4, 1998--Bombardier Inc.(TSE:BBD.A.) (ME:BBD.A.) (TSE:BBD.B.) (ME:BBD.B.) Atlanta-based Atlantic Southeast Airlines (ASA), a Delta Connection carrier, has executed agreements with Bombardier Inc. for the purchase of 27 Canadair Regional Jet Series 200 and Series 700 aircraft. The contract is the first order by the airline for the 70-passenger CRJ Series 700 and an early reorder for the 50-seat CRJ Series 200. The combined order is valued in excess of $575 million U.S. ($893 million Can.) in 1998 dollars.
Under the terms of today's agreement, 12 of the orders are for 70-passenger CRJ Series 700 aircraft while 15 of the aircraft will be the 50-seat CRJ Series 200 model.
Deliveries for ASA's 15 additional Canadair Regional Jet Series 200s will begin in February 2000 and continue at a rate of one a month. Delivery of the 12 CRJ Series 700 aircraft will commence in the fourth quarter of 2001 and be completed in the first quarter of 2003.
"In service, theCanadair Regional Jet has demonstrated its excellent passenger appeal and operational flexibility over the ASA route system," said John W. Beiser, president of ASA. "The speed and range of the 50-seat model, combined with the excellent operating efficiencies of the 70-seat version, ensure that ASA is strategically positioned for growth well into the future," John Beiser said.
Bombardier Aerospace, Regional Aircraft president Robert Gillespie said, "We are very pleased that ASA has become a valued customer for the CRJ Series 700 and has renewed its confidence in the Canadair Regional Jet through this repeat order for the Series 200. The blending of Canadair Regional Jet models within ASA's fleet will provide precisely the flexibility to tailor capacity requirements to peak and off-peak flight times and the ability to meet growing capacity requirements."
ASA was recently named best managed regional airline of the year for 1997 by the prestigious U.S.-based Aviation Week and Space Technology magazine.
ASA has used its Canadair Regional Jet fleet for both growth in new markets and to replace EMB-120 turboprop aircraft in its Atlanta hub. The airline currently operates more than 3,700 weekly flights serving 37 destinations from its Atlanta hub and 20 cities through its Dallas hub. Approximately 80 per cent of ASA's passengers connect with Delta Air Lines flights.
Bombardier Aerospace, a unit of Bombardier Inc., is the world's third largest civil aircraft manufacturer with its Canadair and de Havilland operations in Canada, Learjet in the United States and Shorts in the United Kingdom. Leading the 20- to 70-passenger regional carrier market, Bombardier Aerospace offers complete families of Dash 8(R) turboprop and Canadair Regional Jet(R) aircraft. It has the industry's widest range of business jets, from the light and mid-size Learjet(R) series to the widebody Challenger(R) and ultra long-range Global Express(R).
It also produces the Canadair 415 firefighting/maritime mission aircraft and designs and manufactures airframe components and aircraft engine nacelles.
Bombardier Inc. is a Canadian corporation engaged in design, development, manufacturing and marketing activities in the fields of aerospace, rail transportation equipment, and recreational products. It also provides financial services and services related to its products and core competencies. The Montreal-based Corporation operates plants in Canada, the United States, Mexico, Austria, Belgium, the Czech Republic, Finland, France, Germany, Switzerland and the United Kingdom, employing 47,000 people. Bombardier's revenues for its fiscal year ended January 31, 1998 totalled 8.5 billion Canadian dollars, and more than 88 percent of its revenues are generated in markets outside Canada.
(R) Registered trademarks of Bombardier Inc.
CONTACT: Bombardier Inc., Toronto Colin Fisher, 416/ 375-3030 Internet address: http://www.aero.bombardier.com
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