Asian Aerospace 2002-Bombardier Aerospace Announces Launch Customer In Asia For Global 5000 Business Jet.Business Editors SINGAPORE, Singapore--(BUSINESS WIRE)--Feb. 28, 2002 Bombardier Aerospace Bombardier Aerospace is a division of the Bombardier group, with the third largest workforce (behind Boeing and Airbus) and the fourth largest in yearly delivery of commercial airplanes (behind Boeing, Airbus and Embraer). (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :BBD BBD In currencies, this is the abbreviation for the Barbados Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. .A.) (TSE:BBD.B.) Bombardier Aerospace is pleased to announce that Sino Private Aviation Limited, a Hong Kong-based corporation, has become the Asia-Pacific launch customer for the new, high-speed Bombardier Global 5000(a) business jet. The firm order for the Bombardier Global 5000 was signed today by Diana Chou, director, Sino Private Aviation Limited, at a ceremony held during Asian Aerospace Asian Aerospace (AA) is an international trade fair for the aerospace business. It had been based at the Changi Exhibition Centre near the Singapore Changi Airport, it is the biggest airshow event in Asia, and was touted by its organisers as the "world’s second most 2002 in Singapore. The Bombardier Global 5000 program was officially launched on February 5th after worldwide market interest resulted in letters of intent for 15 aircraft. Providing the widest and most spacious cabin among the super-large business jets, the Bombardier Global 5000 is a high-speed intercontinental business jet capable of flying non-stop from Continental Europe Continental Europe, also referred to as mainland Europe or simply the Continent, is the continent of Europe, explicitly excluding European islands and, at times, peninsulas. to central North America at Mach 0.85 with eight passengers and three crew. Designed to execute transcontinental missions at a brisk Mach 0.89 - faster than any competing jet - it will fly executives and government leaders in and out of airfields closer to their point of business than any widebody business jet. The Bombardier Global 5000, competing in the super-large jet segment, will offer speed, takeoff and landing performance and sophisticated systems that are similar to those delivered by its parent, the Bombardier Global Express The Bombardier BD-700 Global Express is an ultra long range corporate and VIP high speed jet which has also been modified for military missions. Bombardier began studies in 1991 and the aircraft was officially launched in 1993. First flight occurred on October 13 1996. (R). For operators purchasing both the Bombardier Global Express and the Global 5000, this high level of commonality should offer significant cost benefits, particularly as it relates to expected common crew and maintenance type ratings and on-site spares support. The first flight of the Bombardier Global 5000 is scheduled for the first quarter of 2003 and type certification from Transport Canada, the U.S. Federal Aviation Administration Federal Aviation Administration (FAA), component of the U.S. Department of Transportation that sets standards for the air-worthiness of all civilian aircraft, inspects and licenses them, and regulates civilian and military air traffic through its air traffic control and the European Joint Aviation Authorities The Joint Aviation Authorities, or JAA, is an associated body of the European Civil Aviation Conference (ECAC) representing the civil aviation regulatory authorities of a number of European States who have agreed to co-operate in developing and implementing common safety is on target for the first quarter of 2004. The aircraft is expected to enter corporate service at the end of that year. The Bombardier Global 5000 is being developed with a number of international risk-sharing partners. They include Rolls-Royce Deutschland, which is supplying the BR710A2-20 powerplant, and Mitsubishi Heavy Industries (MHI MHI Manufactured Housing Institute MHI Montreal Heart Institute (Montreal, Quebec, Canada) MHI Median Household Income MHI Main Hawaiian Islands MHI Material Handling Institute ) of Nagoya, Japan, responsible for the detail design, manufacturing and integration of the wing section and center fuselage. 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 manufacturer. 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 mo·tor·ize tr.v. mo·tor·ized, mo·tor·iz·ing, mo·tor·iz·es 1. To equip with a motor. 2. To supply with motor-driven vehicles. 3. To provide with automobiles. 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. (a) Trademarks of Bombardier Inc. For more information on Bombardier Aerospace at Asian Aerospace 2002, please visit www.Aeroshow.com To download photo, please log on to http://www.huntington.com.sg/documents/mediaresources.htm |
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