Bombardier, Lufthansa CityLine Announce Deal for 10 More CRJ700 Series Regional Jets.Business Editors TORONTO--(BUSINESS WIRE)--Sept. 21, 2000 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. .) has completed negotiations with Lufthansa CityLine Lufthansa CityLine GmbH is an airline based in Cologne, Germany. It is a wholly owned subsidiary regional airline of Lufthansa and member of the Lufthansa Regional network. It is the largest regional airline in Europe. for the sale of 10 additional CRJ CRJ Canadair Regional Jet CRJ Chiropractic Research Journal CRJ Commission for Racial Justice CRJ Cylinder Reduction Jumper 700* Series regional jets, increasing the German airline's total firm orders for the 70-seat aircraft to 20. Lufthansa CityLine is also considering options for an additional 10 CRJ700 aircraft. Deliveries of the CRJ700 to Lufthansa CityLine will begin in the first quarter of 2001. "The CRJ has become increasingly important to us, establishing new nonstop connections between less frequented German destinations and major European cities, and entering new markets," said Karl-Heinz Kopfle, managing director of Lufthansa CityLine. "Our CRJ700 regional jets will allow us to increase capacity, with a common aircraft on routes developed by our 50-seat CRJ aircraft." "We are proud that Lufthansa CityLine, the regional airline within the Lufthansa Group, with its reputation for technical and operational excellence, has demonstrated confidence in our 70-seat regional jet program by placing this follow-on order before delivery of its first CRJ700," said Steven A. Ridolfi, president of Bombardier Aerospace, Regional Aircraft. "Today's announcement brings total firm orders and options for the CRJ700 Series to 471. The CRJ family is enjoying remarkable success with orders and options for the 50-seat CRJ Series 100/200, 70-seat CRJ700 and 86-seat CRJ900 combined totaling 1,760 aircraft," added Mr. Ridolfi. Lufthansa CityLine placed its initial order for 10 CRJ700 Series aircraft plus 10 options in September, 1998. The transaction announced today represents the conversion of those options to firm orders. Lufthansa's wholly-owned subsidiary, Lufthansa CityLine, was the launch customer for the Canadair Regional Jet and became the first airline to operate the aircraft, in the fall of 1992. With today's announcement, Lufthansa has placed firm orders for 65 CRJ aircraft: 20 CRJ700 Series and 45 CRJ100* Series. Today, 38 CRJ aircraft connect nearly 50 European cities. Bombardier Aerospace, a unit of Bombardier Inc., is the leading business, regional and amphibious aircraft Noun 1. amphibious aircraft - an airplane designed to take off and land on water amphibian aeroplane, airplane, plane - an aircraft that has a fixed wing and is powered by propellers or jets; "the flight was delayed due to trouble with the airplane" manufacturer. With full design and production capabilities in three countries, it offers the most comprehensive families of turboprop turboprop: see turbine. turboprop Hybrid engine that provides jet thrust and also drives a propeller. It is similar to the turbojet except that an added turbine, behind the combustion chamber, works through a shaft and speed-reducing gears to turn a and regional jet aircraft and the widest range of business jets. It also provides the Flexjet fractional business aircraft ownership program, 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 The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. and asset management. The Corporation employs 56,000 people in 12 countries in North America, Europe and Asia, and more than 90 per cent of its revenues are generated outside Canada. Bombardier's revenues for its fiscal year ended Jan. 31, 2000, totalled Cdn$13.6 billion. |
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