Bombardier Aerospace Acquires Skyjet.com; Enters e-commerce World With Online Air Charter Capability.Business Editors MONTREAL--(BUSINESS WIRE)--July 17, 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. .A.)(TSE:BBD.B.) today announced the acquisition of Skyjet.com, a pioneer in real-time online air charter reservations. "This is an exciting development for Bombardier and its customers, employees and shareholders and we are indeed delighted to welcome Skyjet.com to the Bombardier business aircraft family," declared Rob Gillespie, president, Bombardier Aerospace, Business Aircraft. "This agreement with Skyjet.com now places Bombardier - already the second largest user of business jet charter in America - in a solid position to assume a leadership role in the ongoing growth and development of the charter industry. "Moreover, we are also entering the dynamic e-commerce world with a partner committed to ensuring that corporate aircraft customers and users get the most from their precious business and leisure time. "We certainly look forward to working with Trevor Cornwell and his team as we continue to support and develop the excellent foundation they have built." Stated Trevor Cornwell, chief executive officer of Skyjet.com: "Our goal at Skyjet.com is to constantly make air charter more readily available to increasing numbers of people who need to travel. And now, with the full support of Bombardier, the largest and also, I feel, the best-managed company in corporate aviation, I am confident that we will intensify these initiatives to meet our mandate." Based in Washington D.C., Skyjet.com was founded in 1997 to meet the growing needs of U.S. air charter users and operators. Recognizing that the air charter industry is comprised of numerous small-fleet operators, Skyjet.com specialists created a web-based reservations system that effectively locates the best charter solutions in the U.S. industry and allows users to book their reservations directly online at Skyjet.com's website situated at www.skyjet.com. More than 230 affiliated charter operators currently participate in Skyjet.com, representing more than 1300 business jets or about 70 per cent of the U.S. and Canada-based fleet available for charter. 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 fractional size expressed as a relative part of a unit. fractional catabolic rate the percentage of an available pool of body component, e.g. protein, iron, which is replaced, transferred or lost per unit of time. 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 North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , 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 $13.6 billion Cdn. |
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