Bombardier Aerospace Announces Order of Five Global 5000 Business Jets From Tag Aeronautics; Agreement Comes 11 Days After Super-Large Jet's Introduction.Business Editors Dubai Air Show 2001 DUBAI, UAE--(BUSINESS WIRE)--Nov. 5, 2001 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). announced today the order of five new Bombardier Global 5000(i) high-speed intercontinental business jet aircraft from TAG Aeronautics aeronautics: see aerodynamics; airplane; aviation. , the exclusive representative and distributor for Bombardier widebody aircraft in 22 Middle East and Arab countries. The order, announced at the Dubai Air Show, comes just 11 days after Bombardier introduced the Global 5000, its 12th new aircraft in 12 years, specifically designed to establish new standards in the super-large jet niche market A niche market also known as a target market is a focused, targetable portion (subset) of a market sector. By definition, then, a business that focuses on a niche market is addressing a need for a product or service that is not being addressed by mainstream providers. . The first aircraft are scheduled to enter service in 2004. "We are extremely pleased to have TAG as one of our first customers for this remarkable new aircraft, which we believe will be ideally suited for corporate operators here in the Middle East," said Shawn Vick, senior vice-president, international sales, Bombardier Aerospace, Business Aircraft. "This agreement further strengthens our growing association with TAG, which has led to the delivery of over 70 Bombardier aircraft to Middle East customers in the past 15 years," Mr. Vick added. "Thanks to the ongoing support and hard work of TAG, who have been instrumental in shaping the corporate aviation market in the Middle East, this region has been a strong market for Bombardier business aircraft in recent years and continues to offer excellent growth potential." The Bombardier Global 5000 will offer a range of 4,800 nm (8,889 km) at a speed of Mach 0.85 (561 mph; 903 km/h). With a maximum operating altitude of 51,000 ft., it will be able to fly eight passengers and three crew members non-stop from Dubai and other cities in the Middle East to every major destination in Europe, including London and Paris, at a speed of Mach 0.88 (581 mph; 935 km/h). It will also be able to fly non-stop to all major destinations in Africa, as well as most destinations in Asia and Japan, at a speed of Mach 0.85. "The Bombardier Global 5000 will be able to fly non-stop from Riyadh to London in six hours and 23 minutes at a speed of Mach 0.88 - a feat unmatched by any other aircraft in its class," said Mike Fahey Michael Gahan "Mike" Fahey, (born December 20, 1943, Kansas City, Missouri) took office as the 49th and current mayor of Omaha, Nebraska on June 11, 2001. Fahey won his second term as mayor in the May 10, 2005 election. , regional vice-president for Asia, Africa and the Middle East, Bombardier Aerospace, Business Aircraft, who is based in Dubai. "We believe it will be the jet against which all aircraft in its class will be measured, and it will be a powerful addition to our corporate jet offering for Middle East customers." Bombardier is currently designing the Bombardier Global 5000 to deliver the best value in its class. It will offer the widest and most comfortable cabin in its class, take off from shorter runways than its competitors, and will be fully compliant with Transport Canada Transport Canada is the department within the government of Canada which is responsible for developing regulations, policies and services of transportation in Canada. History , 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 European Joint Aviation Authorities' stringent regulatory requirements Regulatory requirements are part of the process of drug discovery and drug development. Regulatory requirements describe what is necessary for a new drug to be approved for marketing in any particular country. - all at a competitive price. The Bombardier Global 5000 is scheduled to enter corporate service in late 2004 and Bombardier Aerospace is currently seeking commitments from prospective customers for a formal program launch in the fourth quarter of 2001. The program is currently in advanced design and first flight is anticipated in the fourth quarter of 2002. Type certification is expected in the first quarter of 2004. TAG Aeronautics, a subsidiary of the TAG Group S.A., is an exclusive representative and distributor in 22 Middle East and Arab countries for the Bombardier Continental(i), Challenger(R) 604, Special Edition(i), Global Express(R), the CRJ CRJ Canadair Regional Jet CRJ Chiropractic Research Journal CRJ Commission for Racial Justice CRJ Cylinder Reduction Jumper (i) Series airliners and now the Global 5000. 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 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" markets. It also offers Bombardier Flexjet(R) fractional ownership In business, fractional ownership is a percentage share of an expensive asset. Shares are sold to individual owners. A fractional owner enjoys priorities and privileges, such as reduced rates, priority access on holidays and income sharing. , 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 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 79,000 people in 24 countries in the Americas, Europe and Asia-Pacific and its revenues for the fiscal year ended Jan. 31, 2001 totalled $16.1 billion Cdn. (R) Registered trademarks of Bombardier Inc. (i) Trademarks of Bombardier Inc. Note to Editors: Artist Rendition of the Bombardier Global 5000 is available on our Web site photo gallery at: www.aero.bombardier.com/htmen/F15.htm www.aero.bombardier.com |
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