Bombardier Aerospace Appoints Head of New Commercial Aircraft Program.Business Editors MONTREAL--(BUSINESS WIRE)--Feb. 26, 2004 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). (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :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) (TSX:BBD.B) announced today the appointment of Gary R. Scott as President, New Commercial Aircraft Program, effective March 8, 2004. Mr. Scott will be responsible to form and lead a multi-disciplinary team to evaluate the possibility of proceeding with the creation of a new generation commercial aircraft. "With almost 30 years experience at The Boeing Company in jobs ranging from finance to strategy to program management, Gary, an experienced aviation executive, is the ideal choice to lead our evaluation team over the next 12 months as we prepare to make a decision on the development of a new commercial aircraft program," said Pierre Beaudoin, President and Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. , Bombardier Aerospace. "His experience, coupled with our industry-leading new product development expertise of 15 new products in 14 years, assures us of a thorough and sound evaluation process. We are very pleased to have him join us at this exciting time for Bombardier Aerospace." Mr. Scott's aerospace experience includes executive leadership of Boeing's 737/757 commercial airplane division during the biggest production build-up build·up also build-up n. 1. The act or process of amassing or increasing: a military buildup; a buildup of tension during the strike. 2. in the Company's history and the launch of the 737 Next Generation program and the 757-300 program. Mr. Scott left Boeing in 2002 to join CAE (1) (Computer-Aided Engineering) Software that analyzes designs which have been created in the computer or that have been created elsewhere and entered into the computer. , Inc. as Group President, Civil Simulation and Training, a position he held prior to joining Bombardier. About Bombardier A world-leading manufacturer of innovative transportation solutions, from regional aircraft and business jets to rail transportation equipment, Bombardier Inc. is a global corporation headquartered in Canada. Its revenues for the fiscal year ended Jan. 31, 2003 were $21.2 billion Cdn and its shares are traded on the Toronto, Brussels and Frankfurt stock exchanges Frankfurt Stock Exchange The largest of Germany's eight securities exchanges, operated by Deutsche Borse AS. (BBD, BOM and BBDd.F). News and information are available at www.bombardier.com. N.B. Fiscal year 2002-03 revenues have been restated following the sale of the recreational products business. (i) Trademarks of Bombardier Inc. or its subsidiaries. |
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