Bombardier Announces Dash 8Q 300 Orders from Wideroe of Norway.TORONTO--(BUSINESS WIRE)--April 15, 1998--Bombardier Inc.(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.) (ME:BBD.A.) (TSE:BBD.B.) (ME:BBD.B.) Wideroe's Flyveselskap ASA Asa (ā`sə), in the Bible, king of Judah, son and successor of Abijah. He was a good king, zealous in his extirpation of idols. When Baasha of Israel took Ramah (a few miles N of Jerusalem), Asa bought the help of Benhadad of Damascus and of Norway has placed a firm order for two Dash 8Q Series 300 aircraft and a conditional order Conditional Order A type of order that will be submitted or canceled if set criteria are met, which are defined by the trader/investor entering the order. This allows for a greater customization of the order, thereby meeting the specific needs of the investor. for a third Dash 8Q Series 300 with 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). . Value of the firm-ordered aircraft is approximately $27 million U.S. ($38.7 million Cdn.), and they are scheduled to enter service in September 1998. The two 50-seat Series 300 aircraft will replace two 37-seat Dash 8 Series 100 aircraft on Wideroe's route network in southern Norway and offer additional frequency and capacity on the airline's routes. The aircraft will also inaugurate in·au·gu·rate tr.v. in·au·gu·rat·ed, in·au·gu·rat·ing, in·au·gu·rates 1. To induct into office by a formal ceremony. 2. new routes being planned by the airline. The two Series 100 aircraft will be re-deployed on Wideroe's short field network to provide additional frequency there. "The Dash 8 has been a tremendous asset for us," said Per Arne Watle, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Wideroe. "Now we look forward to introducing the next-generation Dash 8Q Series 300 with its outstanding Noise and Vibration Suppression (NVS NVS - Non-Volatile Storage ) system that provides jet-like quiet and comfort in the passenger cabin." "We are delighted that Wideroe has once again returned to Bombardier Aerospace and the Dash 8Q for its equipment needs," said Robert Gillespie Robert Gillespie (born 9 November 1933 in Lille, France) is a British actor. He was brought up in Nantes until his parents moved to Manchester, having arrived in Plymouth in 1940. , president of Bombardier Aerospace, Regional Aircraft. "We are confident that the Dash 8Q Series 300, backed by our award-winning Airline Services customer support team, will lead Wideroe into an even brighter future in Norway." Wideroe is the longest-standing airline customer for de Havilland products, having operated its aircraft for more than 40 years. The airline first operated a DHC-2 Beaver in 1953, DHC-3 Otters in 1954, DHC-6 Twin Otters in the late 1960s, Dash 7 aircraft in the 1980s and the Dash 8 in the 1990s. It currently operates 17 Dash 8 Series 100 and four Series 300 aircraft. Wideroe will operate the new 70-seat, 350-knot Dash 8Q Series 400 as well. The airline placed a firm order for one Series 400 and took options on a further three in July 1996. The Series 400 will enter service immediately following delivery of the aircraft in the fall of 1999. Bombardier Aerospace, a group of Bombardier Inc., is the world's third largest civil aircraft manufacturer with its Canadair and de Havilland operations in Canada, Learjet in the United States and Shorts in the United Kingdom. Leading the 20- to 70-passenger regional carrier market, Bombardier Aerospace offers complete families of Dash 8(r) 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 Canadair Regional Jet(r) aircraft. It has the industry's widest range of business jets, from the light and mid-size Learjet(r) series to the widebody Challenger(r) and ultra long-range Global Express(r). It also produces the Canadair 415 firefighting/maritime mission aircraft and specializes in the design and manufacture of airframe components and aircraft engine nacelles. Bombardier Inc. is a Canadian corporation engaged in design, development, manufacturing and marketing activities in the fields of transportation equipment, aerospace, and recreational products. It also provides financial services and services related to its products and core competencies. The Montreal-based Corporation operates plants in Canada, the United States, Mexico, Austria, Belgium, Czech Republic, Finland, France, Germany, Switzerland and the United Kingdom, employing 47,000 people. Bombardier's revenues for its fiscal year ended January 31, 1997 totalled 8 billion Canadian dollars, and more than 85 percent of its revenues are generated in markets outside Canada. (R) Registered trademarks of Bombardier Inc. CONTACT: Bombardier Inc. Colin Fisher, 416/375-3030 Internet address: www.aero.bombardier.com or Bombardier Inc. Catherine Chase, 514/855-7980 Internet address: www.aero.bombardier.com |
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