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Bombardier Announces Sale Of Two More CRJ200 Series Aircraft To Tyrolean Airways.


TORONTO--(BUSINESS WIRE)--Aug. 3, 1999--

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.) (ME:BBD.A.) (TSE:BBD.B.) (ME:BBD.B.) announced today that Tyrolean Airways of Innsbruck, Austria had placed a firm order for two CRJ CRJ Canadair Regional Jet
CRJ Chiropractic Research Journal
CRJ Commission for Racial Justice
CRJ Cylinder Reduction Jumper
200(x) Series regional jet aircraft. The order represents the conversion of existing options.

The contract is valued at approximately U.S. $47 million (Cdn $68 million).

The order announced today will increase to 12 the number of CRJ200 aircraft in Tyrolean's fleet and brings Bombardier's orderbook total to 1,069 orders and options for its family of 50- and 70- passenger Canadair Regional Jet aircraft.

"The CRJ200 Series has helped us meet the challenges of increased competition in Europe. It has proven to be particularly effective deployed on routes with high business travel potential where speed and frequency are key to successful revenue growth," said Fritz Feitl, 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 Tyrolean Airways.

"Tyrolean Airways has been very successful using both Bombardier 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 jet products to meet the economic demands of its market," 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 have established a long-term relationship with Tyrolean Airways and we are very proud of their continued success."

Bombardier Aerospace, a unit of Bombardier Inc., is the world's third largest civil aircraft manufacturer with operations in three countries. Leading the 20- to 70-passenger regional carrier market, Bombardier Aerospace offers complete families of turboprop and regional jet aircraft. It has the industry's widest range of business jets, offering both full and fractional ownership, and also produces firefighting/maritime mission aircraft. It provides technical services, aircraft maintenance and pilot training to business, regional airline and military customers.

Bombardier Inc. is a Canadian corporation active in the fields of aerospace, rail transportation equipment, recreational products, financial services and services related to its products and core businesses. It operates plants 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 January 31, 1999 totalled Cdn $11.5 billion.

(x) Tradename of Bombardier Inc.
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1CANA
Date:Aug 3, 1999
Words:347
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