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Bombardier Announces That Bombardier Aerospace is On Target With 370 Aircraft Deliveries.

Business Editors

MONTREAL--(BUSINESS WIRE)--Feb. 12, 2002

Bombardier Inc. (TSE:BBD.A)(TSE:BBD.B) today announced that Bombardier Aerospace delivered 370 aircraft for its fiscal year ended Jan. 31, 2002. This compares to 370 aircraft in the previous fiscal year and is in line with the announcement made on Nov. 28, 2001.

Deliveries in the regional aircraft segment totalled 206 aircraft compared to 157 for the same period last year. Deliveries of the Bombardier CRJ/a Series 100 and 200 reached 136 compared to 103 during 2000-2001. As well, 29 of the new 70-seat Bombardier CRJ700/a aircraft were delivered compared to two. Deliveries of turboprops reached 41 compared with 52, as follows: 3 Bombardier Q100/a and 200 compared to 7, 15 Bombardier Q300/a compared to 17 and 23 Bombardier Q400/a compared to 28.

In the business aircraft segment, 162 units were delivered compared to 203 for the same period last year. Deliveries of business aircraft were as follows: 21 Bombardier Global Express/a compared to 36, 45 Bombardier Challenger/a 604 compared to 38, 26 Bombardier Learjet/a 60 compared to 36, 54 Bombardier Learjet 45 compared to 67 and 16 Bombardier Learjet 31A compared to 26.

Furthermore, 2 Bombardier Canadair 415/a amphibious aircraft were delivered during fiscal year 2001-2002 compared to 10 the previous year.

Bombardier's financial results for the year ended Jan. 31, 2002 will be released on Mar. 19, 2002.

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 markets. It also offers Bombardier Flexjet/a fractional ownership, 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 recreational products. It is also a provider of financial services 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.

/a Trademarks of Bombardier Inc.
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Publication:Business Wire
Geographic Code:1CANA
Date:Feb 12, 2002
Words:368
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