Bombardier Building Strong Order Book for All-New Continental-National Business Aircraft Association.ATLANTA--(BUSINESS WIRE)--Oct. 13, 1999-- (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.) The Bombardier Continental* business jet aircraft order book continues to grow at a steady pace, confirming the industry's interest in the latest all-new jet from 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). . "Since officially launching the program at the Paris Air Show The Paris Air Show (Salon International de l'Aéronautique et de l'Espace, Paris-Le Bourget) is an international trade fair for the aerospace business. It is held at Le Bourget airport near Paris, France every odd year, alternating both with the Farnborough International less than four months ago, we are converting letters of intent into firm orders at a solid pace," stated 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, Bombardier Aerospace, Business Aircraft. "To date, we have successfully converted this market interest into firm orders for 35 aircraft with firm production slots and delivery dates," added Mr. Gillespie. "The balance of our letters of intent are in the process of being converted into firm orders. "When combined with the continuing strong market demand that is boosting overall commitments to more than 100 aircraft, it's clear to see that the Continental is destined des·tine tr.v. des·tined, des·tin·ing, des·tines 1. To determine beforehand; preordain: a foolish scheme destined to fail; a film destined to become a classic. 2. to become the benchmark aircraft in its class." The development program continues on schedule, with the joint definition phase coming to an end, and specialists soon returning to their countries to refine the detail design. First metal-cutting is expected to begin next month. First flight is scheduled for 2001, followed by a five-aircraft flight test program leading to aircraft certification in 2002. The aircraft is targeted to enter corporate service in late 2002. Designed with extensive customer input, it will offer a target non-stop range of more than 3,100 nautical miles (5,741 km) and a balanced field length of 4,950 feet (1,509 m), allowing it to operate into and out of hundreds of airports not served by airlines. Priced at $14.25 million equipped, it will cruise at Mach 0.82 (541 mph; 870 km/hr) and operate at altitudes up to Flight Level 450. Its projected operating economy of $770 per hour is exceptional for a super mid-size business jet. The Continental is powered by all-new twin AlliedSignal AS907 high bypass ratio turbofan engines, offering 6,500 pounds (28.9 kN) of thrust, flat rated to ISA (1) (Instruction Set Architecture) See instruction set. (2) (Interactive Services Association) See Internet Alliance. (3) (Internet Security and Acceleration) See .NET. plus 15 degrees C. Its flat floor cabin features double-club seating and a total area of 144 square-feet (13.4 sq.m). The baggage compartment measures 110 cubic feet (3.11 cu-m). Development of the Rockwell-Collins Pro Line 21 avionics suite is proceeding on schedule. The Continental mock-up mock·up also mock-up n. 1. A usually full-sized scale model of a structure, used for demonstration, study, or testing. 2. A layout of printed matter. at NBAA NBAA National Business Aviation Association, Inc. NBAA National Board of Accountants and Auditors NBAA Nichiren Buddhist Association of America is configured with pre-production flight deck. 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 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 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 and financial services. 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 $11.5 billion (Cdn). * Trademark of Bombardier Inc. www.aero.bombardier.com |
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