Bombardier Concludes 22 Aircraft Deal With SkyWest: Represents Conversion of 18 Existing CRJ200 Orders Plus Four Additional Firm Orders.TORONTO -- 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). announced today that SkyWest Inc. ofSt. George, Utah has concluded a purchase agreement for 22 Bombardier CRJ CRJ redirects here. For other meanings of CRJ see CRJ (disambiguation) The Bombardier CRJ (Canadair Regional Jet) is a family of regional airliners manufactured by Bombardier, and based on the Canadair Challenger business jet. 700 regional jets for its Delta Connection operation. The transaction includes conversion rights to other Bombardier CRJ aircraft. In addition, the 80 options for CRJ CRJ Canadair Regional Jet CRJ Chiropractic Research Journal CRJ Commission for Racial Justice CRJ Cylinder Reduction Jumper 700 aircraft previously announced were reaffirmed as part of this agreement. The revised contract is valued at approximately $798 million US. If all options are exercised, the entire order could be worth $ 3.7 billion US. This transaction converts the 18 Delta Air Lines CRJ200 aircraft on backlog assumed by SkyWest as part of their recent acquisition of Atlantic Southeast Airlines For the defunct low-fare airline, see . Atlantic Southeast Airlines (ASA) is a fully certificated American airline based in Atlanta, Georgia, USA flying to 144 destinations as a Delta Connection carrier. It is a wholly owned subsidiary of SkyWest, Inc. (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 ) and includes four incremental orders. SkyWest also retains 15 CRJ700 firm orders on Bombardier's backlog from a previous transaction. "With our recent purchase of Atlantic Southeast Airlines, we agreed to add 22 regional jets to the Delta Connection route network," said Jerry Atkin, Chairman, President and Chief Executive Officer, SkyWest Inc. "The CRJ700 continues to meet our growth requirements because of the benefit of commonality with existing CRJ fleets at SkyWest Airlines and Atlantic Southeast Airlines." "We are very proud of our long partnership with SkyWest," said Steven Ridolfi, President, Bombardier Regional Aircraft. "We appreciate this endorsement of the CRJ Series and the CRJ700 as the regional jet of choice for both SkyWest and Delta Connection in order to meet their future system and market requirements. The CRJ700 aircraft's low operating costs represent a real benefit to operators in today's challenging market." The current combined fleets of SkyWest Inc. owned airlines include 229 CRJ200 and 72 CRJ700 aircraft. The Bombardier CRJ Series firm order book now stands at 1,440 with 1,294 delivered as of August 31, 2005. 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, 2005, were $15.8 billion US and its shares are traded on the Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. (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. ). News and information are available at www.bombardier.com. Bombardier, CRJ, CRJ200, CRJ700 and CRJ900 are trademarks of Bombardier Inc. or its subsidiaries. Bombardier Aerospace (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :BBD.MV.A) (TSX:BBD.SV.B) |
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