Bombardier Sells 20 More Regional Jets to Air Nostrum.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). (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :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) (TSX:BBD.B) announced today that Air Nostrum Air Nostrum, also known as Iberia Regional, is a regional airline based in Valencia, Spain, operating as an Iberia regional partner and an affiliate member of the oneworld airline alliance. of Valencia, Spain For the Valencia wine region, see . Valencia (Spanish: Valencia [ba'lenθja];[1] Valencian: València [va'ɫɛnsia]) is the capital of the Spanish autonomous community of Valencia and its province. has signed a follow-on order for 20 additional Bombardier CRJ200(i) 50-seat regional jet aircraft. The order is valued at an estimated $512.6 million U.S. The contract gives Air Nostrum the right to convert some or all of these aircraft to other members of the Bombardier Regional Aircraft product line, including the CRJ CRJ Canadair Regional Jet CRJ Chiropractic Research Journal CRJ Commission for Racial Justice CRJ Cylinder Reduction Jumper 900 and CRJ700 regional jets, or the Bombardier Q400 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 . Air Nostrum has taken delivery of 25 CRJ200 aircraft from an earlier order for 31; the airline also operates 19 50-seat Q300(i) turboprops in its fleet. Delivery of the 20 aircraft announced today will increase the Air Nostrum fleet of Bombardier aircraft to 70, making the airline Europe's largest single operator of Bombardier regional airliners. "The Bombardier CRJ and Q300 have helped us to become one of the largest and most successful regional airlines in Europe," said Carlos Bertomeu, Chief Executive Officer, Air Nostrum."We have absolutely no hesitation in selecting more Bombardier aircraft for our future requirements." "Bombardier is the only company that can provide the full range of regional products and Air Nostrum has proven that the combination of Bombardier regional jet and regional turboprop aircraft can result in increased efficiencies and superior profitability," said Steven A. Ridolfi, President, Bombardier, Regional Aircraft. "We are delighted that Air Nostrum has returned to Bombardier to meet its future requirements." Air Nostrum is the leading regional airline in Spain and one of the largest in Europe and operates over 370 daily flights under a franchise agreement with Iberia, serving over 50 destinations throughout eight western European countries. The airline carries about three and a half million passengers a year. This year, Air Nostrum celebrates its 10th anniversary. Throughout its history the airline has been named Carrier of the Year by the European Regions Airline Association The European Regions Airline Association (ERA) is the principal body representing air transport in Europe's regions. Founded in 1980 with just 5 members, ERA has grown since 1987, under the Director General, Mike Ambrose, to represent over 230 companies and is the only body on three occasions (1999/2000, 2002/2003, and 2003/2004), and has received other important awards (Flight International Award, Mercury In Flight Service Award, etc.), which reflect its extraordinary achievements and successful development. As of May 31, 2004 the Bombardier CRJ Series program, the largest in regional aircraft history, had received 1,359 firm orders with 1,095 delivered to customers in over 20 countries throughout the Asia-Pacific region, Africa, Europe, North America and South America. Conditional orders and options could boost the CRJ program total to 2506 aircraft. 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, 2004 were $15.5 billion US and its shares are traded on the Toronto, Brussels and Frankfurt stock exchanges Frankfurt Stock Exchange The largest of Germany's eight securities exchanges, operated by Deutsche Borse AS. (BBD, BOM and BBDd.F). News and information are available at www.bombardier.com. (i) Trademarks of Bombardier Inc. and its subsidiaries. Note to Editors: A pre-Farnborough Air Show ceremonial signing, involving senior executives of Bombardier Aerospace Regional Aircraft and Air Nostrum, will take place on Sunday, July 18 at 9:30 a.m. at the Royal Aeronautical Society Founded in 1866 The Royal Aeronautical Society, also known as the RAeS, is a multidisciplinary professional institution dedicated to the global aerospace community. , Argyll Room, 4 Hamilton Place, London, U.K. Images of Air Nostrum CRJ200 and Q300 aircraft are available in our web site multimedia library at: www.aero.bombardier.com/htmen/F15.jsp For more information on Bombardier Aerospace at Farnborough 2004, please visit www.Aeroshow.com |
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