Bombardier Sells Three New Q Series Turboprops to Qantas.Business EditorsTORONTO--(BUSINESS WIRE)--Jan. 10, 2003 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.TO) (TSX:BBD.B.TO) announced today that Qantas Airways of Australia has placed a firm order for three new 50-seat Q300(TM) Series 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 airliners and has also purchased a 36-seat Dash 8(R) Q200 aircraft previously leased from Bombardier. Deliveries of the new Bombardier Q300 aircraft are scheduled for the second quarter of 2003. Qantas will place the aircraft with its QantasLink regional network, which includes the Dash 8 operations of Eastern Australia Airlines Eastern Australia Airlines is an airline based in Sydney, New South Wales, Australia. It is a regional domestic airline serving 18 destinations under the QantasLink banner. Its main base is Kingsford Smith International Airport, Sydney, with a hub at Melbourne Airport[1]. and Sunstate Airlines Sunstate Airlines is a subsidiary of Qantas which operates regional flights under the QantasLink banner throughout Queensland. The airline was originally an independent company operating in Queensland. . With this order, the QantasLink Bombardier Aerospace fleet will consist of 32 aircraft, of which 12 are Q Series. "We are delighted that Qantas has once again returned to Bombardier to fill its regional aircraft requirements," said John Giraudy, president, Bombardier Regional Aircraft. "Qantas' existing Dash 8 and Q Series fleet has proven to be reliable and passenger friendly. As importantly, the economics of the Q Series especially over short sectors makes this aircraft extremely competitive." Bombardier Aerospace, a unit of Bombardier Inc., is a world leader in the design, and manufacture of innovative aviation products and provides services for the regional, business and amphibious aircraft markets. It also offers Bombardier Flexjet(R) 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 services company, is a world-leading manufacturer of business jets, regional aircraft, rail transportation equipment and motorized mo·tor·ize tr.v. mo·tor·ized, mo·tor·iz·ing, mo·tor·iz·es 1. To equip with a motor. 2. To supply with motor-driven vehicles. 3. To provide with automobiles. recreational products. It also provides financial services and asset management in business areas aligned with its core expertise. Headquartered in Montreal, Canada, the Corporation has a workforce of some 80,000 people in 24 countries throughout the Americas, Europe and Asia-Pacific. Its revenues for the fiscal year ended Jan. 31, 2002 stood at $21.6 billion Cdn. Bombardier trades 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). (R) Registered trademarks of Bombardier Inc. or its subsidiaries. (TM) Trademark of Bombardier Inc. Note to Editors: Images of the QantasLink Bombardier Q300 aircraft are available on our Web site photo gallery at: www.aero.bombardier.com/htmen/F14.jsp |
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