Bombardier Signs Contract With Air Wisconsin for up to 150 CRJ200 Regional Jets.Business Editors TORONTO--(BUSINESS WIRE)--April 16, 2001 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). (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.)(TSE:BBD.B.) today announced it has finalized a contract with Air Wisconsin Air Wisconsin is an airline based in Appleton, Wisconsin, USA. Air Wisconsin Airlines Corporation, or AWAC, is the largest privately held regional and commuter airline which operates regional jet flights as US Airways Express under contract to US Airways, serving around 70 Airlines Corporation for the sale of up to 150 CRJ CRJ Canadair Regional Jet CRJ Chiropractic Research Journal CRJ Commission for Racial Justice CRJ Cylinder Reduction Jumper 200* aircraft including 75 orders (51 firm orders and 24 conditional orders) plus 75 options. Value of the 75 firm and conditional orders is estimated at approximately U.S.$1.68 billion (Cdn.$2.35 billion). "We are extremely pleased to be Air Wisconsin's partner," said Steven Ridolfi, president of Bombardier Aerospace, Regional Aircraft. "Air Wisconsin has been a terrific success story and their potential is clearly demonstrated by the size of this order. We are very gratified grat·i·fy tr.v. grat·i·fied, grat·i·fy·ing, grat·i·fies 1. To please or satisfy: His achievement gratified his father. See Synonyms at please. 2. that every United Express operator has selected the CRJ as their regional airliner of choice." "We intend to deploy our CRJ fleet out of our Chicago and Denver hubs," said Air Wisconsin chairman, president and chief executive officer Geoff Crowley. "The new CRJ fleet will provide a benchmark standard in our operations on behalf of United Express throughout our route network," he said. "This order brings our total backlog of orders for the CRJ* family to 551 aircraft," said Michael Graff, president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. , Bombardier Aerospace. "The CRJ has revolutionized the airline industry and has clearly demonstrated its economic worth in operational service," he added. Based in Appleton, Wisconsin, Air Wisconsin currently operates nine CRJ200 aircraft. Deliveries for the new tranche of aircraft will begin in September 2001. Under terms of the contract, Air Wisconsin will have the flexibility to operate a mix of 40-, 44-, and 50-passenger CRJ200 models in its fleet to tailor seating capacity to specific route requirements. Bombardier Aerospace, a unit of Bombardier Inc., is the leading business, regional and amphibious aircraft manufacturer. With full design and production capabilities in three countries, it offers the most comprehensive 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 and the widest range of business jets. It also provides the Flexjet(R) fractional business aircraft ownership program, 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 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 is also a provider of financial services and asset management. The Corporation employs 58,000 people in 12 countries in North America, Europe and Asia, and more than 90% of its revenues are generated outside Canada. Bombardier's revenues for its fiscal year ended Jan. 31, 2001 totalled $16.1 billion. (R) Registered trademark of Bombardier Inc. * Trademark of Bombardier Inc. Note to Editors: Images of Air Wisconsin CRJ aircraft in United Express livery are available on our web site photo gallery at: www.aerospace.bombardier.com/htmen/F15.htm |
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