Bombardier Signs Deal for up to 128 CRJ200 Regional Jets With Skywest Airlines.Business Editors MONTREAL--(BUSINESS WIRE)--Jan. 15, 2001 Bombardier (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.) 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). today announced the sale of up to 128 CRJ CRJ Canadair Regional Jet CRJ Chiropractic Research Journal CRJ Commission for Racial Justice CRJ Cylinder Reduction Jumper 200* aircraft to St. George, Utah-based SkyWest Airlines
Skywest Airlines Pty Ltd is a regional airline company based in Perth, Australia servicing key towns in the state of Western Australia as well as charter . The transaction includes 64 orders (35 firm orders and 29 conditional orders) plus 64 options. Value of the 64 orders is estimated at approximately U.S.$1.43 billion (Cdn.$2 billion). Including today's order, SkyWest has total commitments for 248 CRJ200 aircraft comprised of 100 firm orders, 29 conditional orders and 119 options. Fifteen of the firm aircraft are delivered and in revenue service. The 29 conditional orders are subject to an extension of the current SkyWest and United operational agreement and are expected to be firmed up in 2002. Deliveries for the new orders (firms and conditionals) will begin in March 2002 and continue through December of 2004. "The aircraft covered in today's announcement will provide SkyWest with the ability to expand our planned United Express operations," said Jerry Atkin Jerry Atkin is currently the Chairman, Chief Executive Officer, and President of Finance of SkyWest, Inc., which operates SkyWest Airlines, Inc., Atkin joined the company in July 1974 as a member of the Board of Directors and the company's Director of Finance. , chairman, president and chief executive officer for SkyWest Airlines. "With the CRJ regional jet as the core of our fleet, we are able to realize significant savings in flight and maintenance training, spare parts Spare parts, also referred to as Service Parts is a term used to indicate extra parts available and in proximity to the mechanical item, such as a automobile, boat, engine, for which they might be used. Spare parts are also called “spares. provisioning and economy of operation," he said. "We are extremely pleased that United and its regional affiliate SkyWest have again selected the CRJ as the regional airliner of choice in their operations," 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. "We are 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. to have made a contribution to their success and service excellence and that they are great contributors to the strength of our CRJ program," he said. "We are clearly delighted to be SkyWest's partner in their dynamic growth," said Steven A. Ridolfi, president, Bombardier Aerospace, Regional Aircraft. "In the earliest days of the CRJ program, SkyWest had the vision and understanding to commit to the regional jet concept. We are proud that SkyWest's confidence in Bombardier and our products has endured and grown since those early days," he said. SkyWest became the third regional air carrier to introduce the CRJ in United Express service when it launched service from United's Denver hub in October 2000. The airline is also the third United Express carrier to re-order the CRJ, clearly positioning the aircraft as the regional jet of choice in the United Express system. Under terms of the contract, SkyWest has 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. SkyWest's current order brings Bombardier's firm orderbook for the CRJ100/200 to 798 aircraft, 460 delivered and a backlog of 338. Options and conditional orders for the 50-seat model CRJ100/200 represent another 615 aircraft, for an overall total of 1,413 units. 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 56,000 people 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 Jan. 31, 2000, totalled Cdn.$13.6 billion. (R) Registered trademark of Bombardier Inc. * Trademark of Bombardier Inc. Note to Editors: Images of CRJ aircraft are available on our website photo gallery at: www.aero.bombardier.com/htmen/F7.htm |
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