Bombardier Signs New Customer in Central Europe as Malev Hungarian Airlines Orders CRJ200.Business Editors TORORNTO--(BUSINESS WIRE)--March 18, 2002 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.) announced today that Malev Hungarian Airlines of Budapest, Hungary has placed a firm order for two 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. 200(a) ER (Extended Range) regional jets. The airline took options on an additional six Bombardier CRJ(a) aircraft. Malev is the 14th European airline to order the trend-setting regional jetliner and delivery of the two aircraft is scheduled for June and July 2002. Malev, Hungary's national airline, plans to use the 50-seat Bombardier CRJ aircraft to feed its own hub at Budapest's Ferihegy Airport, as well as its KLM/Northwest code-sharing partners. Malev also intends to add regional services between Budapest and points in the Ukraine, Romania and the Balkans, and between Budapest and points in Western Europe Western Europe The countries of western Europe, especially those that are allied with the United States and Canada in the North Atlantic Treaty Organization (established 1949 and usually known as NATO). . The Bombardier CRJ will be Malev's first regional aircraft. Its current fleet consists of 23 aircraft including two Boeing 767, 15 Boeing 737 and six Fokker 70 jets serving 40 destinations in Europe, the Middle East, the U.S. and Canada. "We selected the Bombardier CRJ because of the long term value proposition, its reliability and economy of operation," said Jozsef Varadi, chief executive officer, Malev. "We look forward to providing our passengers with this modern, comfortable aircraft that will raise regional air travel in Central and Eastern Europe The term "Central and Eastern Europe" came into wide spread use, replacing "Eastern bloc", to describe former Communist countries in Europe, after the collapse of the Iron Curtain in 1989/90. to new levels." John Giraudy, president Bombardier Regional Aircraft, said, "We are delighted that Malev has chosen the Bombardier CRJ for its new regional operations. Eastern Europe Eastern Europe The countries of eastern Europe, especially those that were allied with the USSR in the Warsaw Pact, which was established in 1955 and dissolved in 1991. is becoming an important market for modern regional aircraft and we look forward to having Malev showcase the Bombardier CRJ in that part of the world." In 2001, Malev carried 2.2 million passengers at an average load factor of 60 per cent and earned revenues of $360 million U.S. Bombardier's family of regional jets includes the 50-seat Bombardier CRJ200, 70-seat CRJ CRJ Canadair Regional Jet CRJ Chiropractic Research Journal CRJ Commission for Racial Justice CRJ Cylinder Reduction Jumper 700(a) and 86-seat CRJ900(a), the latter of which is scheduled to enter airline service in the first quarter of 2003. In addition to their low operating costs operating costs npl → gastos mpl operacionales , Bombardier CRJ aircraft offer commonality in crewing, maintenance, spare parts and customer support. The most successful regional aircraft program in history, the Bombardier CRJ family has amassed 1,177 firm orders, of which 644 have been delivered as of Feb. 28, 2002. Bombardier Aerospace, a unit of Bombardier Inc., is a world leader in the design and manufacture of innovative aviation products and 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 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 79,000 people in 24 countries in the Americas, Europe and Asia-Pacific and its revenues for its fiscal year ended Jan. 31, 2001 totalled $16.1 billion Cdn. (R) Registered trademark of Bombardier Inc. (a) Trademarks of Bombardier Inc. Note to Editors: Image of Bombardier CRJ200 aircraft is available on our Web site press release photo gallery at: www.aero.bombardier.com/htmen/F15.jsp |
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