News from CCNMatthews
Bombardier Sells Three New Q Series Turboprops to Qantas
17:21 EST Friday, January 10, 2003
TORONTO, ONTARIO--Bombardier Aerospace announced today that Qantas Airways of Australia has placed a firm order for three new 50-seat Q300 Series turboprop 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 and Sunstate Airlines.
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 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 (BBD, BOM and BBDd.F).
(R) Registered trademarks of Bombardier Inc. or its subsidiaries. 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
FOR FURTHER INFORMATION PLEASE CONTACT: Bombardier Aerospace, Toronto, Bert Cruickshank, (416) 375-3030, www.aero.bombardier.com
Well its not a big order but it helped push the stock up today along with rail orders.