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Bombardier Sells CRJ200 In Italy (Mar. 15)



Bombardier Aerospace has finalized a deal with Italian airline Air Dolomiti for the sale of three CRJ200 aircraft. The transaction, valued at approximately $66 million U.S. ($99 million Cdn.), represents the conversion of three existing options to firm orders by Air Dolomiti.

The airline completed the deal at the time of its first CRJ200 delivery from a previous order for three aircraft. The airline is scheduled to receive the second CRJ200 from its original order later this month and third aircraft in April while two of the newly ordered aircraft are expected to be delivered in the first quarter of 2002 and the final aircraft in the first quarter of 2003.

Air Dolomiti will be the first airline in Italy and the 12th in Europe to put Bombardier's CRJ* into service.

The newly delivered aircraft will enter service on March 25th on Air Dolomiti's Milano-Linate/Berlin route. The Air Dolomiti CRJ fleet will serve international flights to Amsterdam, Barcelona, Brussels, Paris and Vienna from its operational base in Verona. The airline currently serves 16 destinations with 518 flights per week.

Since beginning operations in 1991, Air Dolomiti has become the main regional airline in Italy and was named Airline of the Year in 1998 by the European Regions Airline Association. Air Dolomiti is majority held by the Leali family and 26 per cent by Lufthansa.

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 and regional jet aircraft and the widest range of business jets.

Bombardier Inc., a diversified manufacturing and service company, is a world leading manufacturer of business jets, regional aircraft, rail transportation equipment and motorized 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.

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Bombardier Completes Three Aircraft Deal With Italian Regional Airline Air Dolomiti