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Bombardier Sells Four More CRJ900s to Iraq

Bombardier Aerospace announced today that the Government of Iraq has placed a firm order for four additional CRJ900 NextGen regional jets, and has taken options on another ten. The firm-ordered aircraft are conversions of the four options Iraq took when it ordered six CRJ900 NextGen airliners, announced on March 13, 2008.

Based on the list price for the CRJ900 NextGen aircraft, the contract announced today is valued at approximately $159 million U.S. If all ten options are exercised, the value of the contract could rise to $573 million U.S.

The CRJ900 NextGen aircraft will be used to rebuild domestic and regional civil airline services in Iraq.

Total CRJ700 / CRJ900 and CRJ700 / CRJ900 NextGen aircraft firm orders now stand at 570, with 417 delivered as of January 31, 2008.

Bombardier’s CRJ NextGen aircraft were launched in 2007 and are achieving improved economics compared to earlier CRJ Series aircraft. These improvements come from fuel burn savings of up to four per cent and direct maintenance cost reductions achieved through lower airframe maintenance requirements. Maintenance schedule intervals have been increased, and tasks have been harmonized to reduce aircraft down time and labour over the life of the aircraft.

With their reduced fuel burn, the CRJ NextGen aircraft are responding to today’s environmental challenges by offering further reduction to green house gas emissions compared to their nearest competitors.

CRJ NextGen aircraft interiors include improvements designed with the overall passenger experience in mind. The passenger windows have been enlarged and the overhead bins have been modified to accommodate a larger roller bag as well as optimized to store more bags. The addition of LED lighting has brightened the cabin environment while highlighting the improved aesthetics achieved with the new ceiling panel design and dished window sidewalls.

A world-leading manufacturer of innovative transportation solutions, from commercial aircraft and business jets to rail transportation equipment, systems and services, Bombardier Inc. is a global corporation headquartered in Canada. Its revenues for the fiscal year ended Jan. 31, 2008, were $17.5 billion US, and its shares are traded on the Toronto Stock Exchange (BBD). Bombardier is listed as an index component to the Dow Jones Sustainability World and North America indexes.

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Bombardier Sells Four More CRJ900 NextGen Airliners to Iraq