Bombardier Aerospace

Bombardier Aerospace

March 07, 2005 09:26 ET

Bombardier CRJ700 Engine Upgrade Offers Important Cost Savings


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: BOMBARDIER AEROSPACE

TSX SYMBOL: BBD.MV.A

MARCH 7, 2005 - 09:26 ET

Bombardier CRJ700 Engine Upgrade Offers Important Cost
Savings

TORONTO, ONTARIO--(CCNMatthews - March 7, 2005) -

Bombardier adds value to its CRJ family of aircraft

Bombardier Aerospace announced today an engine upgrade for the
Bombardier CRJ700 aircraft, that will offer operators savings of up to
15 per cent in engine maintenance costs over 15 years.

The program upgrades the General Electric CF34-8C1 engine of the CRJ700
jetliner to a variant of the CF34-8C5 engine used on the Bombardier
CRJ900 aircraft. The new engine, designated the CF34-8C5B1, is scheduled
to be fitted to production CRJ700 aircraft starting in the second
quarter of 2005.

Operators will realize maintenance cost savings because the new engine
will be operated at lower thrust levels than the CF34-8C5, extending its
time in service before overhaul, extending the life of engine parts and
lowering direct maintenance costs.

General Electric is offering existing operators the opportunity to
upgrade their engines when they come due for their first major shop
visit. This will allow the current in-service CRJ700 fleet to take
advantage of the new CF34-8C5B1 engine. The upgrade will provide a
common engine for the CRJ700 and CRJ900 aircraft, allowing a single
spare engine type to support a mixed CRJ700/CRJ900 fleet, thereby
simplifying fleet management and significantly reducing spares
investment. The upgrade will also enable General Electric to focus its
development efforts and resources on a single engine type to continue to
introduce further engine improvements.

"The introduction of a common engine for the CRJ700 and CRJ900 aircraft
increases the overall parts commonality between the two aircraft types
to a very high level," said Rod Williams, vice-president, Aircraft
Programs, Bombardier Regional Aircraft. "This represents a considerable
savings in spares and maintenance costs."

About Bombardier

A world-leading manufacturer of innovative transportation solutions,
from regional aircraft and business jets to rail transportation
equipment, Bombardier Inc. is a global corporation headquartered in
Canada. Its revenues for the fiscal year ended Jan. 31, 2004 were $15.5
billion US and its shares are traded on the Toronto and Frankfurt stock
exchanges (BBD and BBDd.F). News and information are available at
www.bombardier.com.

Bombardier, CRJ Series, CRJ700 and CRJ900 are trademarks of Bombardier
Inc. or its subsidiaries.

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