Bombardier Aerospace
TSX : BBD.A
TSX : BBD.B

Bombardier Aerospace

November 20, 2007 17:35 ET

Bombardier Sells Four CRJ700 NextGen Regional Jets to GoJet Airlines

TORONTO, ONTARIO--(Marketwire - Nov. 20, 2007) - Bombardier Aerospace announced today that GoJet Airlines of St. Louis, Missouri has signed a contract to acquire four Bombardier CRJ700 NextGen airliners.

The value of the firm order, based on the list price for the CRJ700 NextGen aircraft, is approximately $137.5 million U.S.

GoJet Airlines has been operating CRJ700 jetliners since 2005 and currently has 15 of the aircraft in its fleet.

"Our passengers have high praise for the reliability, economy of operation and passenger comfort of the Bombardier CRJ700 aircraft," said Richard Leach, President of Trans States Holdings, Inc., parent company of GoJet Airlines. "We look forward to introducing the CRJ700 NextGen aircraft with their all-new interiors and reduced costs of operation and maintenance."

"Our investment in the CRJ NextGen aircraft program is being quickly justified," said Steven Ridolfi, President, Bombardier Regional Aircraft. "GoJet Airlines is the 11th operator to order a CRJ NextGen airliner since the program was launched in the Spring of 2007."

Bombardier's CRJ NextGen aircraft are the next step in the evolution of the CRJ Series, the world's most successful family of regional aircraft. In February 2007, Bombardier launched the 100-seat CRJ1000 regional jet, and a few months later, in May, announced that the interiors and windows for this aircraft would also be available in CRJ700 NextGen and CRJ900 NextGen regional jets.

In addition, compared to the classic CRJ700 and CRJ900 aircraft, the CRJ700 NextGen and CRJ900 NextGen regional jets offer reduced fuel consumption, lower trip operating costs and lower airframe direct maintenance costs. The CRJ1000 NextGen jet is currently in development and scheduled for initial deliveries late in 2009.

About Bombardier

A world-leading manufacturer of innovative transportation solutions, from regional 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, 2007, were $14.8 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. News and information are available at www.bombardier.com.

Bombardier, CRJ, CRJ700, CRJ900, CRJ1000 and NextGen are trademarks of Bombardier Inc. or its subsidiaries.

Contact Information