Bombardier Aerospace

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TSX : BBD.B


Bombardier Aerospace
Commercial Aircraft Corporation of China Ltd (COMAC)



Commercial Aircraft Corporation of China Ltd (COMAC)

June 17, 2013 03:00 ET

COMAC and Bombardier Sign Strategic Definitive Agreement on Phase II of Long-Term Collaboration

PARIS, FRANCE--(Marketwired - June 17, 2013) - Further to the Definitive Agreement (DA) signed on March 21, 2012 covering program commonalities between the C919 and CSeries aircraft and the Letter of Intent (LOI) signed on November 13, 2012 signaling the beginning of Phase II of their strategic collaboration, Bombardier and the Commercial Aircraft Corporation of China Ltd (COMAC) wish to announce the signing of a DA covering four distinctive projects. The DA is to be executed as part of the second phase of the parties' long-term collaboration on leveraging commonalities between the C919 and CSeries airliners.

The four initiatives COMAC and Bombardier will collaborate on are: 1) specific areas of the CSeries aircraft flight test activities pertaining to non-flying tasks, 2) implementing and maintaining the common items that were achieved as part of Phase I, 3) sales and marketing, and 4) certain areas of customer services related to training, technical publications and parts distribution.

The second phase of COMAC and Bombardier's cooperation is expected to contribute further to enhancing the competitiveness of not only the C919 and CSeries aircraft programs, but also of both COMAC and Bombardier's overall businesses, and will help with maximizing both parties' cost savings and market shares, while allowing customers of the C919 and the CSeries commercial airliners to realize cost benefits from the operation of both aircraft families.

About COMAC

COMAC, founded in May 2008 and headquartered in Shanghai, is the main organization for implementing the trunk liner and regional aircraft programs of China. It is also mandated to realize the industrialization of Chinese civil aircraft. COMAC is a civil aircraft OEM involved in aircraft integration and is mainly engaged in the research, manufacture, testing, and test flight of civil aircraft and related products, as well as sales and services, lease, and operation of civil aircraft. COMAC is committed to providing customers and passengers with modern civil aircraft with safety, economy, comfort and environmentally friendly characteristics. News and information are available at www.comac.cc.

About Bombardier

Bombardier is the world's only manufacturer of both planes and trains. Looking far ahead while delivering today, Bombardier is evolving mobility worldwide by answering the call for more efficient, sustainable and enjoyable transportation everywhere. Our vehicles, services and, most of all, our employees are what make us a global leader in transportation.

Bombardier is headquartered in Montréal, Canada. Our shares are traded on the Toronto Stock Exchange (BBD) and we are listed on the Dow Jones Sustainability World and North America Indexes. In the fiscal year ended December 31, 2012, we posted revenues of $16.8 billion. News and information are available at bombardier.com or follow us on Twitter @Bombardier

Notes to editors

Follow @Bombardier_Aero on Twitter to receive the latest news and updates from Bombardier Aerospace.

Please visit Bombardier's Web site dedicated to its upcoming events at the International Paris Air Show: airshows.bombardier.com.

Bombardier, CSeries and The Evolution of Mobility are trademarks of Bombardier Inc. or its subsidiaries.

C919 is a registered trademark of Commercial Aircraft Corporation of China Ltd.

Contact Information

  • Bombardier Commercial Aircraft
    Marc Duchesne
    514-465-7834

    Bombardier Aerospace
    Haley Dunne
    +1-514-855-7989
    www.bombardier.com

    Commercial Aircraft Corporation of China Ltd (COMAC)
    Cheng Fujiang
    +86-21-3858-8619
    www.comac.cc