Wed, Oct 12, 2005
That's 18 Conversions And Four Firm New Orders
Bombardier Aerospace said Tuesday
that SkyWest of St. George, UT, has wrapped up a deal for 22
Bombardier CRJ700 regional jets for its Delta Connection operation.
The transaction includes conversion rights to other Bombardier CRJ
aircraft. In addition, the 80 options for CRJ700 aircraft
previously announced were reaffirmed as part of this agreement.
The revised contract is valued at approximately $798 million. If
all options are exercised, the entire order could be worth $ 3.7
billion US.
This transaction converts the 18 Delta Air Lines CRJ200 aircraft
on backlog assumed by SkyWest as part of their recent acquisition
of Atlantic Southeast Airlines (ASA) and includes four incremental
orders. SkyWest also retains 15 CRJ700 firm orders on Bombardier's
backlog from a previous transaction.
"With our recent purchase of Atlantic Southeast Airlines, we
agreed to add 22 regional jets to the Delta Connection route
network," said Jerry Atkin, Chairman, President and Chief Executive
Officer, SkyWest Inc. "The CRJ700 continues to meet our growth
requirements because of the benefit of commonality with existing
CRJ fleets at SkyWest Airlines and Atlantic Southeast
Airlines."
"We are very proud of our long partnership with SkyWest," said
Steven Ridolfi, President, Bombardier Regional Aircraft. "We
appreciate this endorsement of the CRJ Series and the CRJ700 as the
regional jet of choice for both SkyWest and Delta Connection in
order to meet their future system and market requirements. The
CRJ700 aircraft's low operating costs represent a real benefit to
operators in today's challenging market."
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