Firm Order Contract Means Airline’s Fleet Will Grow To 47 CRJ700 Aircraft

Bombardier Aerospace announced Thursday that AMR Eagle Holding Corporation, the parent company of American Eagle Airlines, Inc. of Fort Worth, Texas will acquire 22 CRJ700 regional jetliners. The transaction represents the conversion of 22 options held by the airline into a firm order contract.

Based on the list price for the CRJ700 aircraft, the contract would be valued at approximately $779 million US. Actual terms of the deal are confidential. “This would be a major order for us at any time, but achieving it during the prevailing tough economic times makes it all the more significant,” said Gary R. Scott, President, Bombardier Commercial Aircraft. “The order also reflects the confidence expressed by AMR Corp. and American Eagle Airlines in our CRJ700 aircraft and we are grateful for their continuing support.”

Including the transaction announced Thursday, Bombardier has recorded orders for 1,695 CRJ Series aircraft, and as of October 31, 2009, 1,569 of these had been delivered. More than 60 operators in 38 countries operate CRJ Series aircraft.

FMI: www.bombardier.com.