Atlantic Coast Airlines and Bombardier Aerospace Agree On
Revised Delivery Schedule for RJs
Atlantic Coast Airlines, the Dulles, VA-based
United Express and Delta Connection regional carrier (ACA) has
announced that it has agreed with Bombardier Aerospace on a revised
schedule for its remaining CRJ-200 aircraft originally scheduled to
be delivered through April 2004 for its United Express program. The
new schedule is as follows:
6 will be delivered immediately
2 will be delivered during the fourth quarter 2003
6 will be delivered during the fourth quarter 2004
28 will be delivered in 2005
Financing has been arranged for the eight aircraft to be
delivered in 2003 using a mix of traditional and non-traditional
financing sources. ACA anticipates that it will be the equity owner
of at least six of these aircraft. The arrangement with Bombardier
also provides ACA with further flexibility with respect to the
aircraft now scheduled for delivery after 2003, dependent on its
reaching a satisfactory arrangement with United Airlines. The
company anticipates that it will remove six of its J-41 turboprop
aircraft from its United Express service in the coming months.
ACA operates as United Express and Delta Connection in the
Eastern and Midwestern United States as well as Canada. The company
has a fleet of 142 aircraft -- including a total of 112 regional
jets -- and offers over 825 daily departures, serving 84
destinations. Atlantic Coast Airlines employs over 4,800 aviation
professionals.
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