Options For Two Additional Airplanes Included In The Deal

Bombardier Aerospace announced Thursday that Estonian Air of Tallinn, Estonia has signed a firm order for three CRJ900 NextGen aircraft and has also taken options on two CRJ900 NextGen aircraft.

Based on the list price for the CRJ900 NextGen aircraft, the contract is valued at approximately $123 million, which could increase to $211 million should both options be converted to firm orders. The firm order announced today replaces the firm order for three CRJ900 NextGen aircraft that
was announced on March 10, 2008 as part of a purchase by SAS Scandinavian Airlines and three of its affiliate airlines, including Estonian Air.

“We require aircraft with less capacity than our mainline jets,” said Andrus Aljas, President and Chief Executive Officer, Estonian Air. “The CRJ900 NextGen aircraft, which offer an excellent combination of performance, operating economics and passenger comfort, are ideally suited for our requirements and will be deployed as part of our fleet optimization program.”

“Estonian Air’s CRJ900 NextGen aircraft will join the 530 CRJ Series and Q-Series aircraft that are in service with, or have been ordered by, operators in Europe,” said Gary R. Scott, President, Bombardier Commercial Aircraft. “These aircraft are an important component in the continent’s airline network as carriers seek to reduce their environmental footprint while sustaining or improving yields.”

Including the order from Estonian Air announced today, Bombardier has recorded firm orders for a total of 1,709 CRJ Series aircraft, including 262 CRJ900 and CRJ900 NextGen aircraft. As of July 31, 2010, 1,597 of these CRJ Series aircraft, including 234 CRJ900 and CRJ900 NextGen aircraft have been delivered.

FMI: www.bombardier.com