Bombardier signs 3.1 billion deal with Repulic . . .

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robbreid
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Bombardier signs 3.1 billion deal with Repulic . . .

Post by robbreid »

Bombardier Aerospace has a $3.1 billion US deal to sell 40 of its CS300 jet airliners to Republic Airways Holdings, a U.S. operator of 1,600 daily flights under half a dozen different airline names.

There is a firm deal for 40 of the planes, and an option on another 40, Montreal-based Bombardier said in a news release Thursday. If the option is exercised, the deal will be worth $6.3 billion US to Bombardier.

With the Republic order, Bombardier now has 90 firm commitments for the longer-range, economical and low-emission planes.

Deliveries will start in 2015, Republic said.

The planes will be configured as a single cabin for 138 passengers.

"The CS300 will help us dramatically reduce our fuel consumption and impact on the environment," Bryan Bedford, chairman, president and CEO of Republic, said in a news release.

Republic, based in Indianapolis, operates 283 planes and owns Chautauqua Airlines, Frontier Airlines, Lynx Aviation, Midwest Airlines, Republic Airlines and Shuttle America.

Source: http://www.cbc.ca/money/story/2010/02/2 ... z0gYgPTA6a

Bombardier Press Release
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ScudRunner
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Re: Bombardier signs 3.1 billion deal with Repulic . . .

Post by ScudRunner »

Good news for Bombardier indeed, I wonder where the Cjet will fall into Republics pay matrix.

http://www.airlinepilotcentral.com/airl ... ublic.html
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flyincanuck
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Re: Bombardier signs 3.1 billion deal with Repulic . . .

Post by flyincanuck »

robbreid wrote:Republic Airways ... a U.S. operator of 1,600 daily flights under half a dozen different airline names.

sllllllllluttt.
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cyeg66
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Re: Bombardier signs 3.1 billion deal with Repulic . . .

Post by cyeg66 »

Please fly some of that metal to YEG and YYC so's to get a good look at them. They look quite slick from the few proto pics I've seen.
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Mig29
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Re: Bombardier signs 3.1 billion deal with Repulic . . .

Post by Mig29 »

flyincanuck wrote:sllllllllluttt.
wonder what is the starting pay going to be with these guys ??? :rolleyes:
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sanjet
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Re: Bombardier signs 3.1 billion deal with Repulic . . .

Post by sanjet »

Great news. Hopefully the development and EIS will be on track (compared to the 787/A380 projects...)
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Terminator
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Re: Bombardier signs 3.1 billion deal with Repulic . . .

Post by Terminator »

This is really bad news ! A regional airline that will pay peanuts to fly a 138 seat airplane.
Our industry is in a free fall... :roll:
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Mig29
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Re: Bombardier signs 3.1 billion deal with Repulic . . .

Post by Mig29 »

that's my point Terminator....by all means, it's great news for Bombardier but for the industry...it means "Flying CheapER" sequel is coming soon on PBS :roll:
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