Menu
18/06/2001
BOMBARDIER ANNOUNCE $1.5 BN CONTRACT
CANADIAN aerospace company Bombardier, who own Shorts in Belfast, have announced the purchase 50 of their new CRJ900 regional jets in a deal thought to be worth 1.5 billion US Canadian dollars.
The contract, which has yet to be finalized, was announced at the Paris Air Show on Monday June 18 2001, where the CRJ900 made its debut. The Memorandum of Understanding reached between Bombardier and Deutsche Structured Finance (DSF) in association with Deutsche Operating Leasing (DOL) outlines the sale of 50 aircraft – 30 of the 70-seat Bombardier CRJ700 and 20 of the 86-seat CRJ900 – plus a 30 further aircraft.
The deal will mean a significant rise in work for Shorts, which makes the fuselage for the aircraft.
A spokesman for Bombardier Aerospace in Shorts said: “This is excellent news, not only for Shorts, but for Bombardier as a whole. We have taken on 1500 new staff since May 2000 and this new contract will secure those jobs in Shorts and provide work for us for several years.”
Welcoming the deal Sir Reg Empey, Minister for Enterprise, Trade and Investment, said: "As well as helping to secure employment at Bombardier plants in Belfast, the $1.5 billion contract, when finalised, will contribute to the continued growth of the local aerospace industry which currently employs around 9,000 people and is one of the most technologically focused and export driven sectors.”
Chief managing director of DSF Paul Steinhardt said: “The demand for aircraft, particularly in the regional jet market, is expected to continue on its growth path for the next two decades and we believe the Bombardier CRJ family of regional jets will continue to be the premier brand in the industry.”
Steven Ridolfi, president of Bombardier Regional Aircraft said: “We are extremely pleased that DSF through DOL has exclusively selected the flexibility of the bombardier CRJ family for the regional jet portfolio.” (AMcE)
The contract, which has yet to be finalized, was announced at the Paris Air Show on Monday June 18 2001, where the CRJ900 made its debut. The Memorandum of Understanding reached between Bombardier and Deutsche Structured Finance (DSF) in association with Deutsche Operating Leasing (DOL) outlines the sale of 50 aircraft – 30 of the 70-seat Bombardier CRJ700 and 20 of the 86-seat CRJ900 – plus a 30 further aircraft.
The deal will mean a significant rise in work for Shorts, which makes the fuselage for the aircraft.
A spokesman for Bombardier Aerospace in Shorts said: “This is excellent news, not only for Shorts, but for Bombardier as a whole. We have taken on 1500 new staff since May 2000 and this new contract will secure those jobs in Shorts and provide work for us for several years.”
Welcoming the deal Sir Reg Empey, Minister for Enterprise, Trade and Investment, said: "As well as helping to secure employment at Bombardier plants in Belfast, the $1.5 billion contract, when finalised, will contribute to the continued growth of the local aerospace industry which currently employs around 9,000 people and is one of the most technologically focused and export driven sectors.”
Chief managing director of DSF Paul Steinhardt said: “The demand for aircraft, particularly in the regional jet market, is expected to continue on its growth path for the next two decades and we believe the Bombardier CRJ family of regional jets will continue to be the premier brand in the industry.”
Steven Ridolfi, president of Bombardier Regional Aircraft said: “We are extremely pleased that DSF through DOL has exclusively selected the flexibility of the bombardier CRJ family for the regional jet portfolio.” (AMcE)
Related Northern Ireland News Stories
Click here for the latest headlines.
25 November 2024
Visit Belfast Celebrates 25 Years of Transforming Tourism Landscape
Visit Belfast, the city's dedicated Destination Marketing and Management Organisation (DMMO), is celebrating a quarter-century of success.
Visit Belfast Celebrates 25 Years of Transforming Tourism Landscape
Visit Belfast, the city's dedicated Destination Marketing and Management Organisation (DMMO), is celebrating a quarter-century of success.
21 November 2024
5 New Trends Sweeping The Online Gaming Industry
Online gaming is constantly changing. Each year, new trends emerge that shape the experiences of millions of players worldwide. This year is no different, with several exciting shifts capturing the attention of gamers everywhere.
5 New Trends Sweeping The Online Gaming Industry
Online gaming is constantly changing. Each year, new trends emerge that shape the experiences of millions of players worldwide. This year is no different, with several exciting shifts capturing the attention of gamers everywhere.
19 November 2024
Seating Matters To Create 62 New Jobs In £3.7m Investment
Economy Minister Conor Murphy has announced a significant investment by Seating Matters, a leading global manufacturer of therapeutic seating solutions. The company will invest £3.7 million in its facilities in Limavady and Derry, creating 62 new jobs over the next two years.
Seating Matters To Create 62 New Jobs In £3.7m Investment
Economy Minister Conor Murphy has announced a significant investment by Seating Matters, a leading global manufacturer of therapeutic seating solutions. The company will invest £3.7 million in its facilities in Limavady and Derry, creating 62 new jobs over the next two years.
18 November 2024
Belfast's Vacant To Vibrant Scheme To Expand Citywide
A successful scheme aimed at transforming vacant properties in Belfast city centre into thriving businesses is set to be extended across the entire city. Belfast City Council's Vacant to Vibrant programme has already breathed new life into 26 properties, with another six sites in the pipeline.
Belfast's Vacant To Vibrant Scheme To Expand Citywide
A successful scheme aimed at transforming vacant properties in Belfast city centre into thriving businesses is set to be extended across the entire city. Belfast City Council's Vacant to Vibrant programme has already breathed new life into 26 properties, with another six sites in the pipeline.
15 November 2024
Belfast City Council Approves Range Of Transformative Projects
Belfast City Council's Planning Committee has given the green light to a series of projects aimed at transforming the city's landscape. One significant development is the redevelopment of the former police station at 21 Queen Street into a 74-bedroom hotel.
Belfast City Council Approves Range Of Transformative Projects
Belfast City Council's Planning Committee has given the green light to a series of projects aimed at transforming the city's landscape. One significant development is the redevelopment of the former police station at 21 Queen Street into a 74-bedroom hotel.
-
Northern Ireland WeatherThis Evening and Tonight:Rain clearing away east by early evening with some clear spells but a few showers likely to affect the North coast and other areas towards dawn, remaining breezy and mild overnight. Minimum temperature 9 °C.
