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12/05/2003
US Airway's $7bn deal secures Bombardier jobs
Bombardier Aerospace has secured a contract with US Airways worth $7 billion for an order of up to 275 new aircraft.
The contract means that the jobs of more than 3,000 employees at Bombardier's Shorts plant will be secured. However it is not thought the order will have an impact on the company's recent redundancy announcement.
At present 600 workers are likely to lose their jobs next month, with another 600 under threat.
Commenting on the deal, US Airways president and chief executive officer, David Siegel said: “These new regional jets will enable US Airways to generate additional revenue by growing our route network and competing more vigorously in short to medium-length haul markets.
“Regional jets will allow us to replace and complement larger jet aircraft on routes with poor to marginal performance, which then can be re-deployed to operate in more profitable destinations.”
Steven Ridolfi, president of Bombardier Regional Aircraft, added: “Their decision to acquire both the Bombardier CRJ200 and CRJ700 is an endorsement of the proven economics and commonality benefits of the Bombardier CRJ family.
"It also underscores the opportunities for lower operating costs and increased profit with larger size Bombardier CRJ aircraft.”
US Airways is the seventh largest airline in the US serving nearly 200 communities in North America, Mexico, the Caribbean and Europe.
The deal with Bombardier is for a mixture of 50 and 75 seat regional jets.
(MB)
The contract means that the jobs of more than 3,000 employees at Bombardier's Shorts plant will be secured. However it is not thought the order will have an impact on the company's recent redundancy announcement.
At present 600 workers are likely to lose their jobs next month, with another 600 under threat.
Commenting on the deal, US Airways president and chief executive officer, David Siegel said: “These new regional jets will enable US Airways to generate additional revenue by growing our route network and competing more vigorously in short to medium-length haul markets.
“Regional jets will allow us to replace and complement larger jet aircraft on routes with poor to marginal performance, which then can be re-deployed to operate in more profitable destinations.”
Steven Ridolfi, president of Bombardier Regional Aircraft, added: “Their decision to acquire both the Bombardier CRJ200 and CRJ700 is an endorsement of the proven economics and commonality benefits of the Bombardier CRJ family.
"It also underscores the opportunities for lower operating costs and increased profit with larger size Bombardier CRJ aircraft.”
US Airways is the seventh largest airline in the US serving nearly 200 communities in North America, Mexico, the Caribbean and Europe.
The deal with Bombardier is for a mixture of 50 and 75 seat regional jets.
(MB)
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Shorts announce 1,000 job cuts
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Shorts announce 1,000 job cuts
Shorts have announced an accelerated set of cutbacks that will see over 1,000 jobs go at the Belfast aerospace company. According to Bombardier, the move to cut the Belfast workforce follows on from a decision by the workforce to reject changes in pay and conditions at the plant.
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Northern Ireland WeatherToday:A chilly start with a widespread frost and some freezing fog, any freezing fog slow to clear. Otherwise bright with sunny spells and coastal showers. Light winds. Maximum temperature 6 °C.Tonight:Coastal showers dying out with a widespread frost developing along with freezing fog, which could become extensive. Winds remaining light. Minimum temperature -3 °C.
