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China Express Airlines Places Firm Order for Three More Bombardier CRJ900 NextGen Airliners

TORONTO, ONTARIO -- (Marketwired) -- 03/31/14 -- Bombardier Aerospace announced today that China Express Airlines has converted previously announced conditional purchase agreements for three CRJ900 NextGen regional jets into a firm order. The conditional purchase agreements for five CRJ900 NextGen aircraft, with options on an additional eight CRJ900 NextGen aircraft, were announced on December 2, 2013, along with a firm order for three CRJ900 NextGen airliners.

Based on list price, the firm order for the three CRJ900 NextGen aircraft is valued at approximately $136 million US.

"China Express' CRJ900 NextGen regional jets have proven to be highly reliable and efficient following their introduction to our fleet in 2012 and our company has entered a rapid expansion period. With its outstanding 99.67 per cent dispatch reliability and unmatched fuel efficiency, the CRJ900 NextGen airliner has surpassed our expectations," said Wu Longjiang, President, China Express. "According to our business plan, we intend to be flying an all-Bombardier fleet of 29 aircraft by 2016. That's just 10 years after we started operations and is an indication of the high productivity of the CRJ900 NextGen aircraft."

China Express, based in Chongqing, provides regional passenger services to 44 cities throughout China with its fleet of five CRJ200 aircraft and nine 84-seat CRJ900 NextGen aircraft. The airline was the first to operate the CRJ900 aircraft in the country.

"We are thrilled to actively support China Express' bold and well-planned expansion strategy. The excellent reliability of China Express' operations demonstrates the suitability and robustness of the CRJ900 NextGen airliner for the Chinese market," said Andy Solem, Vice President, Sales, China and Asia-Pacific, Bombardier Commercial Aircraft. "Bombardier Commercial Aircraft's Sales and Customer Services teams have been making significant strides in China lately, and this latest order is adding to this very exciting momentum."

In total, Bombardier has recorded firm orders for 1,817 CRJ Series aircraft, including 344 CRJ900 and CRJ900 NextGen aircraft. Worldwide, CRJ Series aircraft are in service with more than 60 airlines and more than 30 customers operate corporate variants of the aircraft. The aircraft are operating in over 50 countries on six continents and, on average, a CRJ aircraft takes off every 10 seconds somewhere in the world. CRJ Series aircraft have transported more than 1.4 billion passengers, and have logged more than 38 million flight hours and over 32 million takeoffs and landings.

CRJ900 NextGen aircraft

Like other members of the CRJ Series family of aircraft, the light weight and advanced aerodynamics of the CRJ900 NextGen regional jet combine to deliver improved efficiency and reduced operating costs compared to other aircraft in its class.

Since the launch of the earlier-generation CRJ900 aircraft, enhancements to the CRJ900 NextGen aircraft have resulted in a 5.5 per cent fuel burn reduction. All CRJ NextGen aircraft feature new interiors with larger overhead luggage bins, larger windows, improved LED cabin lighting and redesigned ceiling panels and sidewalls.

About Bombardier

Bombardier is the world's only manufacturer of both planes and trains. Looking far ahead while delivering today, Bombardier is evolving mobility worldwide by answering the call for more efficient, sustainable and enjoyable transportation everywhere. Our vehicles, services and, most of all, our employees are what make us a global leader in transportation.

Bombardier is headquartered in Montreal, Canada. Our shares are traded on the Toronto Stock Exchange (BBD) and we are listed on the Dow Jones Sustainability World and North America Indexes. In the fiscal year ended December 31, 2013, we posted revenues of $18.2 billion. News and information are available at bombardier.com or follow us on Twitter @Bombardier.

Notes to editors

Images of CRJ900 NextGen aircraft in the livery of China Express Airlines are posted with this release in the news releases section at www.aero.bombardier.com

Additional information on CRJ NextGen aircraft is available at: www.crjnextgen.com.

Follow @Bombardier_Aero on Twitter to receive the latest news and updates from Bombardier Aerospace.

Bombardier, CRJ, CRJ200, CRJ900, NextGen and The Evolution of Mobility are trademarks of Bombardier Inc. or its subsidiaries.

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