- Airline’s fleet will grow to include 47 CRJ700 aircraft
- Letter of Intent made public in September – now firm order contract
Bombardier Aerospace announced today that AMR Eagle Holding Corporation, the parent company of American Eagle Airlines, Inc. of Fort Worth, Texas will acquire 22 CRJ700 regional jetliners. The transaction represents the conversion of 22 options held by the airline into a firm order contract.
Based on the list price for the CRJ700 aircraft, the contract would be valued at approximately $779 million US. Actual terms of the deal are confidential.
“This would be a major order for us at any time, but achieving it during the prevailing tough economic times makes it all the more significant,” said Gary R. Scott, President, Bombardier Commercial Aircraft. “The order also reflects the confidence expressed by AMR Corp. and American Eagle Airlines in our CRJ700 aircraft and we are grateful for their continuing support.”
Including the transaction announced today, Bombardier has recorded orders for 1,695 CRJ Series aircraft, and as of October 31, 2009, 1,569 of these had been delivered. More than 60 operators in 38 countries operate CRJ Series aircraft.
A world-leading manufacturer of innovative transportation solutions, from commercial aircraft and business jets to rail transportation equipment, systems and services, Bombardier Inc. is a global corporation headquartered in Canada. Its revenues for the fiscal year ended Jan. 31, 2009, were $19.7 billion US, and its shares are traded on the Toronto Stock Exchange (BBD). Bombardier is listed as an index component to the Dow Jones Sustainability World and North America indexes. News and information are available at www.bombardier.com.
About American Eagle
American Eagle operates over 1,500 daily flights to nearly 160 cities throughout the United States, Canada, the Bahamas, Mexico and the Caribbean on behalf of American Airlines. American, American Eagle and the AmericanConnection® airlines serve 250 cities in 40 countries with, on average, more than 3,400 daily flights. The combined network fleet numbers more than 900 aircraft. American's award-winning Web site, AA.com, provides users with easy access to check and book fares, plus personalized news, information and travel offers. American Airlines is a founding member of the oneworld® Alliance, which brings together some of the best and biggest names in the airline business, enabling them to offer their customers more services and benefits than any airline can provide on its own. Together, its members serve more than 700 destinations in over 140 countries and territories. American Airlines, Inc. and American Eagle Airlines, Inc. are subsidiaries of AMR Corporation. AmericanAirlines, American Eagle, AmericanConnection, AA.com We know why you fly and AAdvantage are registered trademarks of American Airlines, Inc. (NYSE: AMR).
Note to Editors
Photos: American Eagle Airlines CRJ700 aircraft.
Bombardier, CRJ and CRJ700 are trademarks of Bombardier Inc. or its subsidiaries.
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