Bombardier Sells Two CRJ900 NextGen Airliners to RwandAir

Bombardier Aerospace and RwandAir of Kigali, Rwanda announced on March 19th that RwandAir has signed a firm order for two CRJ900 NextGen regional jets from Bombardier. The transaction also includes options on two additional CRJ900 NextGen aircraft. RwandAir will become the first operator of CRJ900 aircraft in Eastern Africa.

Based on the list price of the CRJ900 NextGen airliner, the firm-order contract is valued at approximately $89 million US. The value of the contract would increase to $185 million US should both options be exercised.

“Our two 50-seat CRJ200 aircraft have performed very well for us and have helped grow our business to the point that we require aircraft with more capacity,” said John Mirenge, Chief Executive Officer, RwandAir. “Based on our experience with the CRJ200 aircraft, the dual-class 75-seat CRJ900 NextGen aircraft was the logical upgrade. CRJ900 NextGen aircraft also provide exceptional reliability and have much in common with other CRJ aircraft. These aircraft will be configured with seven business class seats and 68 economy class seats.

“Other key factors that contributed to our decision to choose the CRJ900 NextGen aircraft are Bombardier’s customer support offering and cooperation,” added Mr. Mirenge.

“In the CRJ900 NextGen regional jet, RwandAir will have an aircraft with the best economics in its class,” said Mike Arcamone, President, Bombardier Commercial Aircraft. “The aircraft is the ideal size to allow the airline to connect its regional markets that have become too large for smaller aircraft, but too small for RwandAir’s larger jets to serve efficiently.”

Operating from Kigali as its hub, RwandAir’s fleet includes larger jet aircraft, as well as two Bombardier CRJ200 regional jets and a Bombardier Dash 8-200 turboprop. The carrier serves most East African Community capital cities with daily flights and it flies to Johannesburg, Brazzaville, Libreville and Dubai.

There are currently more than 200 Bombardier regional jet and turboprop aircraft in service or on firm order with approximately 50 operators in the Middle East and Africa. Bombardier’s Commercial Aircraft Market Forecast for the period 2011-2030 projects that the fleet of Bombardier commercial aircraft in the Middle East and Africa will continue to grow, and that the region will take delivery of almost 1,000 aircraft in the 20- to 149-seat market segments during the forecast period.

Including the order from RwandAir, Bombardier has recorded firm orders for 1,717 CRJ Series aircraft (including 268 CRJ900 and CRJ900 NextGen aircraft), with 1,661 aircraft delivered as of December 31, 2011.

About the CRJ900 NextGen aircraft

Like the other members of the CRJ Series family, the light weight and advanced aerodynamics of the CRJ900 NextGen regional jet deliver improved efficiency and reduced operating costs compared to other aircraft in its class. The combination of larger winglets and other enhancements since the launch of the CRJ900 aircraft give the CRJ900 NextGen regional jet excellent airfield performance and excellent fuel consumption. CRJ900 NextGen aircraft have new interiors with larger overhead luggage bins, larger windows, improved lighting and redesigned ceiling panels and sidewalls.

Worldwide, CRJ Series aircraft are in service with more than 60 airlines and have logged more than 32 million flight hours and 27 million take-off and landing cycles. In addition to airline operations, more than 30 customers operate corporate variants of CRJ Series aircraft.

About RwandAir
RwandAir is the national carrier of the Republic of Rwanda. Operating from Kigali as its hub, the airline boasts a young and ultra modern fleet of jet and turboprop aircraft that is outfitted with the latest on-board amenities for the comfort and safety of its customers.

The airline serves all East African Community capital cities with direct flights, including Kilimanjaro and Mombasa; it flies to Johannesburg in South Africa, Dubai in the Middle East, Brazzaville in the Republic of Congo and Libreville in Gabon. The carrier operates daily flights to the two key domestic tourist destinations of Gisenyi and Kamembe.

The airline has code share agreements with SN Brussels on the Kigali-Brussels Sector, Ethiopian Airlines on the Kigali-Addis Ababa Sector and PrecisionAir, as well as other interline agreements with other carriers in the region and globally.

Its mission is “To provide unsurpassed, safe and reliable services in air transportation, including strategically linking Rwanda with the outside world, while ensuring a fair return on investment.” Its vision is to be “The airline of obvious choice in the markets we serve.” The airline is committed to continuously pursue excellence in everything in all its areas of activity, as part of its core values. It recognizes that its staff remains its most valuable asset and is focused on the creation of a culture of transparency, integrity and teamwork.

About Bombardier
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 December 31, 2011, were $18.3 billion, 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 or follow us on Twitter @Bombardier.


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