Nordic Aviation Capital Orders Twelve Bombardier CRJ1000 NextGen Aircraft to Be Leased to Garuda Indonesia
June 20 2012 - 10:33AM
Marketwired
Bombardier Aerospace announced today that a wholly owned subsidiary
of Nordic Aviation Capital A/S of Billund, Denmark has signed a
firm purchase agreement for twelve CRJ1000 NextGen aircraft. Nordic
Aviation Capital has confirmed that the aircraft will be leased to
Garuda Indonesia, Bombardier's previously announced launch customer
for the CRJ1000 NextGen aircraft in the Asia-Pacific region. Nordic
Aviation Capital is one of the world's largest lessors of regional
aircraft, with a portfolio of over 160 turboprop and jet aircraft
serving more than 30 customers in 20 countries.
Based on the list price of the CRJ1000 NextGen aircraft, the
firm order is valued at approximately $595 million US.
"Nordic Aviation Capital's order, as well as recent transactions
undertaken by other third party financiers to provide CRJ1000
NextGen aircraft to Air Nostrum of Spain, illustrate that these
aircraft present attractive financing and leasing opportunities for
airlines and investors," said Mike Arcamone, President, Bombardier
Commercial Aircraft.
Garuda's twelve leased CRJ1000 NextGen aircraft, plus six
firm-ordered directly from Bombardier in February 2012, will result
in a fleet of 18 CRJ1000 NextGen aircraft. Should the airline also
convert the 18 options placed with Bombardier, its fleet of CRJ1000
NextGen aircraft would increase to 36. Based at Soekarno-Hatta
International Airport near Jakarta, Garuda Indonesia was
established in January 1949. The airline currently operates a fleet
of 92 commercial aircraft serving 31 domestic and 19 international
destinations.
"Although it is a relatively new product, the Bombardier CRJ1000
NextGen aircraft is performing extremely well with its current
operators, delivering exceptional reliability and the lowest
seat-mile costs in its market segment," said Martin Moller,
Chairman, Nordic Aviation Capital. "We are therefore delighted to
be acquiring these high-quality assets and assisting Garuda
Indonesia in carrying out its business plan."
"The CRJ1000 NextGen aircraft's superior economics, outstanding
fuel economy and excellent passenger comfort ideally meet our
requirement for 100- seat aircraft; and the acquisition of these
twelve additional aircraft via Nordic Aviation Capital is integral
to our network expansion from five regional hubs," said Emirsyah
Satar, President and Chief Executive Officer, Garuda Indonesia.
"The significant market potential and outstanding value
retention of the CRJ1000 NextGen aircraft, as well as the broad
base of CRJ aircraft operators around the world, are all positive
factors contributing to the interest from leasing companies," said
Mairead Lavery, Vice President, Strategy, Business Development and
Structured Finance, Bombardier Aerospace. "We are pleased to see
that leasing companies such as Nordic Aviation Capital have
recognized the outstanding in-service performance and reliability
of the CRJ1000 NextGen aircraft."
Including the order from Nordic Aviation Capital, Bombardier has
recorded firm orders for 1,729 CRJ Series aircraft, with 1,665
delivered as of March 31, 2012. 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, and on average, a CRJ aircraft
takes off every ten seconds somewhere in the world.
CRJ1000 NextGen aircraft
Designed specifically to meet the needs of airlines in
high-frequency regional markets, the CRJ1000 NextGen aircraft is
achieving the lowest cash operating cost per mile and per seat for
operators in its market segment, while delivering extra range,
exceptional reliability and a greener footprint. The CRJ1000
NextGen aircraft delivers the lowest fuel burn per seat of any
in-production regional or narrowbody aircraft with fewer than 130
seats. CRJ NextGen aircraft provide an outstanding passenger
environment with a new interior that features larger overhead
luggage bins, larger windows, improved 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, 2011, we posted revenues of $18.3
billion USD. News and information are available at bombardier.com
or follow us on Twitter @Bombardier.
Notes to editors
Images of Garuda Indonesia CRJ1000 NextGen aircraft and
additional information on CRJ NextGen aircraft are available at:
www.aero.bombardier.com and www.crjnextgen.com.
Follow @Bombardier_Aero on Twitter to receive the latest news
and updates from Bombardier Aerospace.
Visit Bombardier Commercial Aircraft's "one stop" news centre
for news, product information, videos, photos and social media
activity: http://Press.CommercialAircraft.Bombardier.com
Bombardier, CRJ, CRJ1000 and NextGen are trademarks of
Bombardier Inc. or its subsidiaries.
Contacts: Marc Duchesne Bombardier Commercial Aircraft
+1-416-375-3030 www.bombardier.com
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