Garuda Indonesia Confirmed as Previously Unidentified Bombardier CRJ1000 NextGen Aircraft Buyer

During a joint press briefing at the Singapore Airshow today, Bombardier Aerospace and Indonesian flag carrier, PT. Garuda Indonesia (Persero) Tbk. confirmed that the airline is the unidentified customer that ordered the six CRJ1000 NextGen regional jets and placed 18 options, announced by Bombardier on February 10, 2012.

As previously announced, based on the list price of the CRJ1000 NextGen aircraft, the airline’s firm order is valued at approximately $297 million US and could increase to approximately $1.32 billion US should all 18 options be exercised.

“The Bombardier CRJ1000 NextGen airliner’s superior economics, outstanding fuel economy and excellent passenger comfort ideally meet our requirement for 100- seat aircraft to service domestic and regional markets from five regional hubs,” said Emirsyah Satar, President and Chief Executive Officer, Garuda Indonesia. “The addition of the CRJ1000 NextGen aircraft will be integral to our network expansion and growth markets.”

“The CRJ1000 NextGen regional jet continues to perform beyond expectations with its current operators, and we are thrilled to welcome Garuda Indonesia as the aircraft’s launch customer in the Asia-Pacific region,” said Mike Arcamone, President, Bombardier Commercial Aircraft. “The CRJ1000 NextGen aircraft is achieving the lowest seat-mile costs in its market segment; delivering exceptional reliability; and contributing to more sustainable aviation with its reduced environmental footprint.

“We are also thrilled that Garuda Indonesia has announced that it intends to acquire additional new CRJ1000 NextGen aircraft,” added Mr. Arcamone.

Including the order from Garuda Indonesia, more than 300 Bombardier CSeries, CRJ and Q-Series commercial aircraft are on order, or are currently operating in the Asia-Pacific region. Bombardier forecasts that the Asia-Pacific region (including China) will take delivery of approximately 4,000 aircraft in the 20- to 149-seat category over the next twenty years.

Worldwide, CRJ Series aircraft are in service with more than 60 airlines and have logged more than 31 million flight hours and 26 million take-off and landing cycles. In addition to airline operations, more than 30 customers operate corporate variants of CRJ Series aircraft.

Including the order from Garuda Indonesia, Bombardier has recorded firm orders for 1,715 CRJ Series aircraft, with 1,661 delivered as of December 31, 2011.
BOMBARDIER