Bombardier shares soar to three-year high after order from Croatia Airlines
Advertisement
Read this article for free:
or
Already have an account? Log in here »
To continue reading, please subscribe:
Monthly Digital Subscription
$0 for the first 4 weeks*
- Enjoy unlimited reading on winnipegfreepress.com
- Read the E-Edition, our digital replica newspaper
- Access News Break, our award-winning app
- Play interactive puzzles
*No charge for 4 weeks then price increases to the regular rate of $19.95 plus GST every four weeks. Offer available to new and qualified returning subscribers only. Cancel any time.
Monthly Digital Subscription
$4.99/week*
- Enjoy unlimited reading on winnipegfreepress.com
- Read the E-Edition, our digital replica newspaper
- Access News Break, our award-winning app
- Play interactive puzzles
*Billed as $19.95 plus GST every four weeks. Cancel any time.
To continue reading, please subscribe:
Add Free Press access to your Brandon Sun subscription for only an additional
$1 for the first 4 weeks*
*Your next subscription payment will increase by $1.00 and you will be charged $16.99 plus GST for four weeks. After four weeks, your payment will increase to $23.99 plus GST every four weeks.
Read unlimited articles for free today:
or
Already have an account? Log in here »
Hey there, time traveller!
This article was published 04/06/2007 (6796 days ago), so information in it may no longer be current.
TORONTO (CP) – Bombardier Inc. (TSX:BBD.B) shares closed at their highest level in three years after the company announced Monday it signed an order worth US$105 million with Croatia Airlines.
Bombardier shares jumped nine per cent or 51 cents to close at $6.05 on the Toronto Stock Exchange with a volume of nearly 24 million shares. The company said its aerospace division signed an order for four 76-seat Q400 high-speed airliners valued at US$105 million, and has taken options on two additional Q400 aircraft.
It said the Q400 aircraft will replace three 48-seat ATR42 turboprops in Croatia Airlines’ fleet, which also includes four Airbus A320 and four A319 aircraft.
The transaction with Croatia Airlines increases the total number of Q400 aircraft orders to 250, Bombardier said.
As of April 30, Bombardier said 152 of these aircraft had been delivered to customers in Africa, the Asia-Pacific region, Europe, the Middle East and North America.
Croatia Airlines is the national carrier of the Republic of Croatia. It also operates Pleso Prijevoz, a coach operator; and Amadeus Croatia, a partner in the Amadeus joint reservation system.
Bombardier manufactures regional aircraft and business jets as well as rail transportation equipment, systems and services. The Q Series and Q400 are trademarks of Bombardier or its subsidiaries.