GECAS To Acquire Five Bombardier CRJ700 Regional Jets

Toronto (BOMBARDIER) - Bombardier Aerospace announced today that GE Commercial Aviation Services (GECAS) will acquire five Bombardier CRJ700 regional jets for subsequent lease to St. Louis, Missouri-based GoJet Airlines for the carrier’s United Express service. Four of the aircraft are conversions of existing GECAS CRJ700 conditional orders and one is a new firm order.

The list price value for the five aircraft on firm order is approximately $154 million US.

“Since we began operations on October 4, 2005 the CRJ700 airliner has more than met our expectations,” said Richard Leach, President and Chief Operating Officer, Trans States Holdings, GoJet’s parent company. “Its operating economics are unbeatable in this class of aircraft and that’s vital in this time of high fuel costs. Economics and passenger comfort are compelling reasons for adding to the fleet.”

“We believe that the CRJ700 and the larger Bombardier CRJ900 aircraft are the most flexible, versatile and cost-effective regional jets in their class,” said Steven Ridolfi, President, Bombardier Regional Aircraft. “More and more airlines around the world are discovering this fact.”

Delivery of the five aircraft to GoJet will increase its CRJ700 fleet to 15 aircraft. The CRJ700 airliner in the United Express configuration has 66 seats – six First Class seats at 37-inch(94 cm) pitch, 28 United Economy PlusSM seats at 34-inch (86.4 cm) pitch and 22 Economy seats at 31-inch (78.7 cm) pitch.

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