Bombardier Sells Eight CRJ700 NextGen Airliners to Felix Airways

Released on Wednesday, March 12, 2008

Bombardier Aerospace announced today that Felix Airways of Sana'a, Yemen has signed a firm order for eight Bombardier CRJ700 NextGen airliners, and has taken options on an additional three. Felix Airways is owned by Yemenia (Yemen Airways) and strategic investors.

Based on the list price for the CRJ700 NextGen aircraft, the value of the firm contract is estimated at $276 million US. If all options are exercised, the contract value could rise to approximately $385 million US.

"Bombardier's CRJ700 NextGen airliner was selected because of its reliability," said Saleh Alawaji, Chairman, Felix Airways. "We are also certain our passengers will be pleased with the CRJ700 NextGen airliner's speed and comfortable interior."

"We are grateful for the confidence that Felix Airways has shown in the CRJ700 NextGen aircraft and we welcome the airline to the Bombardier family," said Steven Ridolfi, President, Bombardier Regional Aircraft. "The CRJ700 NextGen airliner offers an excellent combination of speed, passenger comfort, fuel economy and environmental compatibility."

The transaction announced today brings the CRJ Series order book to 1,647 aircraft, with 1,471 having been delivered as of January 31, 2008.