09:51 AM EST - Bombardier Inc. : announced that its Aerospace division identified China Express Airlines as the undisclosed Chinese customer in the previously announced CRJ900 NextGen transaction of October 26, 2011. The conditional order for six CRJ900 NextGen aircraft and options on an additional five CRJ900 NextGen aircraft will build upon China Express' existing fleet of CRJ200 aircraft, serving to further enhance the airline's regional network. As previously announced by Bombardier, based on list price, a firm order for the six CRJ900 NextGen aircraft would be valued at approximately $264 million U.S. Should all five options be converted to firm orders, the value of the contract would increase to $491 million U.S. Bombardier Inc.
shares T.BBD.B are trading up $0.01 at $4.83.
