American Eagle to acquire 22 Bombardier CRJ700 Regional Jets

Airline's fleet will grow to include 47 CRJ700 aircraft

Letter of Intent made public in September - now firm order contract

(Toronto, December 3, 2009) -- Bombardier Aerospace announced today that AMR Eagle Holding Corporation, the parent company of American Eagle Airlines, Inc. of Fort Worth, Texas will acquire 22 CRJ700 regional jetliners. The transaction represents the conversion of 22 options held by the airline into a firm order contract.

Based on the list price for the CRJ700 aircraft, the contract would be valued at approximately $779 million US. Actual terms of the deal are confidential.

"This would be a major order for us at any time, but achieving it during the prevailing tough economic times makes it all the more significant," said Gary R. Scott, President, Bombardier Commercial Aircraft. "The order also reflects the confidence expressed by AMR Corp. and American Eagle Airlines in our CRJ700 aircraft and we are grateful for their continuing support."

Source : Bombadier Aerospace - click here for more information