Mr. Speaker, last Friday we learned some good news relating to Bombardier.
This local company has just landed a $2 billion contract with GE Capital Aviation Services, or GECAS, for up to 150 regional jets.
The agreement with Bombardier comprises a firm $1.96 billion order for 50 planes. This is the first significant order from an aircraft-leasing firm. Included in the contract are 15 50-seater Regional Jets, 25 70-seaters, and 10 new 90-seaters which are still being developed.
Deliveries are scheduled to start in the year 2002 and to run until late 2006. Counting the 100 aircraft on option, the value of the contract with GECAS will total $5.87 billion.
Our congratulations to the management and workers of this company, which is a jewel in the economy of Quebec and of Canada, and our best wishes for the fulfilment of this major contract.