National Instruments Is Bullish on Thailand, Strengthens Presence in Bangkok

SINGAPORE--(Marketwire - July 9, 2012) -

 

News Highlights:

 

                     NI sees significant growth opportunities in Thailand's hard disk drive, electronics manufacturing, energy and oil & gas sectors

                     NI marks 10^th year in Thailand with office expansion in downtown Chatuchak, Bangkok

                     New office to serve as customer service and training center

 

National Instruments (NI) is bullish on Thailand, seeing significant growth opportunities in the hard disk drive, electronics, power and oil & gas industries among others, as it marks its 10^th year in the country. Chandran Nair, Managing Director of National Instruments for Southeast Asia, shared this view at the inauguration of NI's new office in Thailand today.

 

"National Instruments' business in Thailand has grown from strength to strength since we established our presence here in 2002. We are pleased to open the doors of our new office and engage more closely with our customers and partners in high-growth sectors like hard disk drive, electronics manufacturing, energy and oil & gas industries," Nair says.

 

The larger premises at the Suntowers building on Vibhavadi-Rangsit Road in Chompon, Chatuchak, Bangkok will serve as the hub for NI's customer service programs and industry-leading technical trainings.

 

"Our commitment as an investor in Thailand is definitely long-term. We are looking forward to growing the NI team here, collaborating with more universities, and enabling competitiveness across customer verticals," he adds.

 

NI is partner to some of the world leading companies that have production facilities in Thailand such as Sony Technology (Thailand), Thai Summit Autoparts Industry Co. Ltd, Seagate Technology (Thailand) and PTT Public Company Ltd; as well as large multinational and local players in the automotive, energy, and oil & gas sectors.

 

"Asia-Pacific contributes about 30 percent to our global revenue. Our rapid expansion in this region, particularly in developing countries like Thailand, is a testament to the scale and speed with which Asian economies are rising," Nair says.

 

Thailand is the second largest economy is Southeast Asia, after Indonesia. Despite last year's devastating floods, Thailand has registered positive results in the first quarter of 2012. The International Monetary Fund (IMF) has also announced a rosy outlook for Thailand, predicting economic growth at 5.5 and 7.5 percent in 2012 and 2013, respectively.

 

"Thailand is admirably resilient. The economy has bounced back quickly, and the hard disk drive industry, which is the largest in Asia, has gotten back on track since the floods," he shares. Indicators have shown that hard disk drive production levels will grow 20% year-on-year by 2013.

 

Thailand is also important for NI in the research and academic field. NI has long-stand partnerships with universities such as King Mongkut's Institute of Technology Ladkrabang, King Mongkut's University of Technology North Bangkok. Notable programs include the annual Graphical Design System (GSD) Summit, Science, Technology, Engineering Exchange Laboratory (STEEL) Program, and the LabVIEW Academy.

 

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About National Instruments

 

Since 1976, National Instruments (www.ni.com) has equipped engineers and scientists with tools that accelerate productivity, innovation and discovery. NI's graphical system design approach to engineering provides an integrated software and hardware platform that speeds the development of any system needing measurement and control. The company's long-term vision and focus on improving society through its technology supports the success of its customers, employees, suppliers and shareholders.

 

Contact
Jessie Lee
National Instruments 
Email: jessie.lee@ni.com
Phone: 65 6226 5886

 

© 2012 Marketwire, Incorporated. All rights reserved.

New Customer Places Order for 15 Bombardier CSeries Airliners

Twelfth customer added to the CSeries aircraft program

 

TORONTO, ONTARIO--(Marketwire - July 9, 2012) - Bombardier Aerospace announced today that a new customer, which has requested to remain unidentified at this time, has placed a conditional order for five CS100 and 10 CS300 jetliners.

 

Based on the list prices of CS100 and CS300 aircraft, the contract is valued at approximately $1.02 billion US.

 

"Bombardier''s CSeries aircraft provide a distinct economic advantage compared to any aircraft in their class, and we are thrilled to welcome the twelfth CSeries aircraft customer to the program," said Mike Arcamone, President, Bombardier Commercial Aircraft. "The CS100 and CS300 airliners combine unmatched field performance along with transcontinental range, creating opportunities for new business models; what''s more, they''ll be contributing to more sustainable aviation with their reduced environmental footprints."

 

The CSeries aircraft is scheduled to enter into service in late 2013.

 

About CSeries aircraft

 

Designed for the growing 100- to 149-seat market, the 100 per cent new CSeries aircraft family combines advanced materials, leading-edge technology and proven methods to meet commercial airline requirements in 2013 and beyond. Powered by Pratt & Whitney PurePower PW1500G engines, the CSeries aircraft family will offer a 15* per cent cash operating cost advantage and a 20* per cent fuel burn advantage. The CSeries aircraft''s clean-sheet design is ensuring that the aircraft will achieve greatly reduced noise and emissions, as well as superior operational flexibility, exceptional airfield performance and a range of 2,950 nm (5,463 km)*. The CSeries aircraft will be up to 12,000 lbs. (5,443 kg)* lighter than other aircraft in the same seat category and will provide passengers with a best-in-class, widebody cabin environment in a single-aisle aircraft.

 

Bombardier has booked firm orders for 138 CSeries airliners. Customers include Braathens Aviation (five CS100 and five CS300 aircraft), Deutsche Lufthansa AG (30 CS100 aircraft), Korean Air (10 CS300aircraft), Lease Corporation International Group (17 CS300 and three CS100 aircraft), PrivatAir (five CS100 aircraft), Republic Airways (40 CS300 aircraft), an unidentified major network carrier (10 CS100aircraft), an unidentified European customer (10 CS100 aircraft) and a well-established, unidentified airline (three CS100 aircraft). The CSeries aircraft program has also booked options for 124 aircraft and purchase rights for 10 aircraft from these customers, as well as Letters of Intent for up to 30 CSeries aircraft from Ilyushin Finance Co, and for up to 15 CS300 aircraft from Atlasjet. Today''s announcement adds a conditional order for five CS100 and 10 CS300 jetliners to the order book.

 

The 12 customers that have joined the CSeries aircraft program - nine with firm orders - include major network carriers, national carriers, premium airlines serving city centre airports, a low-cost airline, leasing companies and a full service provider to airline partners.

 

About Bombardier

 

Bombardier is the world''s only manufacturer of both planes and trains. Looking far ahead while delivering today, Bombardier is evolving mobility worldwide by answering the call for more efficient, sustainable and enjoyable transportation everywhere. Our vehicles, services and, most of all, our employees are what make us a global leader in transportation.

 

Bombardier is headquartered in Montréal, Canada. Our shares are traded on the Toronto Stock Exchange (BBD) and we are listed on the Dow Jones Sustainability World and North America indexes. In the fiscal year ended December 31, 2011, we posted revenues of $18.3 billion USD. News and information are available at bombardier.com or follow us on Twitter @Bombardier.

 

Notes to editors

 

Images of CSeries aircraft are available in the press releases section at: www.bombardier.com.

 

For additional images, video and product information on CSeries aircraft, please visit: www.cseries.com.

 

Follow @Bombardier_Aero on Twitter to receive the latest news and updates from Bombardier Aerospace.

 

Visit Bombardier Commercial Aircraft''s "one-stop" news centre for news releases, product factsheets, backgrounders, videos, photos and links to our social media channels at:http://Press.CommercialAircraft.Bombardier.com.

 

* The CSeries aircraft are in the design phase. All data and specifications are estimates, subject to change in family strategy, branding, capacity and performance during the design, manufacture and certification process. Performance has been estimated based on a 500-nm North American operating environment.

 

Bombardier, CS100, CS300, CSeries and The Evolution of Mobility are trademarks of Bombardier Inc. or its subsidiaries.

 

Bombardier Commercial Aircraft

Marc Duchesne

+1-416-375-3030

www.bombardier.com

© 2012 Marketwire, Incorporated. All rights reserved.

China Express Airlines Confirms Order for Six Bombardier CRJ900 NextGen Aircraft

- Airline to introduce CRJ900 aircraft service to China

 

TORONTO, ONTARIO--(Marketwire - July 9, 2012) - Bombardier Aerospace announced today that China Express Airlines has converted a previously announced conditional order for six CRJ900 NextGenregional jets to a firm order. The transaction includes options on an additional five CRJ900 NextGen aircraft.

 

As previously announced, and based on the list price of the CRJ900 NextGen airliner, the firm order contract is valued at approximately $264 million US, and could increase to approximately $491 million US should the five options be converted to firm orders.

 

Bombardier announced on October 26, 2011 that a Chinese airline, which at that time wished to be unidentified, had placed a conditional order for CRJ900 NextGen jetliners. On February 9, 2012, Bombardier confirmed that the order had been placed by China Express Airlines.

 

"Our five 50-seat CRJ200 regional jets have served us very well since we started operations in 2006, and we are confident that the CRJ900 NextGen aircraft, which offers excellent economics, will support the growing passenger demand on our larger routes," said Hu Xiaojun, Chairman, China Express.

 

China Express, which is China''s first private regional airline, is based in Guiyang, Guizhou and currently provides regional passenger services with its fleet of five CRJ200 aircraft. The airline will be the first to launch CRJ900 aircraft service in China.

 

"As the only aircraft manufacturer with three distinct and optimized families of aircraft in the 60- to 149-seat market segment, Bombardier is well positioned to support the growth of China''s air transport network, and we are delighted that China Express has firmed up its order for six CRJ900 NextGen aircraft and will introduce the aircraft to China," said Mike Arcamone, President, Bombardier Commercial Aircraft. "Currently more than 100 Bombardier-produced commercial and business aircraft are operating in China and we look forward to welcoming many more operators in the country."

 

"In our Market Forecast for 2012 to 2031 that was released on June 19 this year, Bombardier predicts a demand for approximately 2,200 commercial aircraft in the 60- to 149-seat segment in China," said Andy Solem, Vice President, Sales, China and North Asia, Bombardier Commercial Aircraft. "We are working closely with local airlines, suppliers and stakeholders to assist in fleet and infrastructure expansion to support the development of China''s fleet of commercial aircraft as it grows to become the world''s second largest market for new aircraft deliveries, following closely behind the United States."

 

CRJ900 NextGen aircraft

 

Like other members of the CRJ Series family of aircraft, the light weight and advanced aerodynamics of the CRJ900 NextGen regional jet combine to deliver improved efficiency and reduced operating costs compared to other aircraft in its class. The combination of a larger winglet and other optimizations since the launch of the CRJ900 aircraft, give the CRJ900 NextGen regional jet excellent airfield and en-route fuel consumption. All CRJ NextGen aircraft feature new interiors with larger overhead luggage bins, larger windows, improved lighting and redesigned ceiling panels and sidewalls.

 

Including the order from China Express announced today, Bombardier has recorded firm orders for 1,735 CRJ Series aircraft, including 274 CRJ900 and CRJ900 NextGen aircraft. Worldwide, CRJ Series aircraft are in service with more than 60 airlines and more than 30 customers operate corporate variants of the aircraft. The aircraft are operating in over 50 countries on six continents, and on average, a CRJ aircraft takes off every ten seconds somewhere in the world. CRJ Series aircraft have transported more than 1.2 billion passengers and have logged more than 33 million flight hours and over 28 million takeoffs and landings.

 

About Bombardier

 

Bombardier is the world''s only manufacturer of both planes and trains. Looking far ahead while delivering today, Bombardier is evolving mobility worldwide by answering the call for more efficient, sustainable and enjoyable transportation everywhere. Our vehicles, services and, most of all, our employees are what make us a global leader in transportation.

 

Bombardier is headquartered in Montréal, Canada. Our shares are traded on the Toronto Stock Exchange (BBD) and we are listed on the Dow Jones Sustainability World and North America indexes. In the fiscal year ended December 31, 2011, we posted revenues of $18.3 billion USD. News and information are available at bombardier.com or follow us on Twitter @Bombardier.

 

Notes to editors

 

Images of China Express CRJ900 NextGen aircraft and additional information on CRJ NextGen aircraft are available at: www.aero.bombardier.com and www.crjnextgen.com.

 

Follow @Bombardier_Aero on Twitter to receive the latest news and updates from Bombardier Aerospace.

 

Bombardier, CRJ, CRJ200, CRJ9000, NextGen and The Evolution of Mobility are trademarks of Bombardier Inc. or its subsidiaries.

 

Marc Duchesne

Bombardier Commercial Aircraft

1-416-375-3030

www.bombardier.com

© 2012 Marketwire, Incorporated. All rights reserved.