Pierre Beaudoin Quotations

Without launch orders, we could not make a launch decision.

Present market conditions do not justify the launch.

The reason we're keeping 50 people on the project and committing a large amount of money is we believe there's a large market potential. And it is true that it could be revised under another form given the large potential of the market.

The unparalleled flexibility and superior technology of the original CRJ200 airliner platform continues to generate significant interest in three distinct offerings - as a corporate shuttle, and as a large cabin executive jet, in addition to the market-leading 50-passenger CRJ regional airliner. Challenger 850 aircraft operators are able to take advantage of an outstanding dispatch reliability based on the proven CRJ200 aircraft record, low direct operating costs and an established worldwide support network.

We'll decide later whether to extend this or stop.

This is the correct business decision given today's market dynamics.

Our realignment decision is based on two years of extensive research, development and evaluation.