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News Release

CCM Airlines to operate two Airbus 319 airliners traded by BAE SYSTEMS

02 Oct 2002

BAE Systems and CCM Airlines of Ajaccio, Corsica have signed a Memorandum of Understanding (MOU) to lease two Airbus A319-112 aircraft, previously operated by Sabena. The aircraft are part of a Trading and Services agreement between BAE Systems Regional Aircraft and a consortium of banks, signed earlier this year whereby BAE Systems manages and re-markets a number of Airbus aircraft on behalf of the consortium.

The A319 aircraft will be configured in a 145-seat single class layout, replacing smaller Fokker 100s and will be used on routes from Corsica to Paris and Europe as part of a strategic co-operation between CCM Airlines and Air France. The first aircraft, msn 1068, is scheduled to enter service in mid-October, followed by msn 1145 in January 2003.

Both aircraft are equipped with Dual Annular Combustor (DAC) systems on the CFM 56-5B6/P engines which give significant reductions in NOx emissions.

Trading and Services activities are a growing part of the business for BAE Systems Regional Aircraft.

About BAE SYSTEMS:


BAE Systems is a systems company, innovating for a safer world. BAE Systems employs nearly 100,000 people including Joint Ventures, and has annual sales of around 13 billion. The company offers a global capability in air, sea, land and space with a world-class prime contracting ability supported by a range of key skills. BAE Systems designs, manufactures and supports military aircraft, surface ships, submarines, space systems, radar, avionics, communications, electronics, guided weapon systems and a range of other defence products. BAE Systems is dedicated to making the intelligent connections needed to deliver innovative solutions.


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