( BW)(BOMBARDIER-AEROSPACE)(BBD.A.TO)(BBD.B.TO) Bombardier Confirms
Revised US Airways Delivery Agreement

    Business Editors

    TORONTO--(BUSINESS WIRE)--July 27, 2004--Bombardier Aerospace
(TSX:BBD.A) (TSX:BBD.B):

    --  Delivery schedule extended

    --  More CRJ700 aircraft ordered

    --  No effect on Bombardier's overall planned delivery schedule
        for the current fiscal year

    Bombardier Aerospace (TSX:BBD.A) (TSX:BBD.B) confirms that it has
concluded an agreement with US Airways on a revised delivery schedule.

    The agreement calls for 23 Bombardier(i) CRJ(i)200 aircraft to be
converted to CRJ700 or CRJ900 Series aircraft. This will result in a
revised total firm order model mix of 37 CRJ200 and 48 CRJ700/900. In
addition, the schedule for delivery of the remaining aircraft has been
extended from April 2005 to March 2006 to accommodate US Airways'
current financial restructuring and re-fleeting plans.

    As this agreement was anticipated, there will be no effect on
Bombardier's current production rate or overall planned delivery
schedule for the current fiscal year.

    About Bombardier

    A world-leading manufacturer of innovative transportation
solutions, from regional aircraft and business jets to rail
transportation equipment, Bombardier Inc. is a global corporation
headquartered in Canada. Its revenues for the fiscal year ended Jan.
31, 2004 were $15.5 billion US and its shares are traded on the
Toronto, Brussels and Frankfurt stock exchanges (BBD, BOM and BBDd.F).
News and information are available at www.bombardier.com.

    (i) Trademarks of Bombardier Inc.

    --30--KT/na*

    CONTACT: Bombardier Aerospace
             Bert Cruickshank
             (416) 375-3030