Bombardier Flexjet Announces Launch Of Flexjet Canada Service

Flexjet Canada service enables Canadian-based Flexjet owners to travel point to point within Canada for the first time
First fractional ownership provider to offer Canadian-based aircraft

Bombardier Flexjet, the fractional business jet ownership program of Bombardier Aerospace, today announced an expansion of its services in Canada, with the addition of three Canadian-registered aircraft formerly in the Bombardier corporate fleet and ten Montreal-based pilots who have joined the Flexjet organization.

The new Flexjet Canada service will enable Flexjet to offer an expanded Canadian travel product including, for the first time, travel between locations within Canada for owners based there. Along with providing point-to-point travel within Canada, Flexjet will utilize the new capacity to more efficiently service existing owners who travel between Canada and the United States.

Flexjet will initially launch the service with two Learjet 45 aircraft and a Challenger 604 widebody business jet, all of which will be based in Montreal.

“We now have the ability to offer Flexjet owners travel within Canada, which represents a tremendous opportunity to expand our services there and introduce more people to the outstanding Flexjet travel experience,” said Sylvain Lévesque, Vice-President, Bombardier Flexjet.

“Flexjet is the first fractional provider to offer Canadian-based aircraft and we take pride in being responsive to owners who have eagerly anticipated this travel option,” added Mr. Lévesque. “Our new Flexjet Canada service is yet another indication of our ongoing commitment to providing our owners with industry-leading service, value and choice,” he stated.

“As a Flexjet fractional owner based in Canada, I look forward to taking advantage of this service,” said Aldo Bensadoun, founder and chief executive officer of ALDO Group, headquartered in Montreal. “This expansion of Flexjet choices will enable me to travel efficiently, save time and take greater advantage of all the traditional benefits of business jet travel, including the ability to accommodate demanding itineraries and remain productive while traveling,” he added.

About Flexjet
Established in 1995 and based in Richardson, Texas, Bombardier Flexjet offers a turnkey program allowing individuals or companies to purchase a share in a Bombardier business jet at a fraction of the full ownership cost. Flexjet owners select the aircraft type that best fits their needs, determine the number of hours per year they fly, and purchase shares of Bombardier business jets starting at a share size of 1/16th (equal to 50 hours flying). Flexjet guarantees access to its fleet with as little as six hours notice and can fly into many more airports than those available to commercial flights. Owners pay predictable monthly management and usage fees, while Flexjet manages aircraft maintenance, flight crews, hangars, fuel and insurance on their behalf. Flexjet is the only fractional provider that fields an exclusive family of Bombardier business jets, including the Learjet 40 XR, Learjet 45 XR, Learjet 60, Challenger 300 and Challenger 604.

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, 2005 were $15.8 billion US and its shares are traded on the Toronto Stock Exchange (BBD). News and information are available at www.bombardier.com.

Bombardier, Flexjet, Learjet, Learjet 45, Challenger and Challenger 604 are trademarks of Bombardier Inc. or its subsidiaries.

For information
Nathalie Bloomfield
Bombardier Flexjet
972-720-2406
nathalie.bloomfield@aero.bombardier.com

or

George-Ann Rosenberg
202-887-1921
gar@redpointcommunications.com