Bombardier introduces a Middle East first: an aircraft management program for new Learjet owners

Innovative program makes it easier to own and operate a Bombardier Learjet

Bombardier Aerospace today announced a new program that will significantly reduce operating costs for owners of new Bombardier Learjet 40, 45 and 45 XR business jets in the Middle East.

With each purchase of one of these three aircraft, Bombardier Aerospace will assume aircraft management costs for one year. Services provided in the package will include aircraft delivery and registration; aircraft operations management; flight operations performance review; maintenance management, and safety, security and quality assurance programs.

“We are delighted to team with ExecuJet Middle East to offer this exciting program which effectively makes it easier to own and operate a Bombardier Learjet aircraft than ever before,” stated Mike Fahey, regional vice-president, sales, Middle East and Africa, Bombardier Aerospace, Business Aircraft. “This offer represents a significant cost savings for new operators.”

Eligibility in the program is straightforward. The aircraft must be new, based in the Middle East, and managed by ExecuJet, a leading provider of aircraft management, services and support worldwide.

In addition to the benefits of this new program, ExecuJet Middle East, Bombardier’s longtime partner based in Dubai, will be able to pass on considerable cost savings to Learjet aircraft owners through economies of scale and volume-buying power in the following areas: fuel, insurance, maintenance labour, administration, flight planning, crew training and air crew travel cost.

According to Horm Irani, Managing Director, ExecuJet Middle East: “Learjet 40, 45 and 45 XR customers will benefit from the region’s most comprehensive turnkey aviation management service through ExecuJet.”

The Bombardier Learjet 45 is one of the top selling jets in corporate aviation with some 233 aircraft in service worldwide. The new Learjet 40 and the Learjet 45 XR – both introduced in July 2002 at the Farnborough Air Show – will enter service in 2004.

The Learjet 40 light jet combines superior comfort and low direct operating costs with superior speed and performance, while the Learjet 45 XR super light jet offers improved time-to-climb performance, faster high-speed cruise at all altitudes and lower balanced field length at higher temperatures. Both aircraft are designed to operate with both full passenger load and full fuel.

ExecuJet Middle East, established in Dubai in 1998 through a joint venture between Dubai-based Alpha 55 and the International ExecuJet Aviation Group, provides a complete set of aviation services associated with the sale, operation, management, charter and support of modern high-technology business jets.

ExecuJet Middle East, is part of the ExecuJet Aviation Group’s network located in Australia, Scandinavia, South Africa and Switzerland, providing a comprehensive range of services, including aircraft sales, charter, maintenance, flight operations, aviation services and fleet management. The company is the official sales and distribution agent for Bombardier’s entire range of Learjet* business jet aircraft in 10 Middle Eastern countries.

Bombardier Aerospace, a unit of Bombardier Inc., is a world leader in the design and manufacture of innovative aviation products and provides services for the regional, business and amphibious aircraft markets. It also offers Bombardier Flexjet* and Bombardier Skyjet* business aircraft programs, technical services, and aircraft maintenance and pilot training for business, regional airline and military customers.

Bombardier Inc., a diversified manufacturing and services company, is a world-leading manufacturer of business jets, regional aircraft, rail transportation equipment and motorized recreational products. It also provides financial services and asset management in business areas aligned with its core expertise. Headquartered in Montréal, Canada, the Corporation has a workforce of some 75,000 people and manufacturing facilities in 25 countries throughout the Americas, Europe and Asia-Pacific. Its revenues for the fiscal year ended Jan. 31, 2003 stood at $23.7 billion Cdn. Bombardier shares are traded on the Toronto, Brussels and Frankfurt stock exchanges (BBD, BOM and BBDd.F).

* Trademarks of Bombardier Inc. or its subsidiaries

Information:

Leo Knaapen
Bombardier Aerospace
Dubai Chalet: 971-4-2866150
Mobile : 971-50-450-2723

Jacinda Redman
ExecuJet Aviation Group
Dubai : 0-11-27-11-516-2341