Bombardier Aerospace
TSX : BBD.A
TSX : BBD.B

Bombardier Aerospace

July 14, 2008 15:38 ET

Bombardier Aerospace: Frederick W. Reid Appointed as the New President of Flexjet and Skyjet U.S.

MONTREAL, QUEBEC--(Marketwire - July 14, 2008) - Bombardier Aerospace today announced the appointment of Frederick W. Reid as the new President of Flexjet and Skyjet U.S. effective August 25, 2008. Mr. Reid brings to Bombardier considerable senior executive expertise in marketing and commercial aspects of the airline industry.

Mr. Reid's career within the airline industry is impressive and spans over 20 years, where he has held senior executive positions with a number of airlines. His career began in 1976, when he joined Pan American World Airways, his responsibilities consisting primarily in opening new markets such as Europe, the Middle East, India and Asia. In 1987, Mr. Reid joined the American Airline Corporation, responsible for European Sales and Marketing, based in London, England. For the next eight years, he held several positions of increasing responsibility within Lufthansa, and was appointed President and Chief Operating Officer in 1996, a position he held until his departure in 1998 to join Delta Airlines. Three years later, Mr. Reid was appointed President and Chief Operating Officer of Delta Airlines, responsible for revenue of $14 billion in an organization of 60,000 employees and 967 aircraft operating in 31 countries. His most recent challenge consisted in the launch of Virgin America, in his capacity as Chief Executive Officer. Virgin America was just awarded "Best Domestic US Airline" by the prestigious Travel and Leisure Annual Awards.

Mr. Reid succeeds Michael McQuay, who has continued to lead Flexjet and Skyjet U.S. operations while accepting additional responsibilities as President, Aircraft Service Centres, more than a year ago.

About Bombardier

A world-leading manufacturer of innovative transportation solutions, from commercial aircraft and business jets to rail transportation equipment, systems and services, Bombardier Inc. is a global corporation headquartered in Canada. Its revenues for the fiscal year ended Jan. 31, 2008, were $17.5 billion US, and its shares are traded on the Toronto Stock Exchange (BBD). Bombardier is listed as an index component to the Dow Jones Sustainability World and North America indexes. News and information are available at www.bombardier.com.

Flexjet and Skyjet are registered trademarks of Bombardier Inc. or its subsidiaries.

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