Bombardier Aerospace
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Bombardier Aerospace
GlobalParts.aero

GlobalParts.aero

November 30, 2015 11:00 ET

Bombardier and GlobalParts.Aero Collaborate to Enhance Parts Support for Learjet 20/30/50 Series Aircraft

- GlobalParts.aero will now be responsible for all planning, stocking and parts distribution for Learjet 20, Learjet 30 and Learjet 50 series aircraft

MONTREAL, QUEBEC--(Marketwired - Nov. 30, 2015) - Bombardier Business Aircraft and GlobalParts.aero have entered into a strategic collaboration for all inventory of the Learjet 20, Learjet 30, and Learjet 50 series aircraft. GlobalParts.aero, a Kansas-based aviation parts supplier, will take over the primary responsibility for all planning, stocking and distribution of aircraft parts of these Learjet series aircraft.

"We are extremely pleased to collaborate with GlobalParts.aero in this venture. This agreement will ensure that many more parts will be available at a competitive price and we expect it will have a positive impact on our operators' cost of ownership," said Bill Molloy, Vice President of Parts Services, Bombardier Business Aircraft.

"We are prepared to enhance support for Learjet 20, Learjet 30, and Learjet 50 series aircraft customers right away," said Malissa Nesmith, GlobalParts.aero's Senior Vice President and Chief Operating Officer. "We have expanded our inventory of Learjet parts in recent months and have the capability and expertise to repair parts as well. We are working with Bombardier to ensure a seamless transition for this important customer segment."

Approximately 2,000 Learjet 20, Learjet 30, and Learjet 50 series aircraft were produced from the 1960s into the early 2000s, with the majority still in service.

"Given our diverse operator base, we were particularly committed to finding the right company with which to collaborate. With GlobalParts.aero's proven track record of exceptional parts support, we are confident this strategic collaboration will enhance our customers' experience," said Molloy.

About GLOBALPARTS Group, Inc.

GlobalParts.aero was founded in 2003 to serve the worldwide aviation spares market with cost effective, quality parts. GlobalParts.aero is a certified distributor of aviation spares and has earned ISO, AS9120A and ASA-100 accreditation for quality management systems. Through parts distribution, GlobalParts.aero has evolved and added a Federal Aviation Administration-certified repair station and an in-house, build-to-print part manufacturing capabilities to its operations. The overhaul/ repair service, Global Parts Aero Services, Inc. is FAA Part 145 certified and the manufacturing service, Global Parts Aero Manufacturing, Inc. is ISO AS9100C accredited.

About Bombardier

Bombardier is the world's leading manufacturer of both planes and trains. Looking far ahead while delivering today, Bombardier is evolving mobility worldwide by answering the call for more efficient, sustainable and enjoyable transportation everywhere. Our vehicles, services and, most of all, our employees are what make us a global leader in transportation.

Bombardier is headquartered in Montréal, Canada. Our shares are traded on the Toronto Stock Exchange (BBD) and we are listed on the Dow Jones Sustainability North America Index. In the fiscal year ended December 31, 2014, we posted revenues of $20.1 billion. News and information are available at bombardier.com or follow us on Twitter @Bombardier.

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