Bombardier Aerospace
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Bombardier Aerospace

April 06, 2016 10:30 ET

Bombardier Marks 30th Anniversary of Smart Parts and Enhances its Smart Parts Preferred Program

- Currently over 1,400 aircraft enrolled, 6 million flight hours recorded in Smart Parts programs since 1986

- Smart Services cost-per-flight-hour plans now encompasses Smart Parts, Smarts Parts Plus, Smart Maintenance Plus and Smart Parts Preferred

MONTREAL, QUEBEC--(Marketwired - April 6, 2016) - Bombardier Business Aircraft marks the 30th anniversary of Smart Parts this year. Launched in 1986, the pioneering Smart Parts program was the first airframe systems cost-per-flight-hour cost protection plan for customers in business aviation. To celebrate the 30th anniversary, Bombardier is offering enhancements to its strongest component cost coverage program, Smart Parts Preferred, further maximizing the customers' bottom-line.

Customers enrolling their newly delivered aircraft into Smart Parts Preferred can benefit from additional program enhancements, including more flexibility at resale, increased cost protection through expanded coverage and long-term price guarantees.

"Bombardier was first in the aviation industry to launch cost per-flight-hour coverage on airframe system components with its Smart Parts program. The program has evolved to include Smart Parts Preferred, offering our customers more peace of mind and virtually worry-free component replacement cost protection with the strength of our support as an OEM," said Andy Nureddin, Vice President and General Manager, Customer Services.

Launched in April 2013, the Smart Parts Preferred program encompasses all the features of the Smart Parts Plus program, including convenient component exchange coverage for major airframe systems (including avionics), as well as tires and brakes, life-limited airframe system components and kits for most alert and recommended Bombardier service bulletins. Smart Parts Preferred further expands on this coverage and includes additional program features.

"We are committed to putting our customers first, always. We're continuously evolving our Smart Services programs to maximize our customers' bottom line," added Nureddin.

The Smart Parts Preferred program is offered at entry-into-service to customers who purchase the Learjet 70, Learjet 75, Challenger 350, Challenger 650, Global 5000 and Global 6000 business jets, as well as for the Global 7000 and Global 8000 aircraft.

Bombardier's pioneering Smart Services portfolio includes Smart Parts Plus, Smart Parts Preferred and Smart Maintenance Plus for new aircraft deliveries and the original Smart Parts program for certain Challenger 601 aircraft. Currently, there are over 1,400 aircraft enrolled, 6 million flight hours recorded in Smart Parts programs.

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, 2015, we posted revenues of $18.2 billion. News and information are available at bombardier.com or follow us on Twitter @Bombardier.

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Bombardier, Challenger 350, Challenger 601, Challenger 650, Global 5000, Global 6000, Global 7000, Global 8000, Learjet 70, Learjet 75, Smart Maintenance Plus, Smart Parts, Smart Parts Plus, Smart Parts Preferred and The Evolution of Mobility are trademarks of Bombardier Inc. or its subsidiaries.

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