Bombardier Aerospace

TSX : BBD.A
TSX : BBD.B


Bombardier Aerospace

June 20, 2007 05:00 ET

Paris Airshow 2007: European Skytime Purchases Fleet of Bombardier Learjet Business Jets

Eight new Learjet aircraft orders from European Skytime in the past month

PARIS, FRANCE--(Marketwire - June 20, 2007) - Bombardier Aerospace today announced that European Skytime of Gloucestershire, UK has placed firm orders for six high-performance Learjet business jets, a total of eight Learjet aircraft orders in the past month. The new order includes three light Learjet 40 XR jets, three super-light Learjet 45 XR jets and two midsize Learjet 60 XR jets.

European Skytime runs a leading European block charter program, utilizing numerous Bombardier business jets including Learjet 31, Learjet 45, Learjet 60 and Challenger 604 aircraft. The new Learjet order, scheduled for delivery over the next two years, will be based in London.

"We are making a substantial commitment to ensure our customers have guaranteed access to a flexible, top quality fleet of jets. With their proven fuel efficiency, outstanding speed and range combination, and spacious, comfortable cabins, the Learjet aircraft family is the right fit for our business model," said Steve Westlake, managing director of European Skytime. "A limited number of fractional shares, offering 50 and 100 hour blocks, will be available for purchase on this new fleet. We offer our passengers the very best products and services. Our company stands by this and it sets us apart from our competition."

European Skytime further sets itself apart from its competitors through its commitment to completely offset the emissions generated by its own operations, becoming the world's first CarbonNeutral® air charter broker. The innovative charter company is also the first to offer its clients the option to offset the CO2 generated by their private jet, helicopter or airliner flight.

Strategic alliance with Skyjet international

Already benefiting from a long standing relationship with Bombardier Skyjet International, European Skytime now becomes a key strategic charter provider in meeting customer demand for greater access to charter on Learjet aircraft in the region.

"Over the past three years, Skyjet International and European Skytime have worked very closely to identify and develop unique collaboration opportunities," said Judith Moreton, managing director, Bombardier Skyjet International. "Their decision to acquire their own fleet of Learjet aircraft is a testament to the trust they have placed in the Skyjet International business model, the strength of the Learjet product line and Bombardier's total service solution."

Learjet is the first name in corporate aviation. Since acquiring Learjet in 1990, Bombardier has carried forward the brand's proud legacy by launching eight high-performance and fuel-efficient Learjet aircraft, the most recent being the midsize Learjet 60 XR, incorporating an all new modern flight deck with an advanced cabin electronic system and a stand-up cabin redesigned for style, comfort, and functionality. Its highlights include a wide aisle, generous seated head and shoulder room, LED lighting throughout the cabin, and four executive floor plans.

About Bombardier

A world-leading manufacturer of innovative transportation solutions, from regional 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, 2007, were $14.8 billion US, and its shares are traded on the Toronto Stock Exchange (BBD).
News and information are available at www.bombardier.com.

Bombardier, Learjet, Learjet 31, Learjet 40 XR, Learjet 45 XR, Learjet 60 XR, Challenger 604 and Skyjet International are trademarks of Bombardier Inc. or its subsidiaries.

NOTE: A photo will follow

Contact Information