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

Bombardier Aerospace

July 04, 2008 15:00 ET

Premier of Quebec and Prime Minister of France Witness Signature of Declaration of Intent Between Bombardier Aerospace and SAFRAN Group as Well as Bombardier Aerospace and THALES Avionics SA

MONTREAL, QUEBEC--(Marketwire - July 4, 2008) - Quebec Premier Jean Charest and the Prime Minister of France, Francois Fillon, today witnessed the signature of two declarations of intent during a ceremony celebrating business relations between Bombardier Aerospace and two French leading companies, SAFRAN Group and THALES Avionics SA, as a symbolic reflection of the relationship between Quebec and France.

Bombardier Aerospace and SAFRAN Group

Bombardier Aerospace, the world's third largest civil aircraft manufacturer, and France's SAFRAN Group, an international leader in high-technology products and services, today underlined the importance of their corporate relationship by signing a declaration of intent recognizing the growing business ties between the two corporations.

Guy C. Hachey, President and Chief Operating Officer, Bombardier Aerospace, and Emeric d'Arcimoles, Deputy General Director, International Development, SAFRAN Group, signed the declaration of intent highlighting the recent selection of SAFRAN Group subsidiaries Messier Bugatti and Aircelle as official suppliers on Bombardier's new all-composite Learjet 85 aircraft. Messier Bugatti will be supplying complete packages consisting of wheels and brakes, brake control system, steering system and landing extension and retraction system, while Aircelle will provide the engine nacelles and thrust reversers.

"Bombardier is pleased to officially welcome SAFRAN Group to the Learjet 85 aircraft program," said Mr. Hachey. "The Learjet 85 aricraft platform represents an all new generation of business aircraft that will both redefine the midsize business jet category and enhance our tradition for product innovation."

"Based on the strength of this cooperation, the President and Chief Operating Officer of Bombardier Aerospace and the General Manager of SAFRAN Group, International Development, will work together to reinforce this agreement with SAFRAN Group within its areas of expertise, such as: aerospace equipment, avionics and products related to propulsion," says Mr. Emeric d'Arcimoles.

Quebec manufacturers are key contributors on the new Learjet 85 program, led by engine supplier Pratt & Whitney Canada and landing gear supplier Heroux-Devtek Inc. The Canadian division of French manufacturer THALES Avionics SA is also featured as the provider of the spoiler system. To date, over 35 percent of the bill of materials contracts on the Learjet 85 aircraft originates in Quebec. SAFRAN Group's contracts account for approximately 11 percent.

Bombardier Aerospoace and THALES Avionics SA on research and development

Bombardier Aerospace and Thales Avionics SA, a French company, world leader in critical information systems, also highlighted their respective research and development expertise by signing a declaration of intent towards the implementation of research project on the protection of electronic components of aircraft on-board systems.

Bombardier Aerospace and THALES Avionics SA put forward a research project named Electronic components protection against radiation events (SEU/MBU). The objective is to develop and validate solutions to limit the systems' sensitivity to cosmic radiations, at both the basic electronic components and the architectures' levels.

The project will also define standard testing and analysis procedures for the qualification and certification of airborne electronic equipments.

The new Learjet 85 jet set to redefine the midsize business jet class

Launched on October 30, 2007 the new Learjet 85 aircraft will be the first Bombardier jet to feature an all-composite structure and will be the first all-composite structure business jet designed for type certification under U.S. Federal Aviation Administration FAR Part 25.

True to its legendary heritage, the Learjet 85 aircraft is set to deliver the extraordinary performance, superior technology and exceptional value Learjet aircraft owners expect. The clean-sheet Learjet aircraft targets a high-speed cruise of Mach 0.82 and a transcontinental range of up to 3,000 nautical miles (5,556 km)(i). Designed to provide a larger, more comfortable cabin than any existing midsize aircraft, this jet will offer eight passengers a stand-up cabin built to ensure superior productivity and comfort.

Learjet is the first name in corporate aviation. Since acquiring Learjet Inc. in 1990, Bombardier Aerospace has carried forward the brand's proud legacy by launching eight high-performance and fuel-efficient aircraft.

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.

Bombardier, Learjet, Learjet 60 and Learjet 85 are either registered or unregistered trademarks of Bombardier Inc. or its subsidiaries.

Note to editors

(i) Long-range cruise speed of M.78 with two crew, four passengers (200 lb each) and 100 NM NBAA IFR reserves. Assumes standard BOW, sea level departure and landing, unrestricted climb, cruise and descent with zero wind and standard (ISA) conditions en route.

Statements about performance and design as stated in this document are solely based on projections and forecasts, and are subject to change without notice.

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