VistaJet Places Firm Order for 10 Bombardier Global 8000 Jets

PARIS, FRANCE--(Marketwire - June 21, 2011) - Bombardier Aerospace today announced that VistaJet of Switzerland has placed a firm order for 10 Global 8000 aircraft. The total value of the order is approximately $650 million US, based on the 2011 list price for typically equipped aircraft.

"It was eight years ago, also at the Paris Air Show, that our two companies began this journey, and only six years ago at Paris that VistaJet placed its first Global aircraft order," said Steve Ridolfi, President, Bombardier Business Aircraft. "It's a true testament to our products and people that VistaJet, an industry leader in luxury aviation, continues its global expansion with an all-Bombardier fleet. Like Bombardier, VistaJet is a leader in developing new markets, where our aircraft are ideally suited to meet the demanding needs of customers. There is an increasingly strong demand for large cabin business jets that can connect virtually any city pair worldwide non-stop, and the Global 8000 jet is the only contender to meet this requirement."

VistaJet, a privately owned company offering revolutionary business aviation solutions through its one-of-a-kind Flight Solutions Program, exclusively purchases and operates Bombardier business aircraft. Just one month ago, Bombardier confirmed that VistaJet ordered two Challenger 605 and six Global 6000 jets in late January 2011. This latest Global aircraft order raises VistaJet's order backlog value to approximately $2 billion US.

"This aircraft order confirms our development strategy is on track as we rapidly establish ourselves in the world's fastest growing markets," said Thomas Flohr, Founder and Chairman, VistaJet. "VistaJet has successfully expanded far beyond Europe's borders, and we now have major customers in Asia, the Middle East, Africa, Russia and the Commonwealth of Independent States (CIS) who require longer-haul aircraft with state-of-the-art cabins. The Global 8000 business jets are ideal to meet the needs of our passengers in these regions. As we grow our global network, our customers can be ensured a consistent experience with the best aircraft, cabins and service worldwide."

Global 8000 aircraft: Flying farther than any other business jet*, the Global 8000 aircraft will feature a superior three-zone 2,236-cu.ft. (63.32-cu.m.) cabin and an impressive range of 7,900 nm (14,631 km) at M 0.85*. It will connect Sydney-Los Angeles, Hong Kong-New York and Mumbai-New York non-stop with eight passengers*. The Global 8000 jet will reach a high-speed cruise of M 0.90*. Entry-into-service is currently scheduled for 2017.

Unmatched performance

Bombardier's new Global aircraft will feature an all-new high-speed transonic wing, designed to significantly optimize aerodynamic efficiency, combined with next-generation GE Passport 16,500 lb- thrust-engines to deliver significant efficiency and emissions advantages, including reduced NO_x emissions – 50 per cent below the International Civil Aviation Organization's upcoming Civil Aircraft Emissions Protocol (CAEP-6) regulations – and offering approximately 14 percent overall fuel efficiency when compared to current in-production ultra long-range category jets. Featuring a high-speed cruise of M 0.90*, these aircraft are designed to outperform all others, connecting more key city pairs non-stop worldwide through a combination of outstanding range, fuel efficiency and balanced field length.

Ultimate comfort and flexibility

Cabin features include: maximum natural light through new enlarged windows that provide approximately 80 per cent more surface per window than on current Global aircraft; a generous baggage suite that is accessible during flight; a crew rest area equipped with berthable seating; a spacious galley with optimized meal preparation and storage possibilities; an innovative approach to cabin zones, giving customers more flexibility and choice when defining their floorplan; and innovative design options that bring the comforts of home to the aircraft environment.

Innovative technology and design

The new Global 8000 jet will also feature the most up-to-date version of the Global Vision flight deck and the advanced connectivity capability of a leading-edge cabin management system to ensure the highest levels of convenience, comfort and control ever presented in a business jet.

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 January 31, 2011, were $17.7 billion, 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 or follow us on Twitter @BombardierInc.

Notes to editors

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*Under certain operating conditions

Bombardier, Challenger 605, Global, Global 6000 and Global 8000 are trademarks of Bombardier Inc. or its subsidiaries.