Bombardier Flexjet recognized for providing “perhaps the best, most consistent service in the business” and as the fastest-growing fractional business jet operator

DALLAS, June 30, 2008 — Bombardier Flexjet, the fractional business jet ownership program of Bombardier Aerospace, has earned the “Best of the Best” distinction among private aviation providers by Robb Report in its 20th annual “Best of the Best” issue published in June 2008.  Bombardier Flexjet was recognized for providing “perhaps the best, most consistent service in the business,” as reported by many aviation consultants assisting Robb Report in compiling its list. In addition, Bombardier Flexjet was recognized as the fastest-growing fractional business jet operator.

“As a company that prides itself on providing world-class service, we are honored to receive this distinction by Robb Report,” said Michael McQuay, President, Bombardier Flexjet. “We are also pleased to be recognized as the fastest-growing fractional operator, as this is an area where our steadfast efforts have resulted in more than doubling our share of the fractional ownership market since 2003.”

Since Flexjets inception in 1995, its fleet—one of the youngest of any fractional jet ownership company, with aircraft averaging 3.4 years in age—has grown to include more than 100 aircraft.  Flexjet recently announced the addition of the new Challenger 605 aircraft to its fleet in late April, which are among 24 new aircraft to enter service with Flexjet in 2008.

Robb Reports “Best of the Best” issue highlighted a number of Flexjets offerings including: ferry fee waivers to fractional owners traveling to and from designated regions outside of Flexjets Primary Service Area, which includes the continental United States, parts of Canada, Mexico and the Bahamas; Flexjets commitment to have aircraft ready for owners with as little as six hours notice; and its guarantee that clients will fly on a Flexjet managed jet at least 95 percent of the time.

As part of Flexjets expanded Secondary Service Area (ferry fee waiver) program, fractional jet owners can take advantage of travel to and from even more destinations without having to pay repositioning fees that absorb the cost of bringing an aircraft back to the United States. Owners can now travel to and from all Central America (Nicaragua, Costa Rica, Panama, Belize, Honduras, Guatemala and El Salvador), Canada, the Caribbean region, Bermuda, the Bahamas and Mexico. Additionally, fractional owners of long-range Challenger jets may benefit from ferry fee waivers for travel to and from Hawaii and Europe.

Also mentioned in Robb Reports special issue were the Flexjet 25* jet card program and Flexjets Versatility Plus program. Unlike traditional jet card programs, the Flexjet 25 card is available in 25-, 30- and 35-hour increments and allows cardholders to choose the number of days per year they wish to fly–275, 325, 355 or 365. In addition, if Flexjet 25 cardholders arent 100 percent satisfied after their first flight, their unused hours will be refunded with no questions asked. The Flexjet 25 card offers fliers a way to sample private aviation without assuming ownership of a plane.

Flexjets Versatility Plus program, unique in the fractional jet industry, allows fractional jet owners to custom-design flying right down to the hour and type of aircraft they wish to utilize.  This program offers the flexibility of exchanging hours with other Flexjet owners to more closely match actual flight hour requirements during a given year. Participants can gain access to more hours without the need to borrow from future years or realize value from unused hours by making them available to others.

About Bombardier Flexjet
Established in 1995 and based in Richardson, Texas, Bombardier Flexjet offers a turnkey program allowing individuals or companies to purchase a share in a Bombardier business jet at a fraction of the full ownership cost. Flexjet owners select the aircraft type that best fits their needs, determine the number of hours per year they expect to fly, and purchase shares starting at 1/16th (equal to 50 hours of flying per year).

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