DALLAS, Texas, Feb. 13, 2006 - As the launch customer for the new Bombardier Learjet 40 XR, Bombardier Flexjet, the fractional business jet ownership program of Bombardier Aerospace, announced the induction of the first three aircraft into the Flexjet fractional fleet. Flexjet will take delivery of an additional four Learjet 40 XR aircraft in 2006 and current backorder of share sales reflects robust market demand for the new jet.

The Learjet 40 XR is a new version of the all-new Learjet 40 light business jet that entered service in January 2004 – for which Flexjet also was the launch customer. “The Learjet 40 has been an outstanding addition to the Flexjet lineup and has contributed substantially to our sales performance in the past two years,” said Bob Knebel, vice president, sales. “We are excited to have the distinction of being the launch customer for the very first Learjet 40 XR aircraft and look forward to continued success with that model,” added Mr. Knebel.

According to Rick Handschuch, Flexjet chief pilot, the first two Learjet 40 XR aircraft, based at Flexjet facilities in Dallas, have already elicited rave reviews from pilots and customers. “Learjets are pacesetting high-performance jets, and the Flexjet pilots who fly them and the fractional customers who own them tend to be true enthusiasts,” said Handschuch. The new Learjet 40 XR offers the highest performance characteristics in the light jet class, surpassing the already-outstanding Learjet 40, and both our pilots and owners are ecstatic about this jet,” said Handschuch. “Its setting a new standard in its class and its a thrilling aircraft to pilot and experience as a business jet traveler.”

Among the new performance milestones set by the new Learjet 40 XR are the ability to fly even farther under hot and high conditions and out of challenging airfields, faster time-to-climb performance and reduced flight times. The performance achievements were accomplished chiefly through a powerplant enhancement – with the addition of newly upgraded Honeywell TFE731-20-BR twin turbofan engines, which have been in service on the Learjet 45 XR super light business jet – another outstanding aircraft in the Flexjet fleet.

Bombardier, Flexjet and Learjet are trademarks of Bombardier Inc. or its subsidiaries.

ABOUT FLEXJET

Established in 1995 and based in Dallas, 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 most appropriate aircraft type for their needs, determine the number of hours per year they fly, and purchase shares of the Bombardier business jets starting at a share size of 1/16th (equal to 50 flying hours per year). Flexjet guarantees 24-hour access to its fleet with as little as six hours notice and can fly into 10 times the number of airports available to commercial flights, for maximum travel flexibility. Owners pay predictable monthly management and usage fees, while Bombardier Flexjet manages aircraft maintenance, flight crews, hangars, fuel and insurance on their behalf. Flexjet is the only fractional provider that fields an exclusive family of Bombardier business jets, including the Learjet 40XR, Learjet 45XR, Learjet 60, Challenger 300 and Challenger 604.

ABOUT BOMBARDIER
 
A world-leading manufacturer of innovative transportation solutions, from regional aircraft and business jets to rail transportation equipment, Bombardier Inc. is a global corporation headquartered in Canada. Its revenues for the fiscal year ended Jan 31, 2005 were $15.8 billion US and its shares are traded on the Toronto Stock Exchange (BBD). News and information are available at www.bombardier.com. Bombardier, Learjet, Challenger and Flexjet are trademarks of Bombardier Inc. or its subsidiaries.

FOR INFORMATION
 
George-Ann Rosenberg
Bombardier Flexjet
(202) 887-1921
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