Flexjet to be First Learjet 70 and Learjet 75 Aircraft Fractional Jet Ownership Provider

Technology innovations elevate new aircraft as some of the fastest in their class, provides enhanced experience for owners

Flexjet will be the first provider of fractional jet management services to offer access to Bombardier’s new Learjet 70 and Learjet 75 aircraft. Flexjet will be offering shares of Bombardier’s newest aircraft, with deliveries scheduled for 2013. Technological innovations position the Learjet 70 and Learjet 75 aircraft as some of the fastest, most innovative and productive aircraft in the light jet category.

“On the eve of its 50-year anniversary, Learjet has created new business jets that live up to its legendary lineage and are truly best in class,” said Fred Reid, President, Flexjet. “We are beyond proud to provide customers a chance to purchase new aircraft from this program and experience for themselves the next generation of private jet travel.”

Designed to fly farther than any other light aircraft ever built, the new Learjet 70 and Learjet 75 aircraft offer travelers higher cruise speeds, direct routing, additional city pairs and even more airport options. Inside the aircraft, enhanced cockpit technology provides greater efficiency for pilots, while passengers benefit from a seamless transition from their traditional desks to their new office in the sky. Highlights include a newly created workspace based on ergonomics and modern style, enhanced seat comfort and noise reduction measures.

The new Learjet aircraft added to Flexjet’s fractional program will feature the company’s new interior design updates, including honey-colored wood, light beige leather seats and accents of red throughout the cabin and galley. The addition of these new aircraft means Flexjet owners will continue to have access to some of the most technologically advanced aircraft available, and the youngest business jets in the industry.

About Flexjet Richardson, TX-based Flexjet—a division of Bombardier, the world’s largest business aviation manufacturer—first entered the fractional jet ownership market in 1995. Flexjet now offers whole aircraft ownership and management, fractional jet ownership, jet cards and charter brokerage services. Flexjet’s fractional aircraft program is the first in the world to be recognized as achieving the Air Charter Safety Foundation’s Industry Audit Standard, and Flexjet is the first and only company to be honored with its 13th FAA Diamond Award for Excellence. Flexjet’s fractional program fields an exclusive family of Bombardier business aircraft—the youngest in the fractional jet industry with an average age of approximately five years—including the Learjet 40 XR, Learjet 45 XR, Learjet 60 XR, Challenger 300 and Challenger 605 business jets. www.flexjet.com 1-800-FLEXJET.

Flexjet has an approved fractional ownership program pursuant 14 C.F.R. Part 91, Subpart K, and manages flights for individual aircraft owners under Part 91 whole aircraft management program. All other flights (e.g. Flexjet 25 Jet Card program, charter brokerage program, etc.) are provided by certificated air carriers in accordance with applicable laws and regulations, as Flexjet is not an air carrier.

Bombardier press release