Flexjet Reports 83 Percent Growth in New Business

              Flexjet Reports 83 Percent Growth in New Business

-- As a result, Flexjet is hiring pilots to satisfy the increasing demand

PR Newswire

DALLAS, May 23, 2013

DALLAS, May 23, 2013 /PRNewswire/ --(www.flexjet.com) – Flexjet, the world's
second largest fractional jet ownership services provider, reports new
business growth of 83 percent when comparing Q1 2013 versus Q1 2012. During
this period, sales of fractional shares grew 108 percent, while new jet card
sales increased 48 percent. These positive reports follow new Flexjet
President Deanna White's first six months at the company's helm.

"With the economy picking up speed, owners who have been tentative since the
downturn have started to gain more confidence and are taking more and more
trips," said Deanna White, President, Flexjet. "Having the Dow Jones
Industrial Average reach a record-breaking 15,000 points is not only a
significant financial milestone, but also very good for our industry. People
are ready to get back to business, and Flexjet takes them there."

During the Easter travel weekend, Flexjet recorded flying hours at levels not
seen since the height of the market in 2007. As a result, Flexjet is currently
hiring pilots to satisfy the increasing demand.

"At Flexjet, we are focused on creating offerings that provide value and
flexibility for our owners, such as the FlexShare and Coastal Connect
programs," added Bruce Peddle, Vice President, Sales and Marketing, Flexjet.
"These products are contributing to the growth we experienced in the first
quarter of this year."

This year, Flexjet celebrates its 10^th anniversary of managing the Challenger
300 aircraft, the world's best-selling super midsize jet, and the 50^th
anniversary of Learjet, which is also owned by Bombardier. Flexjet is the
first customer for the all-new Learjet 85 aircraft – the first business jet
with both fuselage and wings built largely of carbon composite materials –
with deliveries scheduled for summer 2014.

For more information about Flexjet, please call 1-800-FLEXJET or visit
flexjet.com.

About Flexjet
Richardson, Texas-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 14^th 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. For more details on innovative programs and flexible offerings, visit
www.flexjet.com.

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 jet card flights are operated under Part 135 by U.S. air carriers. The
Flexjet 25 Jet Card Program is operated under Part 135 by Jet Solutions, LLC,
a U.S. air carrier. Flexjet acts as an agent for Jet Solutions, LLC, in
connection with the Flexjet 25 Jet Card program. With regard to all other jet
card flights, Flexjet acts as an agent for the air carrier or the customer in
arranging transportation operated under Part 135 by the U.S. air carrier.
Flexjet acts as an agent for the customer with on-demand charter broker
services when arranging transportation operated under Part 135 by U.S. air
carriers.

About Bombardier
Bombardier is the world's only manufacturer of both planes and trains. Looking
far ahead while delivering today, Bombardier is evolving mobility worldwide by
answering the call for more efficient, sustainable and enjoyable
transportation everywhere. Our vehicles, services and, most of all, our
employees are what make us a global leader in transportation.

Bombardier is headquartered in Montreal, Canada. Our shares are traded on the
Toronto Stock Exchange (BBD) and we are listed on the Dow Jones Sustainability
World and North America Indexes. In the fiscal year ended December 31, 2012,
we posted revenues of $16.8 billion. News and information are available at
bombardier.com or follow us on Twitter @Bombardier.

Bombardier, Challenger 300, Challenger 605, Coastal Connect, Flexjet, Flexjet
25, FlexShare, Learjet 40, Learjet 45, Learjet 60, XR  and The Evolution of
Mobility are trademarks of Bombardier Inc. or its subsidiaries

SOURCE Flexjet

Website: http://www.flexjet.com
Website: http://www.bombardier.com
Contact: Erin Portman, (512) 448-0502, Erin.Portman@TeamOne-usa.com
 
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