the ‘Corporate Shuttle’ configuration in the corporate airliner category. The Challenger 850 is capable of flights of approximately 2,700 nautical miles with eight passengers and two crew members under certain operating conditions. All Challenger 800 series aircraft are derivatives of the CRJ aircraft. Embraer-Empresa Brasileira de Aeronáutica S.A. (Embraer), The Boeing Company, and Airbus S.A.S., a subsidiary of European Aeronautic Defence and Space Company EADS N.V. (Airbus) compete with Aerospace in this market. Learjet Family The Learjet family’s production models are the Learjet 40 XR, the Learjet 45 XR and the Learjet 60 XR. The Learjet 40 XR aircraft is capable, under certain operating conditions, of flying at cruising speeds of up to Mach 0.81 and has a maximum range of up to 1,766 nautical miles with four passengers and two crew members. The main competitors of the Learjet 40 XR business jet are the Cessna Citation Encore+, CJ3 and CJ4 (in development), the Hawker 400XP, the Hawker 450XP (in development) and the Embraer Phenom 300 (in development). The Learjet 45 XR aircraft has a maximum range of 1,997 nautical miles with four passengers and two crew members and can reach cruising speeds of up to Mach 0.81 under certain operating conditions. The Learjet 45 XR business jet competes with the Cessna Citation XLS+, the Hawker 750 and the Embraer Legacy 450 (in development). The Learjet 60 XR business jet has a maximum range of 2,419 nautical miles, with four passengers and two crew members and can reach cruising speeds of up to Mach 0.81 under certain operating conditions. Competitors of the Learjet 60 XR business jet include the Gulfstream G150, the Hawker 850XP, the Hawker 900XP, the Cessna Sovereign and the Embraer Legacy 500 (in development). Commercial Aircraft: Aerospace markets and sells the CRJ family of regional jets, the Q-Series family of turboprops and the CSeries aircraft family to airline companies and also provides maintenance and modification services to its customers. CRJ Aircraft: The CRJ family consists of the 40-, 44- and 50-seat CRJ200 aircraft4, the 70-seat CRJ700 NextGen aircraft, the 75-seat CRJ705 NextGen aircraft, the 88-seat CRJ900 NextGen aircraft and the 100-seat CRJ1000 NextGen regional jet, launched in February 2007, designed specifically to meet the growing passenger needs of regional airlines for jets up to 100 seats. The first flight of the CRJ1000 NextGen regional jet was completed from the Mirabel, Québec site in September 2008. Aerospace has one major competitor for the CRJ aircraft family, Embraer, which produces a 37-passenger jet, the ERJ 135, a 44-passenger jet, the ERJ 140 and a 50-passenger jet, the ERJ 145. Embraer also offers the 70-passenger jet Embraer 170, the 86-passenger jet Embraer 175 and the 100-passenger jet Embraer 190. Additional companies currently developing competitive products in the regional jet category include Commercial Aircraft Corporation of China, Ltd., a stated-owned company in which China Aviation Industry Corporation (formerly known as AVIC I Commercial Aircraft Co.) holds an interest, Mitsubishi Heavy Industries Ltd. and Sukhoi Company (JSC). Q-Series Aircraft: The Q-Series family of turboprops consists of the 37-seat Q200 aircraft, the 50-seat Q300 aircraft and the 68-to 78-seat Q400 NextGen aircraft. The main products in competition with the Q-Series aircraft family come from Avions de Transport Regional (ATR). The Q300 aircraft faces competition from the 46-passenger ATR 42 and the Q400 aircraft from the 66-passenger ATR 72. CSeries Aircraft: The CSeries family of commercial aircraft consists of the 100- to 125-seat CS100 aircraft and the 120- to 145-seat CS300 aircraft, and is set to redefine the 100- to 149-seat category. Specialized and Amphibious Aircraft Specialized and Amphibious Aircraft regroups those divisions of Aerospace having governments as principal customers; this includes the manufacturing and marketing of amphibious aircraft, the provision of special mission aircraft solutions as well as the delivery of military aviation training. Aerospace manufactures and markets the Bombardier 415 amphi
(BBD/B:Toronto Stock Exchange)
800 René-Lévesque Boulevard West
Montréal, QC H3B 1Y8
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