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Press Release: Bombardier Skyjet
October 28, 2003
WASHINGTON, DC -- Bombardier Skyjet, the nation's premier service for booking charter business jets and a unit
of Bombardier Aerospace, has announced two new enhancements to its Premier Fleet jet membership program, representing
the first time that a charter jet membership program has offered customers the flexibility to use their hours for
travel between two points in Europe or travel to Europe from North America.
Effective this month, Premier Fleet customers may apply their contract hours for travel between any of 25 countries
in Western and Eastern Europe, using a conversion ratio specific to their membership terms. Conversion ratios differ
depending on the type of Premier Fleet membership contract but, for example, a customer with a small jet membership
contract with unrestricted one-ways can use 1.6 Premier Fleet hours for 1.0 hour of flight time between two points
in Europe.
In addition, members may now use their Premier Fleet hours to "upgrade" to a transoceanic or other ultra
long-range trip originating in the United States. Bombardier Skyjet will offer transoceanic and other ultra long-range
trips through its existing network of top-notch, safety-audited charter operators, while trips within Europe will
be offered through the quality operator network serving its sister division in Europe.
The Premier Fleet jet membership program offers customers a block of 25, 50 or 100 hours of flight on a specified
aircraft size, at a guaranteed hourly rate plus a membership fee. The new travel options also apply to customers
of the Premier Fleet Plus-Learjet Class program, which enables members to specify a particular aircraft -- namely,
the midsize Bombardier Learjet 60.
According to Nicholas Houseman, general manager of Bombardier Skyjet, the new travel options provide a point of
differentiation for the company, as most other charter jet membership programs restrict travel to within a few
hundred miles of the continental United States. Now Premier Fleet customers can travel within, to, and from Europe.
"We believe these new options will offer greater flexibility to our customers," said Houseman. "We
listened to Premier Fleet customers who said they wanted to have the option of traveling to and within Europe by
private jet. We responded by developing a program that allows them to use their hours for longer trips and trips
abroad," he added.
About Bombardier Skyjet
Founded in 1997 and acquired by Bombardier Aerospace in 2000, Bombardier Skyjet offers the Premier Fleet private
jet membership program for frequent charter travelers. Premier Fleet offers customers a choice of 25, 50 or 100
flight hours in a preferred size of aircraft, and guaranteed availability with a 12-hour advanced reservation.
By charging a simple hourly rate for each hour flown, Premier Fleet eliminates the deadhead costs associated with
one- way jet travel and takes the confusion out of charter jet pricing. Premier Fleet is the only block-hour charter
membership program offering the option of earning credit toward whole or fractional aircraft ownership. Premier
Fleet Plus -- Learjet Class offers customers the opportunity to specify the Learjet 60 as their aircraft of choice.
Bombardier Skyjet also offers on-demand charter business jets through its quality network of safety-audited charter
operators. Charter flights are available by calling 1-888-2-SKYJET or by visiting www.skyjet.com.
About Bombardier
Bombardier Aerospace, a unit of Bombardier Inc., is a world leader in the design and manufacture of innovative
aviation products and provides services for the regional, business and amphibious aircraft markets. It also offers
Bombardier Flexjet and Bombardier Skyjet business aircraft programs, technical services, and aircraft maintenance
and pilot training for business, regional airline and military customers.
Bombardier Inc., a diversified manufacturing and services company, is a world-leading manufacturer of business
jets, regional aircraft, rail transportation equipment and motorized recreational products. It also provides financial
services and asset management in business areas aligned with its core expertise. Headquartered in Montreal, Canada,
the Corporation has a workforce of some 75,000 people and manufacturing facilities in 25 countries throughout the
Americas, Europe and Asia-Pacific. Its revenues for the fiscal year ended Jan. 31, 2003 stood at $23.7 billion
Cdn. Bombardier shares are traded on the Toronto, Brussels and Frankfurt stock exchanges (BBD, BOM and BBDd.F).
Source: Bombardier Skyjet