Bombardier Secures Order for up to 110 Learjet 60 XR Aircraft

Released on Friday, June 20, 2008

Bombardier Aerospace today announced a significant business jet sale as an undisclosed European customer placed an order for 110 Learjet 60 XR aircraft, of which 25 are firm and 85 are conditional aircraft orders. The transaction for the firm order is valued at approximately $340 million U.S. and the total value of the contract, if all conditional orders are confirmed, will be approximately $1.5 billion U.S., based on the 2008 list price of a typically equipped aircraft. Deliveries are scheduled to begin in 2009.

"This is a tremendous announcement for Bombardier," said Steve Ridolfi, president, Bombardier Business Aircraft. "This major sale confirms that the Learjet 60 XR aircraft offers an optimum performance-cabin-value combination that is key for midsize jet operators. With nearly 45 years of history Learjet aircraft are the proven choice for leading flight departments worldwide."

In service since July 27, 2007, the Learjet 60 XR aircraft combines the extraordinary value and high-speed performance of its predecessor, the Learjet 60 aircraft, with a state-of-the-art Rockwell Collins Pro Line 21 avionics suite and a completely redesigned cabin.

The Pro Line 21 avionics suite features the latest flight deck design, human factors concepts and system technology, equipping pilots with immediate, intuitive access to vital flight information. The totally redesigned interior features five available floorplans, a larger galley, a brighter and more spacious lavatory, a new cabin management system with three-inch (7.6-cm) LCD control modules and ports for laptops, MP3 players and other audio/video equipment and LED lighting is featured throughout the cabin.

Learjet is the first name in corporate aviation. Since acquiring Learjet Inc. in 1990, Bombardier Aerospace has carried forward the brand's proud legacy by launching eight high-performance and fuel-efficient aircraft.