Flexjet Launches First Learjet 85 Aircraft Fractional Jet Ownership Sales Program

DALLAS, Aug. 17, 2011 /PRNewswire/ -- (www.flexjet.com/learjet85) -- After years of anticipation, Flexjet is launching its fractional jet ownership sales program of Bombardier's Learjet 85 aircraft as the manufacturer's first customer. Designed from a clean sheet, the all-new Learjet 85 aircraft is the first FAR Part 25 certified business jet with both fuselage and wing built primarily from carbon composites and features the latest advances in aerodynamics, structures and efficiency to usher in a new class of performance and comfort.

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To ensure new and current owners a seamless transition to the Learjet 85 aircraft upon its anticipated delivery in 2013, Flexjet is offering guaranteed access and availability to its elite fractional ownership program fleet of Flexjet aircraft—the youngest in the industry with an average age of approximately four years. As an added benefit for existing owners who place a deposit on a Learjet 85 aircraft fractional share, Flexjet will waive early termination fees for existing contracts on other aircraft types that will not expire until after the delivery of the Learjet 85 aircraft.

"Flexjet is thrilled to offer its owners the first opportunity to experience private aviation at its very best aboard the all-new Learjet 85 aircraft," said Fred Reid, President, Flexjet. "Designed to fly farther than any Learjet aircraft ever built, this new aircraft lives up to its legendary lineage while setting a new standard for passenger comfort."

Set to revolutionize the industry, the composite structures of the Learjet 85 aircraft enhance passenger comfort through the use of complex curves in the aircraft cross-section and thinner wall thickness to maximize cabin volume, creating the largest Learjet aircraft ever designed. Responsible for not only improving performance and minimizing drag through smoother aerodynamics, the airframe, made mostly of composite material, requires less maintenance and is easier to repair for an extended service life. Other innovations include the aircraft's state-of-the-art Pratt & Whitney Canada PW307B turbofan engine, the Rockwell Collins Pro Line Fusion avionics suite—one of the most advanced flight displays ever offered onboard a midsize aircraft—and an advanced entertainment and wireless Internet system.

The Learjet 85 aircraft is capable of accommodating eight passengers in a traditional double-club seating arrangement. With approximately 30 inches (76.2 cm) between each seat, passengers enjoy more room than ever when traveling on long distance flights. The aircraft offers a high-speed cruise of Mach 0.82 and a transcontinental range of up to 3,000 nautical miles (5,556 km)*, making the Learjet 85 aircraft the fastest and most efficient aircraft in its class. For more information and to learn about introductory pricing options, please call 888-503-8854 or visit www.flexjet.com/learjet85.

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 is the first fractional aircraft program manager in the world to be recognized as achieving the Air Charter Safety Foundation's Industry Audit Standard, and has been honored with its 12th 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 four 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 other flights (e.g. Flexjet 25 card program, charter card program, supplemental lift, etc.) are provided by U.S. air carriers in accordance with applicable laws and regulations, as Flexjet is not an air carrier.

About Bombardier

A world-leading manufacturer of innovative transportation solutions, from commercial aircraft and business jets to rail transportation equipment, systems and services, Bombardier Inc. is a global corporation headquartered in Canada. Its revenues for the fiscal year ended January 31, 2011, were $17.7 billion, and its shares are traded on the Toronto Stock Exchange (BBD). Bombardier is listed as an index component to the Dow Jones Sustainability World and North America indexes. News and information are available at www.bombardier.com or follow us on Twitter @Bombardier.

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. Flexjet acts as an agent for the customer for the Flexjet charter card and on-demand charter brokerage programs in arranging transportation operated under Part 135 by U.S. air carriers.

Bombardier, Challenger 300, Challenger 605, Flexjet, Flexjet 25, Learjet, Learjet 40, Learjet 45, Learjet 60, Learjet 85 and XR are trademarks of Bombardier Inc. or its subsidiaries.

*Range with 2 crew, 4 passengers (200 lb each) and 100 NM NBAA IFR reserves. Assumes standard BOW, sea level departure and landing, unrestricted climb, cruise and descent with zero wind and standard (ISA) conditions en route. All data is subject to change without notice.

SOURCE Flexjet