Flexjet Reports 96 Percent Increase in New Fractional and Jet Card Sales - New business on the rise when comparing the first half of 2013 to that of the same period in 2012

DALLAS, Aug. 1, 2013 /PRNewswire/ -- (www.flexjet.com) – Flexjet, the world's second largest fractional jet ownership services provider, reports 96 percent growth of new fractional and jet card sales when comparing January to June 2013 to that of the same period in 2012. Within the first six months of this year, sales of new fractional shares increased a notable 112 percent, while new jet card sales grew a solid 68 percent.

"The skies continue to brighten for Flexjet, which is seeing an upward trend in both new fractional and jet card sales, as a result of our team's ability to customize product offerings, complemented by an increase in awareness from marketing efforts," said Deanna White, President, Flexjet. "With our sights now set on the second half of 2013 and beyond, our brand promise of offering the most exceptional travel experiences in the industry will continue to set Flexjet apart as the definitive private aviation provider of choice."

This year, Flexjet celebrates its 18th anniversary and its place as Bombardier's largest customer, taking delivery of more than 225 Bombardier business aircraft jets since its inception. Flexjet is the launch customer for the all-new Learjet 85 aircraft – the first business jet with both fuselage and wings built largely of carbon composite materials – and the next-generation Learjet 75 aircraft. The company also recently placed an order for two Challenger 350 super-midsize jets, enabling Flexjet to continue to manage one of the youngest collections of aircraft in the industry, averaging approximately six years of age.

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 14th 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 350, Challenger 605, Flexjet, Flexjet 25, Learjet 40, Learjet 45, Learjet 60, XR, Learjet 70, Learjet 75, Learjet 85 and The Evolution of Mobility are trademarks of Bombardier Inc. or its subsidiaries.

SOURCE Flexjet



RELATED LINKS
http://www.flexjet.com
http://www.bombardier.com

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