Fractional Operator Touts Young Fleet

Bombardier Flexjet, the fractional business jet ownership program of Bombardier Aerospace, announced Wednesday the introduction of Bombardier's new Challenger 605 jets into the Flexjet fractional fleet.

"We are pleased to offer our customers the ultimate fractional jet ownership experience with the introduction of the Challenger 605 business jet, which provides superior wide-cabin comfort, technology, flexibility and productivity," said Mike McQuay, president, Bombardier Flexjet. "This newly redesigned jet is tailored for Flexjet owners. It seats more passengers, features a cutting-edge information, communication and entertainment system and offers enhanced safety systems."

The Challenger 605 jets are among 24 new aircraft scheduled to enter service with Flexjet in 2008. The additional new arrivals will include the best-selling, super-midsize Challenger 300 and the high-performance Learjet 60 XR. They will replace some of the aircraft currently in service. By replacing a large portion of its aircraft each year, Flexjet is able to maintain one of the youngest fleets of any fractional jet ownership company. Aircraft in the Flexjet fleet average 3.4 years in age.

"As a frequent traveler who often has family accompanying me on trips, safety is definitely a top priority," said John Strelitz, a longtime Flexjet fractional jet owner. "Knowing that Flexjet has one of the youngest and most technologically-advanced fleet of aircraft gives me peace of mind."

Established in 1995 and based in Richardson, TX, Bombardier Flexjet offers a turnkey program allowing individuals or companies to purchase a share in a Bombardier business jet at a fraction of the full ownership cost. Flexjet owners select the aircraft type that best fits their needs, determine the number of hours per year they expect to fly, and purchase shares starting at 1/16th (equal to 50 hours of flying).

Owners pay predictable monthly management and usage fees, while Flexjet manages aircraft maintenance, flight crews, hangars, fuel and insurance on their behalf. Flexjet fields an exclusive family of Bombardier business jets, including the Learjet 40 XR, Learjet 45 XR, Learjet 60 XR, Challenger 300 and newly redesigned Challenger 605 business jets.

FMI: www.bombardier.com, www.flexjet.com