VistaJet Places Firm Order for Six Bombardier Business Jets

• Four ultra-long-range Global Express XRS and two large cabin Challenger 605 aircraft

(Farnborough, UK., July 20, 2010) -- Bombardier Aerospace today announced VistaJet of Switzerland has placed a firm order for four Global Express XRS aircraft and two Challenger 605 jets. The total value of the order is approximately $277 million US, based on the 2010 list price for typically equipped aircraft.

"This is great news for both our companies," said Steve Ridolfi, President, Bombardier Business Aircraft. "It reinforces the message that business aviation remains a valuable and necessary business tool for companies in Europe and around the world."

VistaJet is a privately owned company offering revolutionary business aviation solutions through its one-of-a-kind Flight Solutions Program. Including the order announced today, the VistaJet fleet comprises more than 30 medium to ultra-long-range, state-of-the-art jets with an average age of less than two years. The current fleet includes Learjet 40 XR, Learjet 60 XR, Challenger 300, Challenger 604, Challenger 605, Challenger 850 and Global Express XRS jets.

"VistaJet has expanded rapidly beyond Europe's borders. We now have major customers in the Middle East, Africa, Russia / CIS and Far East who require longer-haul aircraft with state-of-the-art cabins. Challenger and Global business jets are ideal to meet the needs of our passengers in these regions," said Thomas Flohr, Founder and Chairman of VistaJet. "As we continue to build our global network, we are glad we can rely on the strong products of the Bombardier business aircraft family to achieve our expansion goals."

Source : Bombadier Aerospace