September 21, 2018 Toronto Commercial Aircraft, Press Release

SpiceJet becomes the first airline to take advantage of the Q400 aircraft’s increased profit potential
Bombardier Commercial Aircraft today announced the delivery of its first 90-seat Q400 aircraft. The aircraft was handed over to India’s SpiceJet Limited (“SpiceJet”) the launch operator for the extra-capacity, 90-seat aircraft.

“We are excited to induct the 90-seat Q400 aircraft into our fleet,” said Ajay Singh, Chairman and Managing Director, SpiceJet. “The additional seats and performance improvements will result in substantial reduction in unit costs and also we will be able to address our market needs in the regional space.”

“The delivery of the first 90-seat Q400 aircraft showcases the commitment of Bombardier’s Q Series turboprop program to respond to customer requirements as they address traffic growth in regional markets,” said Todd Young, Head of the Q Series Aircraft Program, Bombardier Commercial Aircraft.

“I thank and congratulate the employees and suppliers who have worked tirelessly to deliver this most recent enhancement to the Q400 aircraft, and I also thank our customer, SpiceJet for its strong support and collaboration in this continuous improvement program.”

“This is a very important milestone for the Q400 aircraft program because the 90-seat option demonstrates the increased profitability potential that this unique turboprop has to offer,” said
Colin Bole, Senior Vice President, Commercial, Bombardier Commercial Aircraft. “The increased passenger capacity allows 15 per cent reduction of seat cost compared to the previous standard Q400 aircraft and provides an enormous benefit for airlines. We are thrilled that SpiceJet will be the first operator to showcase the unique capabilities and unbeatable productivity of our turboprops.”

ALLISON LAMPERT | MONTREAL | REUTERS | SEPTEMBER 20, 2018

Canadian aircraft leasing company Global Vista, one of the largest customers for Bombardier’s long-range Global 7500 business jet, said on Thursday it expects greater demand for the plane after Canadian and U.S. regulators certify the aircraft.

Bombardier expects Canadian certification this month, a necessity if the Montreal-based plane-and-train maker is to begin delivering its flagship business jet to clients, Reuters reported this week citing sources. Regulator Transport Canada has the final say on timing.

“My personal belief is that after the aircraft is certified there will be pent-up demand because people want to see a certified aircraft,” Vista Global Chairman Thomas Flohr said in a phone interview.

The Global 7500, which is sold out until 2021, is expected to enter service this year and is crucial to Bombardier’s turnaround efforts after it sold a majority stake in its CSeries commercial jetliner program to Europe’s Airbus.

Bombardier has not disclosed the number of orders it has received for the Global 7500, which will challenge U.S rival Gulfstream Aerospace’s dominance of the top end of the market for long-range corporate planes.

The aircraft has a range of 7,700 nautical miles and carries up to 19 passengers and crew.

Flohr said Vista Global, a business aviation group that operates separate divisions aimed at services like leasing and chartering aircraft on a pay-for-hours structure, said he expects to begin taking deliveries from Bombardier in September 2019.

Flohr said he would make delivery slots for the 7500 available to customers through Vista Global’s leasing arm in 2020.

His remarks came after privately held Vista Global on Thursday agreed to buy California-based charter XOJET, which offers on-demand access to its 43 corporate planes through membership programs.

Vista Global expects further consolidation in the fragmented corporate charter market, as part of an industry trend that would help reduce costs and create more uniform standards for private jets.

Flohr would not disclose the deal’s value, or Vista Global’s revenues.

While a hefty supply of used aircraft has prompted planemakers to cut production of new corporate jets in recent years, some forecasters expect sales to pick up between 2019-2027, in line with global GDP growth. Buyers include individuals and corporations, but also owners of fleets who sell either on-demand programs, or equity in a plane through fractional ownership.

11 SEPTEMBER, 2018 SOURCE: FLIGHT INTERNATIONAL BY: KATE SARSFIELD LONDON

Bombardier has introduced an avionics upgrade for its Learjet 70 and 75 business jets, in a move that could help to stimulate demand for the slow-selling light and superlight types.

The pair will be equipped with an enhanced version of the Garmin G5000 suite, with the bespoke software refinements developed in partnership with the US flightdeck specialist.

Bombardier says improvements to the avionics include climb, cruise and descent vertical navigation functions and enhanced take-off and landing performance calculations – all designed to boost the overall efficiency and performance of the aircraft and reduce workload for the pilots.

“Avionics is one of the fastest-evolving systems on a modern aircraft and the upgrade will make sure our Learjet 75 and Learjet 70 business jet customers remain ahead of the curve,” says Bombardier Business Aircraft’s senior vice-president of worldwide sales and marketing, Peter Likoray.

Flight trials are under way on a Learjet 75 demonstrator in Wichita, Kansas, home to Bombardier’s test centre and Learjet manufacturing facility. Certification and service entry are scheduled for the second half of 2019. The upgrade will also be available as a retrofit for existing Learjet 70 and 75 operators.

The pair were introduced in 2012 as revamped versions of the Learjet 40 and 45, featuring more powerful Honeywell TFE731-40BR engines, a new interior and the then-new G5000 touchscreen flightdeck.

Take-up for the aircraft has been sluggish, however. Flight Fleets Analyzer records a global inventory of only 14 Learjet 70s, with the type reaching its annual delivery peak of seven units in 2014.

Shipments of the larger cabin Learjet 75 reached 25 units in 2015, Fleets Analyzer shows, with a total inventory of 113 aircraft recorded worldwide.

Speaking on a second-quarter earnings call in August, Bombardier chief executive Alain Bellemare attributed the weak demand for the pair to the very competitive and “price sensitive” light jet sector, where the $11.3 million Learjet 70 and $13.8 million Learjet 75 compete against less expensive types.

Despite the sluggish sales, the company plans to keep the production line running at a rate of around 12 a year, says Bellemare, not least to sustain a “strong aftermarket revenue stream” of some 2,000 in-service Learjets.

September 10, 2018 Toronto – Commercial Aircraft, Press ReleaseBombardier Commercial Aircraft announced today that Biman Bangladesh Airlines Ltd. has ordered three new Q400 turboprops by signing a purchase agreement with the Canadian Commercial Corporation (CCC).

Based on the list price of the Q400 aircraft, the firm order is valued at approximately US$106 million.

“We are very pleased that Biman is expanding its Q400 fleet with this order for three new aircraft,” said François Cognard, VP, Sales, Asia Pacific. “The Q400’s greater seating and cargo capacity really set it apart from the competition. Furthermore, the Q400’s mix of turboprop economics and jet like performance were the best match for Biman’s mix of short and long-range routes. Operators coming back for more Q400 aircraft really validates the benefits of the aircraft’s unique characteristics.”“We are very excited about adding these Q400s to our fleet. We currently operate two Q400s and without hesitation, we can say that these aircraft are ideal for our domestic and regional operations,” said Mr. A M Mosaddique Ahmed, Managing Director and CEO, Biman Bangladesh Airlines. With its outstanding economics, comfort and operational flexibility, the Q400 will allow us to offer high frequency services within Bangladesh and neighboring countries.”

“We are extremely pleased to be supporting Bombardier in selling their Q400 aircraft to Biman Bangladesh Airlines Ltd.,” said Ian McLeod, Vice-President of Business Development and Sales for the Canadian Commercial Corporation. “Canada and Bangladesh enjoy strong bi-lateral ties through trade and investment, development cooperation, and people-to-people links. Increasing the capacity of the national carrier supports these efforts and the economic growth of the country; improving their lives of Bangladeshis by increasing their access to domestic and international destinations.”

September 5, 2018 Montréal

• The Bombardier Vision flight deck is recognized as one of the most advanced flight decks in the light jet category
• The latest Garmin G5000 avionics upgrade enhances the aircraft’s capabilities and paves the way for future technological enhancements
• Bombardier will make the upgrade available on new Learjet 75 and Learjet 70 aircraft or as a retrofit package
• Learjet 75 aircraft features the quietest and most private cabin in class, an eight-seat double-club configuration, a smooth ride and the only flat floor in the light jet category

Bombardier Business Aircraft and Garmin today announced a significant avionics upgrade for the Bombardier Vision flight deck aboard the Learjet 75 and Learjet 70 aircraft, which are already equipped with one of the category’s most generous and advanced cockpits, powered by the Garmin G5000 avionics suite. The upgrade, currently in flight testing, will enhance the aircraft’s capabilities for customers to access the most favourable routes as well as pave the way for future technological enhancements.

The Learjet 75 aircraft is the best performing productivity business tool in the light category – and the avionics enhancement takes the aircraft to a new level of efficiency and effectiveness. The updated avionics suite will be offered on new Learjet 75 and Learjet 70 business jets with a retrofit on in-service models made available concurrently.

The update to the popular Garmin G5000 avionics suite on the Bombardier Vision flight deck will bring workload reducing improvements, including climb, cruise and descent vertical navigation, enhanced take-off and landing performance calculations and much more. In addition, FANS 1/A+, which will enable customers to access the most efficient and favourable routes, will be offered as an option. It will ensure readiness for modernized airspace requirements and deliver efficiency gains that are expected to lower direct operating costs.

“Avionics is one of the fastest-evolving systems on a modern aircraft and the upgrade will make sure our Learjet 75 and Learjet 70 business jet customers remain ahead of the curve,” said Peter Likoray, Senior Vice President, Worldwide Sales and Marketing, Bombardier Business Aircraft. “The Learjet 75 and Learjet 70 aircraft are the definitive business productivity tools for today and tomorrow.”

“Learjet aircraft are symbols of innovation, efficiency and performance and the G5000 update perfectly enhances the performance and reliability of this iconic business jet family,” said Carl Wolf, Garmin’s Vice President of Aviation Sales and Marketing. “We are pleased to partner with Bombardier Business Aircraft to provide these highly-anticipated updates to our mutual customers.”

Learjet aircraft are renowned worldwide for their sleek ramp appeal and are favoured by pilots for their handling characteristics and high-performance.

Learjet 70 aircraft: The Learjet 70 aircraft is the most trusted light-midsized business aircraft platform among Fortune 50 and 500 companies. The aircraft offers a smooth ride, top reliability and performance, and its cabin is designed for the utmost comfort – easily accommodating six passengers and two crew members.

Learjet 75 aircraft: As part of the well-established Learjet family, the class-defining Learjet 75 aircraft continues to set the standard by bringing large jet features to a light jet platform. The Learjet 75 aircraft is the only business jet in its class to feature an eight-seat double-club configuration and a flat floor throughout the cabin, offering a smooth ride and the ultimate in comfort.

To view a video of the Learjet 75 Bombardier Vision flight deck featuring Garmin G5000 in perfect harmony: https://www.youtube.com/watch?v=5WI1lYaT0sQ.

August 22, 2018 Montréal – Bombardier Inc., Press Release

Bombardier (TSX: BBD.B) today announced the appointment of Danny Di Perna as Chief Operating Officer, Aerospace, effective September 15, 2018. In this new position, Danny will report directly to Alain Bellemare, President and Chief Executive Officer, Bombardier Inc. and assume responsibility for leading the company’s aerospace engineering, procurement and transformation functions. Bombardier’s Aerostructures and Engineering Services segment will also report to Danny.

“We are thrilled to welcome Danny to the Bombardier leadership team,” said Bellemare. “He is an exceptional and engaging leader, with deep aerospace experience and a proven track record of success improving operational efficiency at leading industrial and aerospace companies.”

“Danny will work closely with me, David Coleal, President, Bombardier Business Aircraft, Fred Cromer, President, Bombardier Commercial Aircraft and the rest of the senior leadership team to execute an industrial strategy that supports our production ramp-up, improves our competitive position and accelerates our transformation,” Bellemare continued. “Danny will also play a key role in optimizing our aerospace engineering and product development capabilities to ensure long-term sustainable growth.”

Danny brings more than 30 years of aerospace and industrial experience to Bombardier. Most recently, he served as Vice President of Global Sourcing for GE Power. In this role, Danny was responsible for strategic sourcing, procurement and supplier quality. Prior to that, Danny held a number of senior leadership positions, with United Technologies Corporation, including Senior Vice President of Operations for UTC’s Pratt & Whitney Division and Vice President and General Manager of the Auxiliary Power Division for the Hamilton Sundstrand Division. Before that, Danny held the position of Senior Vice President, Aircraft and Engine Maintenance at Air Canada Technical Services.

Danny began his career at Pratt & Whitney Canada, where he held positions of increasing responsibility within engineering, manufacturing and operations. He earned a bachelor’s degree in Mechanical Engineering from Concordia University and a Masters of Business Administration from McGill University.

“Driving operational excellence and delighting customers with the highest quality and performance is critical to Bombardier’s long-term success,” stated Bellemare. “With Danny’s appointment, and Laurent Troger’s recent appointment of Jim Vounassis as Chief Operating Officer at Bombardier Transportation, we now have the right operational leadership talent to ensure we deliver on our growth potential across the entire portfolio.”