Flexjet To Take 51 New Bombardier Aircraft
In response to increased demand for
Flexjet aircraft, Bombardier is reserving 51 aircraft positions
with a value of approximately $829 million for delivery to Flexjet
over the next three years. This is in addition to the 16 new
aircraft added to the Flexjet fleet since January 1, 2004, and
represents both replacement of existing aircraft in the Flexjet
fleet and net additional aircraft resulting from new sales of
fractional shares.
More than 60 per cent of the planned deliveries will be Learjet
40 XR and Challenger 300 aircraft. These new Bombardier aircraft
types helped Flexjet to achieve a 67 per cent increase in the
number of new owners during 2004 compared with the previous year.
Response from current Flexjet owners has also been tremendous and
the company expects that many of these future aircraft will be sold
to existing customers as their contracts come up for renewal.
"The new Bombardier Challenger 300
and Learjet 40 aircraft contributed to our rebound in sales during
2004 and our positive outlook for the future," said Michael McQuay,
President, Bombardier Aircraft Services.
Flexjet owners purchase an interest in a Bombardier-built
business jet that is managed on their behalf by Flexjet. The
company provides trip reservation and scheduling, flight crews,
aircraft maintenance and insurance.
"The Challenger 300 is perfect. It has comfort, range, and
speed. What else do you need? I can honestly say it has extended my
career," said Lance Armstrong, six-time winner of the Tour de
France.
"I chose the Bombardier Challenger 300 because it is one of the
most efficient, highest performing aircraft available", said
Michael Connors, president emeritus, AOL Technologies. "I have been
very satisfied during my five years with Bombardier Flexjet and
decided to renew and increase my ownership due to their
responsiveness and the value they offer compared to other
programs."
"We have been flying with Bombardier Flexjet since 1999 and have
enjoyed the service. We recently decided to move into the Learjet
40 XR. It's quick, comfortable and has lots of room for baggage,"
said PGA TOUR professional Scott Verplank.
These new aircraft will support the complete range of private
jet travel services offered by Bombardier. Companies and private
individuals can select everything from the Flexjet 25-hour jet card
or a full-service fractional ownership share in Learjet 40 XR,
Learjet 45 XR, Learjet 60, Challenger 300 or Challenger 604
aircraft.
As part of Bombardier, a world leading manufacturer of business
aircraft, Flexjet is the only fractional jet ownership program that
offers the complete line of Bombardier-built Learjet and Challenger
family of aircraft. Flexjet continues to lead the fractional
ownership industry in program innovation and flexibility by
offering the widest variety of share sizes and program enhancements
such as Versatility Plus and AnyTime Options.
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