New Alliance Expands Global Service for Flexjet, Jet Solutions and VistaJet Customers

- New relationship between world's leading aviation companies offers expansive global service.

- Flexjet and Jet Solutions customers flying internationally are guaranteed access across Europe and travel on an as available basis throughout the Middle East and Asia; VistaJet customers receive reciprocal travel benefits from Jet Solutions within the U.S.

- Travelers fly on renowned Bombardier aircraft at preferred rates.

News provided by

Flexjet

Feb 16, 2010, 07:02 ET

DALLAS and SALZBURG, Austria, Feb. 16 /PRNewswire/ -- Through a new agreement, Flexjet, Jet Solutions and VistaJet customers now have access to an expanded, streamlined global private aviation service. This new alliance between U.S.-based Jet Solutions, operator of the Flexjet 25* Jet Card Program under FAR Part 135, Flexjet and European-based VistaJet allows customers easy access to multiple destinations across the globe with the added benefit of preferred rates.

Flexjet fractional owners and Jet Solutions' Flexjet 25 Jet Card owners flying internationally are guaranteed access across Europe and travel on an as available basis throughout the Middle East and Asia on VistaJet's wholly-owned fleet of Bombardier aircraft. Similarly, VistaJet customers flying within the United States will also have the opportunity to travel on the Flexjet 25 closed fleet of Bombardier aircraft, operated by Jet Solutions.

"We are committed to continually enhancing our owners' experience while adding real value," said Bob Knebel, Vice President, Sales & Marketing, Flexjet. "This agreement with VistaJet ensures the delivery of consistent, high-quality travel on legendary Bombardier aircraft at preferred membership rates."

Flexjet is a division of Bombardier, the world's largest manufacturer of business aircraft, making it ideal to collaborate with VistaJet, the largest international operator of Bombardier aircraft.

Thomas Flohr, founder and chairman of VistaJet, said: "This move is a logical step for us and is another milestone in the global development and progression of VistaJet. This alliance with Flexjet and Jet Solutions will extend our network into the U.S., offering our customers access to the best private jet service in America. In return, Flexjet and Jet Solutions customers will have access to one of the largest service areas in the industry and use of the premier provider of luxury air travel outside of the Americas."

For more information, visit www.VistaJet.com, www.Flexjet.com, www.Flexjet25.com, or www.JetSolutions.com.

About Flexjet

Established in 1995 and based in Richardson, Texas, 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 per year). Owners pay predictable monthly management and usage fees, while Flexjet manages the aircraft, 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 Challenger 605 business jets. The Flexjet One program is an aircraft management service providing owners who purchase a whole Bombardier aircraft access to Flexjet's entire fractional fleet, cost savings and a simple, worry-free solution to aircraft ownership. For more details, visit www.flexjet.com.

About Flexjet 25

First introduced in 2006, the Flexjet 25 Jet Card program—operated by Jet Solutions—offers travelers an easy way to sample private aviation without assuming ownership of a plane, while providing them with an unbeatable combination of choice, flexibility and benefits amongst jet cards. The Flexjet 25 Jet Card provides travel-by-the-hour – in increments of 25-, 30- and 35-hours – on a fleet of Bombardier Learjet 40 XR, Learjet 45 XR, Learjet 60, Challenger 300 and Challenger 604 business aircraft. Jet card owners can choose from different price levels for each aircraft based on a preset number of travel days per year – ranging from an unrestricted 365-day jet card to a 355-day, 325-day or 275-day jet card. Additional hours are also available for purchase as needed. More information is available at www.flexjet25.com.

About Jet Solutions, LLC

Richardson-based Jet Solutions, established in 1995, is one of the largest FAR Part 135 air carriers, having operated more than 1,000,000 flight hours for customers throughout the world. Jet Solutions is the first air carrier in the world to be recognized as achieving the Air Charter Safety Foundations Industry Audit Standard, and is the exclusive provider of the Flexjet 25 Jet Card program. www.jetsolutions.com

About Bombardier

A world-leading manufacturer of innovative transportation solutions, from commercial aircraft and business jets to rail transportation equipment, systems and services, Bombardier Inc. is a global corporation headquartered in Canada. Its revenues for the fiscal year ended Jan. 31, 2009, were $19.7 billion US, and its shares are traded on the Toronto Stock Exchange (BBD). Bombardier is listed as an index component to the Dow Jones Sustainability World and North America indexes. News and information are available at www.bombardier.com.

About VistaJet

VistaJet, which is headquartered in Switzerland and has operations centres in Salzburg, Dubai, Kuala Lumpur, and Hong Kong, has a unique business proposition offering customers a Program solution with guaranteed availability at a fixed hourly rate across the largest service area in the world including Europe, Middle East and Asia Pacific as well as on demand charter.

VistaJet customers are able to fly in new Bombardier aircraft, including Learjet 40 XR, Learjet 60 XR, Challenger 605, Challenger 850 and Global Express XRS. The streamlined fleet also offers unique cost benefits which are passed directly to customers who receive superior flight solutions matched to individual flight profiles. For more details, visit www.vistajet.com.

*Flexjet 25 Jet Card program terms and conditions apply.

Bombardier, Flexjet 25, Learjet 40 XR, Learjet 45 XR, Learjet 60, Learjet 60 XR, Challenger 300, Challenger 604, Challenger 605 and Global Express XRS are either registered or unregistered trademarks of Bombardier Inc. or its subsidiaries or Jet Solutions, LLC.

SOURCE Flexjet