News
Bombardier Aerospace Launches Learjet NXT Aircraft

Oct. 30, 2007 Wichita, KS – Bombardier Aerospace today launched its all-new Learjet aircraft, provisionally named Learjet NXT.

“I am extremely pleased to announce the launch of the Learjet NXT
– an aircraft that is set to redefine the midsize jet category and set
the standard against which all competitive aircraft will be measured,”
said Pierre Beaudoin, president and chief operating officer, Bombardier Aerospace.

“Development
of this all-new jet with a group of international collaborators
continues to progress well, and we are on target for a public unveiling
of the next Learjet business jet in October 2008, in time to commemorate the 45th anniversary of the first flight of a Learjet aircraft,” noted
Mr. Beaudoin.

Building on legendary Learjet performance
True to its legendary heritage, the next Learjet aircraft is set to deliver the extraordinary performance Learjet aircraft owners expect. Targeting a high-speed cruise of Mach 0.82,
the clean-sheet Learjet aircraft
will offer its passengers a transcontinental range of up to 3,000
nautical miles (5,556 km)*. Designed to provide a larger, more
comfortable cabin than any existing midsize aircraft, this jet will
offer eight passengers a stand-up cabin built to ensure superior
productivity and comfort.

“The Learjet NXT
development program will reaffirm Learjet’s position as a leader in
business aircraft innovation, offering passengers legendary Learjet
performance, an extraordinary cabin, a superior level of technology and
exceptional value,” said Pierre Gabriel Côté, president, Bombardier
Business Aircraft. “The design is customer-driven, based on what they
have told us they need and want in a new midsize category business jet.
To date, initial market interest in this next generation offering is
strong, as we have received in excess of 65 letters of intent for this
aircraft, which we expect to successfully convert into firm orders over
the coming months.”

Learjet is the first name in corporate aviation. Since acquiring Learjet Inc. in
1990, Bombardier has carried forward the brand’s proud legacy by
launching eight high-performance and fuel-efficient aircraft.