NetJets first Global ready for completion

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First of 50 Global jets goes to completion centre

Bombardier and NetJetsAt special ceremony
Bombardier and Netjets celebrated the first NetJets Global 6000 to go to a
completion centre. Executives from NetJets and Bombardier were at the event, as
well as 1,000 Bombardier employees at the company’s Toronto site.

The event, held just prior
to the jet’s ferry flight from the assembly line in Toronto,
Ontario, to the Global Completion Centre in Dorval, marked the official hand over of the
first aircraft from the build team to the completions team.

“Just eleven months after
NetJets’ historic Global
aircraft order, we are already celebrating the assembly of their first Global 6000 jet. I can say without a
doubt that this is a proud moment for everyone at Bombardier,” said Steve
Ridolfi, president, Bombardier Business Aircraft. “As we enter the second phase
of the build program, the team at the Global
Completion Centre is fully engaged, ensuring this aircraft will feature the
fine craftsmanship our customers expect and that Global jets are
recognized for worldwide.”

“We are excited to be
working with the talented Bombardier team on these exceptional aircraft,” said
Jordan Hansell, chief executive officer and chairman, NetJets. “The Global aircraft
family is ideally suited to our Owners’ needs for safety, extended range,
superior reliability, cabin comfort and operating efficiency. The Global jets will be an excellent
complement to our overall fleet.”

NetJets is the worldwide
leader in private aviation with a fleet of more than 750 aircraft. The decision
to add the Global family of
aircraft to the NetJets fleet was based on NetJets’ commitment to providing
their owners with custom designed aircraft equipped with the latest advances in
safety, technology, performance and comfort, as well as responding to the
growing demand for ultra long-range, large cabin aircraft. The NetJets Global 6000 aircraft will be
configured for up to 13 passengers, featuring an aft cabin state room and full
service galley with flight attendant service for ultra long-range flights such
as Seattle-Tokyo non-stop*.

The NetJets order placed in
March 2011, was for 50 firm Global aircraft with options on another 70
aircraft. The value of the firm order was $2.8 billion based on list prices.
The firm order includes a total of 30 Global 5000 and 6000 aircraft, with
deliveries scheduled to start in the latter part of 2012. The other 20 firm
orders are for the newly launched Global 7000 and 8000 business jets,
deliveries of these will begin in 2017.

At a total retail price
exceeding $6.7 billion, the NetJets order was the largest aircraft purchase
agreement in the history of private aviation.

Photograph: Ray Jones,
Vice President, Worldwide Strategic Accounts, Bombardier Business Aircraft and
Donald Strench, Vice-President, Fleet Planning & Acquisitions, NetJets

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