Category: Bombardier Aerospace

Bombardier’s Multi-Award-Winning Global 7500 Jet Reaches New Heights in the Heart of the Swiss Alps

Provided by Bombardier Inc.

July 15, 2019 Montréal Business Aircraft

Global 7500 aircraft landing in Gstaad Saanen airport. Image courtesy of Matthias Geiger
  • Global 7500 aircraft is the most spacious purpose-built business jet to operate out of Gstaad’s Saanen airport in Switzerland, where it was on display earlier this month before flying to Dubai, performing another exceptional long-range mission
  • Mission highlights the Global family’s advanced wing design, which enables them to access challenging airfields with short runways in hot temperatures and/or high altitude locations, giving passengers direct access to the heart of the Swiss Alps all year round 
  • The Aviation Week Grand Laureate Global 7500aircraft, also recently recognized as Business Jet of the Year in Robb Report’s Best of the Best 2019, offers Bombardier’s signature smooth ride and a spaciousness that is unique among business jets
  • Bombardier’s Challenger 350 aircraft, also recognized as the Best of the Best Super Mid-size Aircraft by Robb Report, joined the Global 7500 jet on display in Gstaad and achieved a speed record, reaching Malaga in 2 hours and 4 minutes
Global 7500 aircraft in Gstaad. Image courtsey of Matthias Geiger

Bombardier announced that its Global 7500 aircraft is the largest, most spacious, purpose-built business jet to operate out of Gstaad’s Saanen airport in Switzerland – one of the most notable airfields located in the heart of the Swiss Alps, requiring short-field performance – showcasing its true four-zone cabin during an event earlier this month before continuing its journey to the Middle-East and reaching Dubai directly from Gstaad Saanen airport.

“This demonstration strengthens the Global 7500 jet as a jet that simply has no peer in terms of combining size and real-world capabilities,” said Peter Likoray, Senior Vice President, Worldwide Sales and Marketing, Bombardier Business Aircraft. “Not only can it access demanding airfields in hot and/or high locations, it also delivers uncompromising value to customers under any conditions, at any time, without the need for tailwinds and a signature smooth ride through exceptional wing flexibility.”

The Global 7500 aircraft’s advanced wing technology generates unprecedented amounts of extra lift on takeoff and approach due to its sophisticated slats and flap system. It also maximizes aerodynamic efficiency and increases performance all the while improving safety and offering a smoother ride. The Global 7500 jet’s no compromise design makes it the largest business jet with the short-field performance and steep approach capabilities allowing it to operate out of demanding airfields such as Gstaad’s Saanen airport or London City Airport, connecting passengers to key regions in Europe and the Middle East non-stop*.

Beyond being recently recognized as Business Jet of the Year in Robb Report’s Best of the Best 2019 and Grand Laureate winner of the 62nd Annual Laureate Awards in the Business Aviation category, the Global 7500 jet offers Bombardier’s signature smooth ride and a spaciousness that is unique among business jets. The aircraft offers the most innovative features such as the recently unveiled Soleil lighting system, the industry’s most advanced cabin lighting technology. Designed and developed exclusively for the Global 7500 aircraft, the innovative Soleil lighting system is aviation’s first circadian rhythm-based cabin lighting technology, and it introduces the revolutionary Dynamic Daylight Simulation feature, which can help combat jet lag. The Global 7500 business jet also offers the patented Nuage seat, meticulously designed for maximum comfort, which introduces an all-new, ergonomically-perfected deep recline position – unavailable on any other business aircraft.

Also showcased in Gstaad, was the best-selling super-midsize market leader, Challenger 350 aircraft jet, which offers customers unrivaled cabin comfort along with Bombardier’s signature smooth ride. Continuously improving the segment-defining aircraft, Bombardier recently announced a series of enhancements to the Challenger 350 aircraft, further underscoring its leadership position in the super mid-size segment. These new enhancements include available compact Head-up Display (HUD) and Enhanced Vision System (EVS), class-leading cabin-sound-proofing technology, and improved cockpit aesthetics. A performance improvement package also allows the aircraft to fly up to 1,500 NM farther out of short runways, complementing its steep approach certifications awarded by international regulatory bodies including EASA, FAA and TC. To further demonstrate its performance capabilities, the Challenger 350 set a world speed record in its class, flying from Gstaad’s Saanen airport to Malaga in Spain in 2 hours 4 minutes at an average cruise speed of Mach 0.82. This achievement is another example of the impressive speed, climb and field performance capabilities of the super midsize Challenger 350 aircraft, recognized as the world’s most delivered business jet of the last decade.

Bombardier’s Award-winning Challenger 350 Aircraft Reaches 300 Deliveries Faster than Any Other Medium or Large Jet in History

Provided by Bombardier Business Aircraft/Globe Newswire

  • With its stunning and sophisticated interior cabin, smooth ride and the lowest operating costs in its category, the Challenger 350aircraft delivers an unrivalled private jet experience
  • Outpacing all other business jet competitors in 2018, Bombardier delivered 60 Challenger 350 aircraft last year, capturing 58 per cent of the super mid-size segment
  • The segment-defining Challenger 350 aircraft is also saluted as the 2019 Best of the Best super mid-size aircraft by Robb Report

MONTREAL, July 11, 2019 (GLOBE NEWSWIRE) — Bombardier is proud to announce that its industry-leading Challenger 350 aircraft is the fastest business jet in history to reach 300 deliveries in the medium and large categories, achieving yet another significant milestone that further reinforces its leadership status. This landmark comes as the Challenger 350 jet was recently recognized by Robb Report Magazine as the Best of the Best super mid-size aircraft for the second consecutive year. Since 1988, Robb Report’s Best of the Best awards spotlight products, services and destinations at the very pinnacle of their industries, defining the benchmark of quality. Not only have Bombardier business jets been recognized as trendsetters in the industry for over a decade, its Challenger 300 series received the honour seven times, making it one of the most distinguished business jet in its class.

“The delivery of the 300th Challenger 350 business jet in only five years after its entry-into-service represents another exciting milestone for Bombardier, and underscores the trust our customers place in this industry-leading aircraft,” said Peter Likoray, Senior Vice President, Worldwide Sales and Marketing, Bombardier Business Aircraft. “We are equally delighted that the Challenger 350 aircraft has been honored as Best of the Best by Robb Report. This prestigious recognition speaks to the worldwide acknowledgement that there is simply no aircraft like the Challenger 350 jet in its segment.”

The ultimate in design, performance and luxury, the Challenger 350 jet offers customers an unbeatable and outstanding value proposition with unmatched reliability and economics, unrivaled cabin comfort along with Bombardier’s signature smooth ride.

Making a great aircraft even better, Bombardier recently announced an update on a series of enhancements to the Challenger 350 aircraft, further underscoring its leadership position in the super mid-size segment. New enhancements to the aircraft include available compact Head-up Display (HUD) and Enhanced Vision System (EVS), state-of-the-art cabin sound-proofing technology, and refined cockpit aesthetics. A performance improvement package also allows the aircraft to fly up to 1,500 NM farther out of short runways, complementing its steep approach certifications awarded by international regulatory bodies including EASA, FAA and TC.

Challenger aircraft are assembled at Bombardier Aviation’s multifaceted facility in Montreal, Quebec. Thanks to a highly skilled local workforce, the site comprises of end-to-end assembly, completion, pre-flight and delivery activities for the Challenger 350 and Challenger 650 programs. In the last decade, the Challenger 300 series aircraft accounted for more deliveries than any other business jet platform in the industry. The Challenger 350aircraft builds upon this remarkable legacy of leadership and continues to set the standard in the super mid-size segment.

Bombardier’s best-selling Challenger 350 aircraft

As the only super mid-size aircraft that can fly full range at full fuel with full seat capacity, the Challenger 350 aircraft offers the luxury of having it all. With its signature smooth ride, exceptional cabin and the lowest operating costs in its class, the best-selling business aircraft of the last decade is in high demand on the charter market. The stylish and spacious cabin on the Challenger 350 business jet accommodates up to 10 passengers, features a fully-equipped galley, and unrestricted access to the baggage compartment at all flight levels, while recently enhanced sound-proofing technology further establishes the cabin as the quietest in its class.

The Challenger 350 jet boasts class-defining performance, a true seats full, tanks full range capability and can connect New York City to London.*

Bombardier Notches Order for First Performance-Leading Global 5500 Jet to be Based on the U.S. West Coast

Provided by Bombardier Inc

July 9, 2019 Montréal Business Aircraft

  • Van Nuys-based Jet Transactions supported undisclosed West Coast launch customer in selecting the aircraft for its exceptional performance and unrivaled cabin comfort
  • Additional range and efficiency of the Global 5500 jet ensures non-stop missions from London to West Coast U.S.
  • The Global 5500 features a newly optimized wing, an all-new engine and a redesigned cabin including Bombardier’s patented Nuage seating, delivering unmatched total performance and the smoothest ride
Global 5500 aircraft – Bombardier Inc

Bombardier is pleased to announce it has secured the first order for a Global 5500 aircraft to be operated from the West Coast of the United States. This transaction is valued at $46 million U.S., according to current list prices.

“The Global 5500 aircraft offers the ultimate in performance, comfort, reliability and signature smooth ride,” said Peter Likoray, Senior Vice President, Worldwide Sales and Marketing, Bombardier Business Aircraft. “It is ideally suited to meet the needs of our customers on the West Coast, connecting Los Angeles to London, Sao Paulo or Moscow*. This order is a resounding example of our newest Global aircraft’s undeniable impact on the world of business aviation.”

The Global 5500 aircraft boasts operating costs that rival all other aircraft in its class, along with the built-in systems redundancy and robustness for which Bombardier Global aircraft are renowned. Its newly optimized wing and purpose-built engines make it cleaner and more efficient, offering a superior in-flight experience and a smooth ride to its clientele.

“The combination of additional range, large cabin comfort, smooth ride and short-field performance capabilities, makes the new Global 5500 aircraft uniquely suited to meet our clients’ west coast missions,” said Brant Dahlfors, Co-founder of Jet Transactions. “We are delighted and proud to represent this remarkable aircraft program’s first end user on the U.S. West Coast.”

Global 5500 aircraft: The new Global 5500 business jet offers a unique blend of innovation, style and comfort. With its Next Generation leading-edge wing technology and new, purpose-built Rolls-Royce Pearl engines, the Global 5500 aircraft gives passengers a chance to fly faster and farther, all with the smoothest ride possible. Meticulously designed and crafted with exquisite finishes and high-end craftsmanship, the Global 5500 aircraft features several ground breaking innovations, including the unique Nuage seat, the first new seat architecture in business aviation in 30 years.

Bombardier Launches the Learjet 75 Liberty, Opening a New Frontier for the Iconic Learjet

Provided by Bombardier Aviation

July 2, 2019 Montréal Aviation,  Business Aircraft

  • Newest Learjet gives light jet passengers the freedom to stretch out with a six-seat configuration in the category’s longest cabin
  • The Learjet 75 Liberty is a step up for light jet operators, delivering better performance for the same operating costs as the competition
  • With a list price of $9.9 million U.S., the Learjet 75 Liberty puts the world’s best light jet within reach of more customers than ever
  • The Learjet 75 Liberty is expected to enter service in 2020
Introducing the Learjet 75 Liberty.

Bombardier is proud to unveil the Learjet 75 Liberty, offering more light jet operators than ever before the opportunity to step up into the iconic platform that launched business aviation in America.

Passengers who step into the six-seat Learjet 75 Liberty will have the freedom to stretch out in the only Executive Suite in the light jet category, aboard a stunning cabin that delivers the quietest and smoothest ride.

The Learjet 75 Liberty will be offered at a list price of $9.9 million U.S., with first deliveries expected in 2020. This exceptional value proposition represents a new frontier for the Learjet brand.

“The Learjet 75 Liberty represents a step up for customers in the light jet segment, with unprecedented spaciousness and Bombardier’s renowned smooth ride,” said David Coleal, President, Bombardier Aviation. “The newest member of the Learjetfamily delivers a flight experience that eclipses the competition.”

The Learjet 75 Liberty offers better performance at the same operating costs as competitor aircraft. The Learjet 75 Liberty is the fastest aircraft in the light jet segment and has a greater reach than the competition. Its range of 2,080 nautical miles can connect Las Vegas to New York, Seattle to Washington, D.C., and Mexico City to San Francisco, nonstop.*

Featuring a flat floor throughout the cabin, a standard pocket door between the cockpit and the Executive Suite providing the quietest flight experience and a Gogo ATG 4G solution for seamless connectivity, the Learjet 75 Liberty offers an environment tailored for productivity.**

The Learjet 75 Liberty aircraft is certified to the FAA’s more stringent Part 25 regulations, applicable to commercial airliners, unlike most competitors in the light jet category that are certified to Part 23 regulations.

Learjet aircraft are preferred by pilots for their impressive handling characteristics and outstanding performance. The Learjet 75 Liberty will feature the advanced Bombardier Vision flight deck, and include the recently announced Garmin G5000 avionics upgrade.

Proudly assembled by a world-class team in Wichita, Kansas, Learjet aircraft represent the pinnacle of American ingenuity.

“I’m extremely proud that the Learjet 75 Liberty will be built in Wichita, where the Learjet dream first took flight,” said Tonya Sudduth, Vice President of Operations and Wichita Site, Bombardier Aviation. “Our Wichita facility today has a diverse mandate supporting Bombardier’s extensive fleet of business aircraft, but to introduce the newest member of this iconic brand is of special significance to our team.”

Bombardier halts CRJ sales amid pending divestiture

News provided by FlightGlobal.com – link to full story

26 June 2019 by Jon Hemmerdinger

New Bombardier CRJ regional jets are no longer for sale.

The Montreal airframer confirms it has halted sales of additional new CRJs due to its pending divestiture of the CRJ programme to Mitsubishi Heavy Industries (MHI).

Bombardier announced the MHI deal on 25 June, saying it “expected to conclude” CRJ production in the second half of 2020 following delivery of all remaining aircraft in the backlog.

It now confirms it has halted sales activities, news that seemingly assures the imminent end of the CRJ line.

“There will be no more CRJ sales,” Bombardier tells FlightGlobal. “CRJ production will wind down until all aircraft in the current backlog have been delivered.”

Bombardier’s CRJ backlog stands at 36 CRJ900s, the majority of which are destined for the fleets of Air Canada‘s regional partner Jazz and US regional carriers PSA Airlines and SkyWest Airlines. Uganda Airlines also has outstanding orders for two CRJ900s, according to Cirium’s Fleets Analyzer.

Bombardier expects to close the sale of the CRJ programme to MHI, parent of Mitsubishi Aircraft, in the first half of 2020. The deal calls for Mitsubishi to pay $550 million in cash for the programme and to assume some $200 million in debt.

After the deal closes, Bombardier will continue producing CRJs for MHI until the backlog is cleared.

When asked about the status of the CRJ programme’s existing sales and marketing staff, Bombardier deferred to its 25 June media release.

“Pursuant to the agreement, MHI will acquire the maintenance, support, refurbishment, marketing and sales activities for the CRJ Series aircraft,” Bombardier’s release said.

MHI will also acquire CRJ type certificates and CRJ service and support centers in Montreal, Toronto, Bridgeport in West Virginia and Tucson in Arizona.

Bombardier delivered the first CRJ in 1992. When the backlog is clear in 2020, the company will have handed over more than 2,100 of the regional jets, Fleets Analyzer shows.

News of the Bombardier-MHI CRJ deal comes one week after Mitsubishi Aircraft rebranded its in-development MRJ as SpaceJet. It also announced development of a new 76-seat variant called the SpaceJet M100, which will complement the existing 88-seat SpaceJet M90, which Mitsubishi Aircraft expects to deliver from 2020.

Mitsubishi Heavy Industries to Acquire Canadair Regional Jet Program from Bombardier Inc.

Provided by Bombardier Inc

June 25, 2019 Montréal Bombardier Inc.,  Press Release

  • MHI now positioned to transform and lead the underserved regional jet business, with bolstered customer support services
  • Key step in MHI’s strategy of expanding its aircraft business globally, with a mid-term focus on North America
  • Completes Bombardier’s aerospace transformation and refocus on business aviation

Mitsubishi Heavy Industries, Ltd (MHI) (TOKYO:7011) and Bombardier Inc (TSX: BBD.B) announced today they have entered into a definitive agreement, whereby MHI will acquire Bombardier’s regional jet program for a cash consideration of $550 million USD, payable to Bombardier upon closing, and the assumption by MHI of liabilities amounting to approximately $200 million USD. Under the agreement, Bombardier’s net beneficial interest in the Regional Aircraft Securitization Program (RASPRO), which is valued at approximately $180 million USD, will be transferred to MHI.

Pursuant to the agreement, MHI will acquire the maintenance, support, refurbishment, marketing, and sales activities for the CRJ Series aircraft, including the related services and support network located in Montréal, Québec, and Toronto, Ontario, and its service centres located in Bridgeport, West Virginia, and Tucson, Arizona, as well as the type certificates.

This acquisition is complementary to MHI’s existing commercial aircraft business, in particular the development, production, sales and support of the Mitsubishi SpaceJet commercial aircraft family. The maintenance and engineering capabilities of the CRJ program will further enhance critical customer support functions, a strategic business area for MHI in the pursuit of future growth.

Seiji Izumisawa, President & CEO of Mitsubishi Heavy Industries Ltd., commented: “As we outlined during the recent Paris Air Show, we are working hard to ensure that we provide new profit potential for airlines and set a new standard for passenger experience. This transaction represents one of the most important steps in our strategic journey to build a strong, global aviation capability. It augments these efforts by securing a world-class and complementary set of aviation-related functions including maintenance, repair and overhaul (MRO), engineering and customer support.”     

Izumisawa concluded, “The CRJ program has been supported by tremendously talented individuals. In combination with our existing infrastructure and resources in Japan, Canada and elsewhere, we are confident that this represents one effective strategy that will contribute to the future success of the Mitsubishi SpaceJet family. MHI has a decades-long history in Canada, and I hope this transaction will result in the expansion of our presence in the country, and will represent a significant step in our growth strategy.”

“We are very pleased to announce this agreement, which represents the completion of Bombardier’s aerospace transformation,” said Alain Bellemare, President and Chief Executive Officer, Bombardier Inc. “We are confident that MHI’s acquisition of the program is the best solution for airline customers, employees and shareholders. We are committed to ensuring a smooth and orderly transition.”

Bellemare continued: “With our aerospace transformation now behind us, we have a clear path forward and a powerful vision for the future. Our focus is on two strong growth pillars: Bombardier Transportation, our global rail business, and Bombardier Aviation, a world-class business jet franchise with market-defining products and an unmatched customer experience.”

The CRJ production facility in Mirabel, Québec will remain with Bombardier. Bombardier will continue to supply components and spare parts and will assemble the current CRJ backlog on behalf of MHI. CRJ production is expected to conclude in the second half of 2020, following the delivery of the current backlog of aircraft.

Bombardier will also retain certain liabilities representing a portion of the credit and residual value guarantees totaling approximately $400 million USD. This amount is fixed and not subject to future changes in aircraft value, and payable by Bombardier over the next four years.

The transaction is currently expected to close during the first half of 2020 and remains subject to regulatory approvals and customary closing conditions.

The agreement contemplates a reverse break fee payable by MHI under certain circumstances.

Award-winning Bombardier Global 7500 Makes Paris Air Show Debut and Continues to Garner Accolades with Best of the Best Honours from Robb Report Magazine

Provided by Bombardier Inc

June 16, 2019 Montréal Aviation,  Bombardier Inc.,  Press Release

  • Industry-leading Global 7500 aircraft, the pinnacle of private jet travel, recognized as Business Jet of the Year in Robb Report’s Best of the Best 2019
  • Bombardier’s flagship Global 7500 aircraft to be on display at the Paris Air Show in Le Bourget, France, June 17-23, 2019
  • With its unrivaled cabin comfort, extra-long range capabilities and signature smooth ride, the Global 7500 aircraft has revolutionized the private jet industry
  • World’s most delivered business jet of the last decade, the legendary segment-defining Challenger 350 aircraft, also saluted by Robb Report as the Best of the Best Super Mid-size Aircraft

Bombardier is thrilled to announce its industry-leading Global 7500 aircraft was named Best of the Best by Robb Report, a leading authority on luxury. The flagship Global 7500 aircraft, which Robb Report hailed as the Business Jet of the Year, will also make its debut at the 53rd International Paris Air Show in Le Bourget, France, giving attendees at the event a chance to see the industry’s largest and most luxurious business aircraft.

“We couldn’t be happier that our flagship Global 7500 aircraft was recognized by Robb Report’s Best of the Best as Business Jet of the Year,” said David Coleal, President, Bombardier Aviation. “We’re also excited that the impressive Global 7500aircraft will be on display at the Paris Air Show. With its range, comfort and smooth ride, the Global 7500 aircraft is ideally suited to meet the needs of business jet customers throughout Europe, and we are delighted to debut its impressive attributes at this prestigious event.”

The multiple-award winning Global 7500 aircraft is the largest and longest-range business jet in the world, and features revolutionary industry-firsts from tip to tail. Like all aircraft in Bombardier’s unparalleled product portfolio, both the Challenger 350 and Global 7500 jets offer the ultimate in design, performance and luxury, all with Bombardier’s signature smooth ride.

“When it comes to the Global 7500 jet, there is simply no aircraft in the world like it, and it has established a category of its own. Bombardier offers the most exceptional business jets and customer experience in the world, and our continued worldwide recognition stands as proof,” said Peter Likoray, Senior Vice President, Worldwide Sales and Marketing, Bombardier Business Aircraft. “We are delighted that our exceptional Global 7500 business jet has been recognized for exactly what it is: the Best of the Best. This, and other impressive recognitions, are a testament to Bombardier’s world-renowned portfolio of incomparable business aircraft.”

The world’s largest and longest-range business jet

With its bespoke interior featuring the industry’s most well-appointed full-size kitchen and four true living spaces, the Global 7500 aircraft provides the ultimate in-flight experience.

Setting the benchmark for the most exceptional cabin interior, the aircraft debuts the Nuage seat, meticulously designed for maximum comfort. With the first new seat architecture in business aviation in 30 years, the patented Nuage seat is a marvel of design and engineering, providing a perfect blend of comfort and control and featuring an all-new, ergonomically-perfected deep recline position – unavailable on any other business aircraft.

The recently unveiled Soleil lighting system is the industry’s most advanced cabin lighting technology. Designed and developed exclusively for the Global 7500 aircraft, the innovative Soleil lighting system is aviation’s first circadian rhythm-based cabin lighting technology fully integrated with the Flight Management System, and it introduces the revolutionary Dynamic Daylight Simulation feature, which can help combat jet lag.

The Global 7500 business aircraft has an impressive long-range capability of 7,700 nm (14,260 km) at M 0.85 with eight passengers, and will fly non-stop* from New York to Hong Kong, or Singapore to San Francisco, with a maximum operating speed of M 0.925.* The Global 7500 aircraft is the largest business jet with short-field performance and steep approach capabilities able to operate out of London City Airport, connecting to any city in the continental U.S., Africa or the Middle East*. Its long-range performance can go even further traveling eastward, reaching most major cities in Asia. Through these exceptional performance features and its superlative interior design, the Global 7500 aircraft delivers uncompromising value under any conditions, at any time – and without the need for tailwinds.

The Global 7500 aircraft is the winner of the 2019 Aviation Week Grand Laureate Award, the 2018 Red Dot Award for Product Design, and the 2019 International Yacht & Aviation Award for Seating Design.

Mitsubishi finalising deal for acquisition of CRJ programme

News provided by FlightGlobal.com

05 June 2019 by Max Kingsley-Jones Seoul, FightGlobal.com

Mitsubishi is expected to announce the acquisition of the CRJ programme from Bombardier at this month’s Paris air show in a move which will bolster its global footprint.

The Japanese company confirms it is in negotiations for the 50-100 seat regional jet programme, but says that no decision has been made and declines to comment on the content of discussions.

FlightGlobal understands that Mitsubishi is finalising negotiations with a likely announcement to be made at the Paris air show. The move will signal the end of Bombardier’s participation in commercial aircraft manufacturing. It will leave the Canadian manufacturer free to focus on its business-aircraft activities.

Asset Image
Max Kingsley-Jones / FlightGlobal

Mitsubishi produces the MRJ regional jet, a rival to the CRJ. Bombardier and Mitsubishi are currently in a dispute with the Canadian company alleging theft of trade secrets related to CSeries certification and Global 7000 systems.

The Japenese company currently has a long-standing contract with Boeing for the US manufacturer to provide customer support for the MRJ regional jet. A 10-year partnership for round-the-clock customer support was agreed back in 2011. However, with Boeing having now forged a tie-up with Mitsubishi rival Embraer in the commercial aircraft sector, observers say that the Bombardier CRJ deal could help the Japanese company establish an independent footprint for support.

Bombardier Statement on CRJ Program

Provided by Bombardier Inc

June 5, 2019 Montréal Bombardier Inc.

Bombardier has recently stated it would explore strategic options for the CRJ Program.  From time to time, this may lead to discussions with potential counterparties.  While Bombardier does not generally comment publicly on market speculation or rumors, in light of recent media reports, Bombardier believes it is prudent to advise stakeholders that it is in discussions with Mitsubishi Heavy Industries, Ltd. with respect to its CRJ Program.  We will not further comment on the nature of the discussions. Before any agreement can be reached further review and analysis by Bombardier management and approval by Bombardier’s Board of Directors are required, and Mitsubishi Heavy Industries, Ltd. must complete its due diligence review and own analysis and approval process, which are outside of Bombardier’s control. There can be no assurance that any such discussions will ultimately lead to an agreement.

Bombardier Concludes Sale of the Q Series Aircraft Program to Longview

Provided by Bombardier Inc.

June 3, 2019 Montréal Bombardier Inc.,  Press Release

Bombardier (TSX: BBD.B) confirmed today the closing of the previously announced sale of the Q Series aircraft program assets to De Havilland Aircraft of Canada Limited (formerly Longview Aircraft Company of Canada Limited), an affiliate of Longview Aviation Capital Corp., for gross proceeds of approximately $300 million. Net proceeds are expected to be approximately $250 million after the assumption of certain liabilities, fees, and closing adjustments.

Longview will carry on the production of Q400 aircraft at the Downsview Facility in Toronto, and will continue performing aftermarket services for Q Series aircraft. Bombardier will provide transitional services and will license certain intellectual property to Longview to facilitate a seamless transition of the Q Series aircraft program.