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Bombardier Inc
Symbol BBD
Shares Issued 2,128,091,942
Close 2021-01-11 C$ 0.51
Market Cap C$ 1,085,326,890
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Bombardier delivers Challenger 350 jet in California

2021-01-11 10:24 ET - News Release

Mr. Peter Likoray reports

LATITUDE 33 AVIATION PROUDLY ADDS ANOTHER NEW BOMBARDIER CHALLENGER 350 BUSINESS JET TO ITS FLEET

Bombardier Inc. and Latitude 33 Aviation have provided an update on the recent delivery of a brand new Challenger 350 business jet, which will be available for charter out of the U.S. west coast.

Latitude 33 Aviation, a private jet charter, executive jet management, and aircraft sales and acquisitions company based in California, will manage the Challenger 350 business jet out of San Diego on behalf of the aircraft owner. The aircraft will be available for charter starting in January, 2021.

"The Challenger 350 business jet provides a spacious, comfortable and productive alternative to commercial travel, especially as passengers seek to avoid crowds," said Peter Likoray, senior vice-president, sales and marketing, new aircraft, Bombardier Business Aircraft. "The iconic, market-leading Challenger 350 aircraft is a top choice among the most discerning travellers."

The Challenger 350 aircraft holds the coveted title of bestselling supermid-size business jet for six consecutive years and is growing increasingly popular in California. In fact, from 2017 until the third quarter of 2020, the Challenger 350 business jet accounts for 60 per cent of supermid-size deliveries in that state, outperforming all of its competitors combined.

Out of San Diego, the Challenger 350 business jet's range of 3,200 nautical miles -- at full fuel with eight passengers -- can take passengers to New York or Honolulu, non-stop. This high-performing aircraft can also provide quick and convenient access to ski resorts with high elevation and variable weather such as Aspen in Colorado and Jackson Hole in Wyoming.

"From day one, our company's mission has always been to deliver a premium level of aircraft management service not found anywhere else. We are pleased to have provided another exceptional acceptance experience for our client and are privileged to have this extraordinary aircraft join our growing fleet of supermid-size aircraft," said Solomon Short, director of operations at Latitude 33 Aviation.

Latitude 33 Aviation manages one of the newest and largest fleets of light, mid-size and supermid-size aircraft in North America. The Challenger 350 aircraft continues to take centre stage and to be the preferred choice for Latitude 33 Aviation's luxury travel experiences.

A force in the business jet industry, the Challenger 350 aircraft strengthens its position year after year with enhancements and upgrades to its winning combination of performance and cabin experience. Among pilots, the Challenger 350 aircraft is recognized as being agile, reliable and a pleasure to fly.

About Bombardier Inc.

With over 52,000 employees across two business segments, Bombardier is a global leader in the transportation industry, creating innovative and game-changing planes and trains. The company's products and services provide world-class transportation experiences that set new standards in passenger comfort, energy efficiency, reliability and safety.

Headquartered in Montreal, Canada, Bombardier has production and engineering sites in over 25 countries across the segments of aviation and transportation. Bombardier shares are traded on the Toronto Stock Exchange (BBD). In the fiscal year ended Dec. 31, 2019, Bombardier posted revenues of $15.8-billion.

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