Bombardier Aerospace Maintains Revenue Market Share Leadership as Business Aircraft Deliveries Continue at Record Pace.

Business Editors

NEW ORLEANS--(BUSINESS WIRE)--Oct. 9, 2000

BOMBARDIER (TSE:BBD.A.) (TSE:BBD.B.)

National Business Aviation Association

Nine-month deliveries surpassing last year's record pace

Bombardier Aerospace announced today that deliveries for the first nine months of the calendar year* are significantly ahead of last year's record performance. This record activity again positions Bombardier as the market share leader in business aircraft.

The world's third-largest civil airframe manufacturer reported a total of 162 business aircraft deliveries for the nine months ending Sept. 30, 2000, an increase of 34 units over the 128 aircraft delivered in the same period a year earlier.

"Having already delivered 162 aircraft in the first nine months, we are clearly on track for another record performance," said Rob Gillespie, president, Bombardier Aerospace, Business Aircraft. "Last year's superb year for our Business Aircraft organization - a year in which we delivered 173 aircraft - clearly established Bombardier as the revenue leader in corporate aviation."

In particular, the U.S. market remains very strong, showing growth in all areas of corporate aviation. "We are seeing strong interest in aircraft related services ranging from completions, to training and maintenance through our Bombardier Aviation Services network.

"Our company's sales success provides the financial resources to offer the most complete family of business aircraft products, complemented by the widest range of value-added services and a growing international support network," said Mr. Gillespie.

"Delivering this package in a seamless, fully integrated manner enables our customers to leverage these strengths to achieve more with their business aircraft investments. Our theme this week, 'It's all about doing more,' reflects both our customer focus and our commitment to helping our customers attain an even greater measure of success," he observed.

Aircraft delivery highlights:

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Category            Model          9-month             9-month
                                  Deliveries          Deliveries
                                    2000                 1999
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Light Jet         Learjet 31A        22                   20
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Super-Light Jet   Learjet 45         62                   31
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Mid-Size Jet      Learjet 60         25                   24
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Large Jet         Challenger 604     28                   31
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Ultra Long-Range  Global Express     25                   22
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Total                               162                  128
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Business jet deliveries remained strong across the Bombardier Aerospace product family, with year-over-year increases in four of five product categories.

Particularly noteworthy are the company's deliveries of Learjet(R) 45 super light jets which doubled, to 62 aircraft, over the same nine-month period a year ago, including the 100th Learjet 45 aircraft which is on display at the annual meeting and convention of the National Business Aviation Association (NBAA) this week in New Orleans.

In addition, factory deliveries of Bombardier Global Express(R) ultra long-range aircraft also continued strong during the nine months. Eighteen of these exceptional aircraft are now in customer service, performing very capably, with an overall dispatch reliability of 98.15 per cent.

Bombardier Aerospace, a unit of Bombardier Inc., is the leading business, regional and amphibious aircraft manufacturer. With full design and production capabilities in three countries, it offers the most comprehensive families of turboprop and regional jet aircraft and the widest range of business jets. It also provides the Flexjet fractional business aircraft ownership program, technical services, aircraft maintenance and pilot training for business, regional airline and military customers.

Bombardier Inc., a diversified manufacturing and service company, is a world leading manufacturer of business jets, regional aircraft, rail transportation equipment and motorized recreational products. It is also a provider of financial services and asset management. The Corporation employs 56,000 people in 12 countries in North America, Europe and Asia, and more than 90 per cent of its revenues are generated outside Canada. Bombardier's revenues for its fiscal year ended Jan. 31, 2000, totalled Cdn$13.6 billion.

- Note to editors: Bombardier Inc. formally reports its financial results, including aircraft deliveries, on quarters based on its January 31 fiscal year end. The information presented herein is provided for comparative purposes only and has not been audited.

(R) Registered trademark of Bombardier Inc.