Bombardier Flexjet Announces Launch of Flexjet Canada Service.DALLAS Dallas, city (1990 pop. 1,006,877), seat of Dallas co., N Tex., on the Trinity River near the junction of its three forks; inc. 1871. The second largest Texas city, after Houston, and the eighth largest U.S. -- Bombardier Flexjet: --Flexjet Canada service enables Canadian-based Flexjet owners to travel point to point within Canada for the first time --First fractional ownership In business, fractional ownership is a percentage share of an expensive asset. Shares are sold to individual owners. A fractional owner enjoys priorities and privileges, such as reduced rates, priority access on holidays and income sharing. provider to offer Canadian-based aircraft Bombardier Flexjet, the fractional fractional size expressed as a relative part of a unit. fractional catabolic rate the percentage of an available pool of body component, e.g. protein, iron, which is replaced, transferred or lost per unit of time. business jet ownership program of Bombardier Aerospace Bombardier Aerospace is a division of the Bombardier group, with the third largest workforce (behind Boeing and Airbus) and the fourth largest in yearly delivery of commercial airplanes (behind Boeing, Airbus and Embraer). , today announced an expansion of its services in Canada, with the addition of three Canadian-registered aircraft formerly in the Bombardier corporate fleet and ten Montreal-based pilots who have joined the Flexjet organization. The new Flexjet Canada service will enable Flexjet to offer an expanded Canadian Canadian (kənā`dēən), river, 906 mi (1,458 km) long, rising in NE New Mexico. and flowing E across N Texas and central Oklahoma into the Arkansas River in E Oklahoma. travel product including, for the first time, travel between locations within Canada for owners based there. Along with providing point-to-point travel within Canada, Flexjet will utilize the new capacity to more efficiently service existing owners who travel between Canada and the United States The United States and Canada share a unique legal relationship. U.S. law looks northward with a mixture of optimism and cooperation, viewing Canada as an integral part of U.S. economic and environmental policy. . Flexjet will initially launch the service with two Learjet 45 aircraft and a Challenger 604 widebody business jet, all of which will be based in Montreal. "We now have the ability to offer Flexjet owners travel within Canada, which represents a tremendous opportunity to expand our services there and introduce more people to the outstanding Flexjet travel experience," said Sylvain Levesque, vice-president, Bombardier Flexjet. "Flexjet is the first fractional provider to offer Canadian-based aircraft and we take pride in being responsive to owners who have eagerly anticipated this travel option," added Mr. Levesque. "Our new Flexjet Canada service is yet another indication of our ongoing commitment to providing our owners with industry-leading service, value and choice," he stated. "As a Flexjet fractional owner based in Canada, I look forward to taking advantage of this service," said Aldo Bensadoun, founder and chief executive officer of ALDO Group, headquartered in Montreal. "This expansion of Flexjet choices will enable me to travel efficiently, save time and take greater advantage of all the traditional benefits of business jet travel, including the ability to accommodate demanding itineraries and remain productive while traveling," he added. About Flexjet Established in 1995 and based in Richardson, Texas Richardson is a suburb in Dallas County and Collin County, Texas. As of the 2000 census, the city had a total population of 91,803, while according to a 2006 estimate, the population had grown to 99,200. , Bombardier Flexjet offers a turnkey See turnkey system. program allowing individuals or companies to purchase a share in a Bombardier business jet at a fraction of the full ownership cost. Flexjet owners select the aircraft type that best fits their needs, determine the number of hours per year they fly, and purchase shares of Bombardier business jets starting at a share size of 1/16th (equal to 50 hours flying). Flexjet guarantees access to its fleet with as little as six hours notice and can fly into many more airports than those available to commercial flights. Owners pay predictable monthly management and usage fees, while Flexjet manages aircraft maintenance, flight crews, hangars, fuel and insurance on their behalf. Flexjet is the only fractional provider that fields an exclusive family of Bombardier business jets, including the Learjet 40 XR, Learjet 45 XR, Learjet 60, Challenger 300 and Challenger 604. About Bombardier A world-leading manufacturer of innovative transportation solutions, from regional aircraft and business jets to rail transportation equipment, Bombardier Inc. is a global corporation headquartered in Canada. Its revenues for the fiscal year ended Jan. 31, 2005 were $15.8 billion US and its shares are traded on the Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. (BBD BBD In currencies, this is the abbreviation for the Barbados Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. ). News and information are available at www.bombardier.com. Bombardier, Flexjet, Learjet, Learjet 45, Challenger and Challenger 604 are trademarks of Bombardier Inc. or its subsidiaries. |
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