Press Release

Issued by VistaJet.

June 21, 2011

VistaJet, the world's premier luxury aviation company with the largest wholly-owned commercial fleet outside the Americas, has today placed a firm order for 10 Global 8000 aircraft. The total value of the order is approximately $650 million US, based on the 2011 list price for typically equipped aircraft.

The firm order, which comes just a month after an order for six Global 6000 and two Challenger 605 aircraft was announced at EBACE in Geneva, will expedite VistaJet's expansion in response to rapid market growth across BRINC countries and fast-growth developing markets, such as Asia, Middle East, West Africa and Russia / CIS where large, longer-range aircraft have enabled VistaJet to build leading market positions.

Thomas Flohr, founder and chairman of VistaJet, said:

"We are seeing unprecedented demand in the BRINC countries and other fast-growth developing markets in which we operate. These markets currently account for over 75% of all our flights. At the same time, the geographic reach of our corporate customers places demanding requirements on our fleet with sectors typically of between five to ten hours duration.

"To service this rapidly growing demand, from some of the world's leading business and corporate players, we are expediting the development of what is already one of the world's largest fleets of state-of-the-art long-range aircraft.

"This latest order confirms VistaJet's established reputation and leading positions in its markets where it justifiably claim to be the preferred 'carrier of choice'. This in no small part is because we have in our Bombardier fleet what is widely recognized as the 'aircraft of choice', allowing our passengers to fly medium or long haul routes in a level of comfort that they demand."

Steve Ridolfi, President of Bombardier Business Aircraft, said:

"It was eight years ago, also at the Paris air show that our two companies began this journey, and only six years ago at Paris that VistaJet placed its first Global aircraft order.

"It's a true testament to our products and people that VistaJet, an industry leader in charter and luxury aviation continue their global expansion with an all Bombardier fleet. Like Bombardier, VistaJet are leaders in developing new markets, where our aircraft are ideally suited to meet the demanding needs of our customers. There is an increasingly strong demand for large cabin business jets that can connect virtually any city pair worldwide non-stop – the Global 8000 jet is the only contender to meet this requirement."