Press Release

Issued by VistaJet.

November 27, 2012

VistaJet, the world's luxury aviation company, has placed a firm order for 56 new Bombardier Global aircraft, with 86 further options. With a list price value of more than $7.8 billion, this is the single largest transaction placed with any aircraft manufacturer in the history of business aviation. Deliveries of this order will commence in 2014.

Steve Ridolfi, president of Bombardier Business Aircraft, said: "By any standard, this is a historic order for Bombardier. It goes without saying that we are thrilled VistaJet has again chosen to grow their fleet with the industry-leading Bombardier Global family.

"We welcome VistaJet's ongoing commitment to global coverage within existing and developing new markets. The Bombardier Global aircraft are perfect for VistaJet's business strategy as it is the ultimate business jet family, ideally suited to meet the demanding needs of both jet owner and customer alike."

"VistaJet recently took delivery of the 50th aircraft for their fleet, reflecting the company's ongoing commitment to maintaining the youngest fleet in the sky - with an average age of two years and all aircraft operating under the manufacturers' warranty."

The new Global aircraft order – comprising of 25 Global 5000, 25 Global 6000, and 6 Global 8000 aircraft, with options for a further 40 Global 5000, 40 Global 6000 and 6 Global 8000 jets – is a continuation of the company's strategic decision to fast-track the growth of the fleet, focusing on wide-cabin, long-range aircraft to provide non-stop point-to-point global coverage. The new aircraft will directly service growth markets (including Russia, China, all of the Middle East and all of Africa), connecting them to the rest of the globe, as well as serving the East and West coast United States for their intercontinental travel needs.

Its global strategy has made VistaJet the clear market leader with unparalleled experience flying in to, and out of, the hardest-to-reach destinations around the world. Furthermore, VistaJet is the first commercial operator of the Global 6000 jet to lead the way in long-haul flights connecting the growth markets. VistaJet continues to "Think Global" and brings the most advanced and accomplished long-range premium aircraft family to their customers across the globe.

Thomas Flohr, founder and chairman of VistaJet said: "This order is the most significant milestone for VistaJet and is a testimony to our successful strategy that focuses on global coverage. Earlier in the year we announced landmark agreements with partners in both China and Russia and, since then, the level of demand we have seen in growth markets around the globe has been unprecedented.

"Our customers need to fly point-to-point across the globe, and in many instances at short notice. Whether it's a direct flight from Los Angeles to Shanghai, from London to Luanda or from Kinshasa to Ulan Bator, we are seamlessly connecting our customers to every corner of the world in unrivalled levels of style and safety.

"Such customer success allows us to place this historic order and will enable us to base even more brand new aircraft in these dynamic growth markets. I am excited to serve these markets with an unparalleled product both locally and globally."

In the air, VistaJet has been growing what is already one of the largest business aviation flight crew rosters worldwide to ensure that it has flight crew availability 24/7 anywhere in the world. VistaJet's pilots are rated amongst the most proficient in the world and have extensive experience in flying the longer-haul sectors to remote destinations that comprise the majority of the flights flown in 2012.

On the ground, VistaJet has doubled its dedicated sales force across these emerging markets to establish further presence and support for existing and new customers. These additions to our world-class sales team will be introduced during the course of Q1 2013.

Flohr concludes "carrying 25,000 passengers on 10,000 single international flights in 2012, VistaJet is the only luxury brand in aviation, which focuses on providing an understated and bespoke service. Flying with VistaJet is simple: innovative flight solutions are designed for each of our individual customer needs without any asset risk. Every flight is tailored ensuring customers travel in the best style and luxury with maximum safety, flexibility and value. This simple business model ensures the entire VistaJet fleet is made available to all our customers – with guaranteed availability within 24 hours notice - offering a truly global reach with no positioning costs."