Press Release

Issued by Bombardier Aviation.

February 17, 2016

Bombardier Business Aircraft announced today that fast-growing private jet operator Zetta Jet has exercised options for a total of two Global 6000 ultra-long range business aircraft. These two options were part of an announcement for one firm order plus four options originally announced on December 15, 2015, for the same aircraft model. Additionally, Zetta Jet has procured options for two more Global 6000 business jets. With today's announcement, Zetta Jet's total aircraft order with Bombardier stands at three firm Global 6000 aircraft with options for four additional business jets. Based on the 2016 list prices for standard-equipped aircraft, the firm order is valued at approximately $187 million. The value could increase to $436 million if all the options are exercised.

"Zetta Jet's remarkable rate of growth has been achieved by offering its customers the ultimate combination of luxury, performance and personalized service. The Bombardier Global 6000, with its exceptional cabin comfort, high-speed range and proven reliability, is an ideal choice to take this success to the next level," said Peter Likoray, senior vice president, Sales, Bombardier Business Aircraft. "The Global 6000 business jet reflects our company's leading ability to create high-quality aircraft with cutting-edge technology, and we thank Zetta Jet for this sound endorsement of our products."

Established in August 2015, and based in Singapore, Zetta Jet flies exclusively Global aircraft. The aircraft ordered today are slated to operate out of the company's North American hub in Los Angeles.

"At Zetta Jet, our promise is to deliver the ultimate private jet experience to the world's most discerning customers. Not only is the Global 6000 aircraft one of the most impressive business jets ever produced, it delivers the perfect combination of comfort, range and performance sought by the international travelling elite who make up our clientele. This aircraft has already demonstrated that it is a perfect fit for us, and these new aircraft will greatly strengthen our value proposition," said Geoffery Cassidy, managing director, Zetta Jet.