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Bombardier Unveils Global 5000 At Dubai (Nov. 6)

First aircraft set to enter service in late 2004. Bombardier Aerospace's new Global 5000 high-speed intercontinental business jet was introduced at the Dubai Air Show today, promising customers throughout the Middle East new standards of comfort and performance in the emerging super-large jet niche market.

A model of the new aircraft was unveiled at Bombardier's news conference, just 11 days after its official introduction in Montréal.

The Bombardier Global 5000 will feature the widest, most comfortable cabin in its class and will offer a maximum range of 4,800 NM (8,889 km) at a speed of Mach 0.85. Also, at a speed of Mach 0.88, the Bombardier Global 5000 will travel 3,700 NM (6,852 km). With a maximum operating altitude of 51,000 ft., it will be able to fly eight passengers and three crew members non-stop from Dubai and other cities in the Middle East to every major destination in Europe, as well as most destinations in Africa at a speed of Mach 0.88 (581 mph; 935 km/h). It will also be able to fly non-stop to all major destinations in Africa, as well as most destinations in Asia and Japan, at a speed of Mach 0.85 (561 mph; 903 km/h).

"The Bombardier Global 5000 will be able to fly non-stop from Riyadh to London in six hours and 23 minutes at a speed of Mach 0.88 - a feat unmatched by any other aircraft in its class," said Shawn Vick, senior vice-president, international sales, Bombardier Aerospace, Business Aircraft. "The Bombardier Global 5000 will become the new standard in intercontinental, high-speed travel. It continues the Bombardier tradition of providing a superior aircraft to business jet customers and will become the jet against which all aircraft in its class must be measured."

Bombardier is currently designing the Global 5000 to deliver great value in its class. It will offer one of the widest and most spacious cabins in its class, take off from shorter runways than its competitors, be fully compliant with Transport Canada, Federal Aviation Administration and Joint Aviation Authorities' stringent regulatory requirements - all at a competitive price.

The Bombardier Global 5000 is scheduled to enter corporate service in late 2004 and Bombardier Aerospace is currently seeking commitments from prospective customers for a formal program launch in the fourth quarter of 2001. The program is currently in advanced design and first flight is anticipated in the first quarter of 2003. Type certification is expected in the first quarter of 2004.

The Bombardier Global 5000 - Bombardier's 12th new aircraft in 12 years - is positioned between the top-selling widebody Challenger 604 and ultra long-range Global Express aircraft. It will compete in the super-large jet segment, which, according to industry forecasts, will require some 750 aircraft by the year 2010.

The Bombardier Global 5000 was developed with input from flight departments and large jet operators. Bombardier spent two years studying the market carefully and exploring its design options, before determining that the Bombardier Global Express platform was the best choice to meet specific market needs.

According to Mike Fahey, regional vice-president of sales for Asia, Africa and the Middle East, the aircraft will have a thoroughbred pedigree. "Operators, including many in the Middle East, will truly benefit from this rich lineage. The Bombardier Global 5000 inherits the speed and superior performance capabilities and sophisticated systems from its parent, our flagship Bombardier Global Express."

The Bombardier Global Express has enjoyed strong sales in the Middle East since entering corporate service two years ago, and Mr. Fahey said Bombardier expects a similar positive response to the Bombardier Global 5000. "Its remarkable range at high speed, versatility and large cabin - as well as hot temperature performance- are all features that our customers in the Middle East have been asking for. And it will enter corporate service very quickly."

As it has with previous aircraft development programs, Bombardier is teaming with international risk-sharing participants to design and produce critical components and aircraft systems.

Bombardier Aerospace has developed a high degree of design expertise in business aircraft ranging from the Bombardier Learjet 45 super-light jet, with its first delivery in May 1998, the Bombardier Global Express ultra long-range aircraft, with its first delivery in July 1999, right up to the super-midsize Bombardier Continental aircraft, currently beginning its flight test and certification program.

Additionally, Bombardier Global 5000 operators will benefit from Bombardier's expertise in designing and building the industry's best regional aircraft, enjoying airliner reliability and maintainability, and competitive operating costs.

"By applying the latest technologies in design and manufacturing and committing to the highest standards of quality control, Bombardier Aerospace has an unmatched ability to design, build and support the highest quality products and services. The Bombardier Global 5000 will reach the market with unequaled quality and reliability for a new aircraft," observed Mr. Fahey.

Bombardier Aerospace, a unit of Bombardier Inc., is a world leader in the design and manufacture of innovative aviation products and services for the regional, business and amphibious aircraft markets. It also offers Bombardier Flexjet fractional ownership, aircraft charter and management, 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 79,000 people in 24 countries in the Americas, Europe and Asia-Pacific and its revenues for the fiscal year ended Jan. 31, 2001 totaled $16.1 billion Cdn.


Bombardier Global 5000 Super-Large Business Jet Introduced At Dubai Air Show