Lease Corporation International Group Orders 20 Bombardier CSeries Jetliners With Options to Purchase a Further 20

3/30/2009, 2:17 PM (Source: GlobeNewswire)
First Leasing Company Customer for CSeries Aircraft

TORONTO, ONTARIO--(Marketwire - March 30, 2009) - Bombardier
Aerospace announced today that Lease Corporation International
Aviation (New Buildings) Limited has signed a firm purchase agreement
for three CS100 and 17 CS300 jetliners. The purchaser, which also
took options on a further 20 CSeries aircraft, is a wholly owned
subsidiary of Lease Corporation International Limited (LCI). LCI is a
privately owned aircraft leasing company that owns and leases planes
to major airlines.

Based on list prices, the firm order for 20 CSeries aircraft is
valued at approximately $1.44 billion U.S.

"This firm order for both CS100 and CS300 aircraft adds to the
momentum we anticipated for CSeries aircraft following the initial
firm order by Deutsche Lufthansa AG. Moreover, LCI's purchase
confirms the flexibility designed into this technologically advanced
aircraft family as required by all our customers, but especially
leasing companies," said Gary R. Scott, President, Bombardier
Commercial Aircraft. "We are grateful for LCI's confidence in the
CSeries aircraft and delighted to welcome them as the launch leasing
company customer. We look forward to working with them on further
development of the aircraft for its entry into service in 2013."

"We are excited about the future of Bombardier's CSeries jetliner
family," said LCI Chairman, Adam Tomazos. "Market studies carried out
by ourselves and other organizations see a large worldwide demand for
aircraft in the 100- to 149-seat category over the next two decades
and the CSeries jetliner family is a perfect fit."

The launch of the CSeries family of aircraft was announced at the
Farnborough Air Show on July 13, 2008.

The 110-seat and 130-seat CSeries family of aircraft brings unmatched
passenger comfort, performance, and operating economics, benefiting
from the latest technological advancements, including:
fourth-generation aerodynamics; increased use of composites and
advanced aluminium alloy in structures; the very latest in system
technologies, such as fly-by-wire, electric brakes, and a
next-generation engine - the Pratt & Whitney PurePower(TM) PW1000G
engine. PurePower(TM) represents a significant breakthrough in
turbofan technology, especially on the environmental front where it
will set new benchmarks from dramatically reduced fuel burn, noise,
and emissions.

At time of entry into service in 2013, the CSeries family of aircraft
will be the greenest single-aisle aircraft in its class. These
game-changing aircraft will emit 20(i) per cent less CO2 and 50(i)
per cent less NOx, fly four(i) times quieter, and deliver dramatic
energy savings - 20(i) per cent fuel burn advantage as well as 15(i)
per cent improved cash operating costs versus current in-production
aircraft of similar size. The CSeries aircraft will set a new
benchmark in the industry, consuming as little as two litres of fuel
per passenger per 100 kilometres in its more dense seating
layouts(i).

The CS100 and CS300 aircraft models will share a new common
centerline engine and have the same crew type rating, operating and
maintenance procedures. Each of the aircraft models will also have
operational flexibility to permit utilization on both short-haul and
transcontinental routes.

In addition to Bombardier's fourth-generation transonic composite
wing design, the company is also using its Reconfigurable Engineering
Flight Simulator II (REFS II) to develop customized 'fly-by-wire'
control laws specific to CSeries aircraft. This simulator is the
first of many devices planned, as part of an extensive integrated
test regime, to ensure the CSeries aircraft achieves consistently
high levels of reliability when it enters service.

About Lease Corporation International

Lease Corporation International (LCI) is a privately owned aircraft
lessor founded in 2004. Since its inception LCI has acquired aircraft
valued at over $3.5 billion. Its customer list includes national flag
carriers and major airlines such as Singapore Airlines, British
Airways, Air France and Virgin Atlantic. The company's highly
experienced management team works closely with airframe and engine
manufacturers, and with major financial institutions to provide
aircraft leasing solutions for airlines worldwide. Further
information is available at www.lciaviation.com.

LCI is a member of the Libra Group.

About Bombardier

A world-leading manufacturer of innovative transportation solutions,
from commercial aircraft and business jets to rail transportation
equipment, systems and services, Bombardier Inc. is a global
corporation headquartered in Canada. Its revenues for the fiscal year
ended Jan. 31, 2008, were $17.5 billion US, and its shares are traded
on the Toronto Stock Exchange (BBD). Bombardier is listed as an index
component to the Dow Jones Sustainability World and North America
indexes. News and information are available at www.bombardier.com.

Bombardier, CS100, CS300 and CSeries are trademarks of Bombardier
Inc. or its subsidiaries.

(i) The CSeries aircraft is in the design phase. All data and
specifications are estimates, subject to change in family strategy,
branding, capacity, performance during the course of the design,
manufacture and certification process. Performance has been estimated
based on a 500-nm North American operating environment.

(TM) PurePower is a registered trademark of United Technologies Corp.
- Pratt & Whitney.

Note to Editors

Images of LCI CS100 and CS300 aircraft are available in the press
releases section at: www.aero.bombardier.com

For additional CSeries aircraft images, video and product information
visit www.nowisthefuture.com


Contacts:
Bombardier Aerospace
John Arnone
416-375 3030
www.bombardier.com

Bombardier Aerospace
Alec McRitchie
44 (0) 2890 733514

Libra Group
Gareth Zundel
44 (0) 20 7245 8700


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