NEWS RELEASE

Deanna White Appointed Flexjet President

Dallas, Oct. 22, 2012 (www.flexjet.com) – Flexjet, the Richardson, Texas-based division of Bombardier, announced today the appointment of Deanna White as President, effective immediately.

“Since joining Flexjet in 2005, Deanna has demonstrated a strong track record of identifying and maximizing opportunities to enable profitability,” said Pierre Beaudoin, President and Chief Executive Officer, Bombardier Inc. “Deanna possesses a passion for driving strategic change and implementing business plans that support the organization’s long term strategies. I am pleased to recognize her accomplishments with this appointment and look forward to her continued leadership as President of Flexjet.”

Deanna White brings over 25 years of experience from a variety of positions of increasing responsibility. She joined Flexjet in 2005 as Director, Finance, was promoted to Senior Director, Finance in 2007, and in 2010 was promoted to Vice President of Finance and

Administration. Prior to Flexjet, Deanna had a progressive 15-year career with GTE. During the GTE-Bell Atlantic merger into Verizon, she joined Genuity, an Internet company spun off from the merger, as Director of Accounting. She spent three years at Genuity before joining Flexjet.

Deanna holds a Bachelor of Science in Accounting from the University of Tampa and a Master of Business Administration from the University of Dallas. She is also a Certified Public Accountant in the state of Texas.

Deanna replaces Fred Reid, who is retiring from the organization. “During Fred’s tenure, he was a passionate promoter of Flexjet and fractional jet ownership. We thank him for his service to the Company and wish him well for the future,” said Mr. Beaudoin.

About Flexjet

Richardson, TX-based Flexjet—a division of Bombardier, the world’s largest business aviation manufacturer—first entered the fractional jet ownership market in 1995. Flexjet now offers whole aircraft ownership and management, fractional jet ownership, jet cards and charter brokerage services. Flexjet’s fractional aircraft program is the first in the world to be recognized as achieving the Air Charter Safety Foundation’s Industry Audit Standard, and Flexjet is the first and only company to be honored with its 13th FAA Diamond Award for Excellence. Flexjet’s fractional program fields an exclusive family of Bombardier business aircraft—the youngest in the fractional jet industry with an average age of approximately five years—including the Learjet 40 XR, Learjet 45 XR, Learjet 60 XR, Challenger 300 and Challenger 605 business jets.  For more details on innovative programs and flexible offerings, visit fxmultiprod.wpengine.com.