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Gold/Mining/Energy : Bombardier, maker of planes and trains and other things

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To: Gilbert Drapeau who wrote (909)6/19/2001 10:39:41 AM
From: Gilbert Drapeau   of 1177
 
Alain Prost Gives Bombardier Business Jets a Chequered
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LE BOURGET, PARIS, FRANCE-- JUNE 19, 2001 - 10:25 EDT

Alain Prost latest customer to join in Bombardier Flexjet
fractional ownership

Prost Grand Prix team owner, Alain Prost, today became the latest
highflyer to join the Bombardier Flexjet(R) fractional ownership
program.

At a brief ceremony today at the Paris Air Show, Mr. Prost signed
an agreement for a 1/16-share of the high performance Bombardier
Learjet 31A business jet.

Mr. Prost will benefit from 24-hours-a-day-7-days-a-week access to
a range of the latest Bombardier business jets, giving him the
flexibility to fly anytime, virtually from anywhere to everywhere
in Europe, and beyond.

The Flexjet Europe programme works by giving its customers the
option to purchase a number of flying hours per year on a range of
Bombardier Aerospace aircraft, depending on their needs. These
jets include the Bombardier Learjet(R) 31A, Learjet 60, and the
Challenger(R). All aircraft are manufactured, maintained,
operated and managed by qualified Bombardier Aerospace staff -
giving customers complete peace of mind.

Mr. Prost selected the Flexjet Europe programme as it gives him
the flexibility to fly quickly and cost-effectively throughout
Europe, often to and from areas not serviced by a commercial
airport. From the Prost Grand Prix headquarters on the outskirts
of Paris, to his home and office in Geneva, to F1 manufacturing
facilities across the region and, of course, the F1 races -
Flexjet Europe guarantees aircraft availability.

"It makes good business sense," said Mr. Prost. "The combination
of increasing commercial airline delays and inconvenient
connections to locations often only served once a day, wastes
precious time and money. Being able to fly directly to/from local
airfields or major international airports allows us to get on with
the business of becoming more competitive in the fast-paced world
of Formula 1."

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. Bombardier's revenues
for its fiscal year ended Jan. 31, 2001 totalled $16.1 billion and
more than 90% were generated outside Canada.

(R) Registered trademarks of Bombardier Inc.
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