Porter Airlines Signs Purchase Agreement for up to 30 Bombardier CS100 Aircraft; Becomes CSeries Aircraft's Canadian Launch C...

Bombardier Aerospace announced today that Porter Airlines has signed a
conditional purchase agreement for 12 CS100 airliners, with options for an
additional 18 CS100 aircraft. The agreement also includes purchase rights on six
Q400 NextGen aircraft. The parties also disclosed that Porter Airlines is the
unidentified, Americas-based customer that signed a Letter of Intent (LOI) for
CS100 aircraft as announced by Bombardier in December 2012. 


Today's announcement was made at Porter Airlines' home base at Billy Bishop
Toronto City Airport, where alongside Bombardier, they also unveiled the CSeries
aircraft flight deck and cabin demonstrator that will be on private display at
Porter's facility during the month of April 2013. 


Based on the list price of the CS100 airliner, a firm-order contract would be
valued at approximately $870 million US and could increase to $2.08 billion US
should the 18 options also be converted to firm orders. Should Porter also
exercise the six purchase rights for Q400 NextGen aircraft, the contract value
would increase to $2.29 billion US. 


"Following an in-depth analysis of existing and re-engined aircraft, we have
selected the all-new CS100 airliner for its flexibility and suitability for
urban operations, including outstanding fuel efficiency and short airfield
performance, as well as reduced sound and emissions," said Robert Deluce,
President and Chief Executive Officer, Porter Airlines. "The aircraft fits
perfectly into our business plans and growth strategy and we are also proud to
be the Canadian launch customer for Bombardier's CSeries aircraft. We look
forward to expanding our network with an all-Bombardier fleet of CS100 jetliners
and Q400 turboprops - promoting greener, quieter flying."


"Porter Airlines' selection of the game-changing CS100 jetliner for its
operations is a compliment to the CSeries aircraft program and the flexibility
of this aircraft and the missions it can perform. As an award-winning airline,
Porter is widely recognized for its unique operations, as well as the refined
service it provides and we are thrilled that Porter continues to look to
Bombardier aircraft for its growth requirements," said Mike Arcamone, President,
Bombardier Commercial Aircraft. "The worldwide momentum of interest for the
CSeries aircraft program continues to grow and we are pleased that customers in
both our traditional and growth markets are exploring opportunities and
centering business cases around the use of Bombardier's CSeries jetliners and
pairing them with their Q400 aircraft operation. We look forward to seeing the
technologically advanced CS100 aircraft take to the skies in Canada and its
neighbouring regions alongside Porter's existing fleet of 26 Q400 aircraft." 


"We're delighted about this agreement between Porter Airlines and Bombardier as
it represents the first Canadian operator to select the PurePower(R) family of
engines and also extends the strong relationship amongst Porter, Bombardier and
Pratt & Whitney," said Todd Kallman, President, Pratt & Whitney Commercial
Engines. "In addition to double-digit reductions in fuel consumption and engine
operating cost, our PurePower engine generates a noise footprint that is up to
four times smaller than today's jet engine-powered aircraft, which benefits both
travelers and airport communities." 


CSeries aircraft development program 

The first CSeries flight test vehicle (FTV1) is in its final stages of build and
is progressing towards the transfer to the flight test phase following the
completion of the full powering up of the main electrical distribution system in
March 2013. The CSeries aircraft is moving closer to obtaining the
safety-of-flight permit following the successful completion of the critical
series of structural and system tests. The fly-by-wire system testing continues
and to date, tests have shown results as expected. As for the assembly of the
other flight test vehicles: systems installations are being completed on FTV2;
the wings are being mated on FTV3; and the fuselage on FTV4 has entered into the
assembly stage - all of which are advancing to schedule. 


Flight deck and cabin demonstrator 

Bombardier's flight deck and cabin demonstrator for the CSeries airliner will be
on private display at the Billy Bishop Toronto City Airport from April 10 to
April 30, 2013. Media requests to visit the demonstrator should be submitted to
416-375-3030. 


The CSeries aircraft flight deck features a number of technologically advanced
communication and navigation aids and benefits from the latest avionics. The
integrated design approach sets a new standard and offers reduced costs through
increased operational efficiency and reduced pilot training, while improving
reliability. The result is a finely tuned human-machine interface, which the
demonstrator allows visitors to fully experience.


The CSeries family of aircraft's spacious seating, increased shoulder space,
extra-large windows, latest-generation LED lighting and upsized, overhead
storage will deliver a new level of widebody-style comfort in single-aisle
aircraft. 


The cabin demonstrator, representing the latest look and feel of the CSeries
aircraft interior configuration, features a business class section, an array of
economy seats at various seat pitches, and a variety of optional in-flight video
displays. 


CSeries aircraft 

Designed for the growing 100- to 149-seat market, the 100 per cent new CSeries
aircraft family combines advanced materials, leading-edge technology and proven
methods to meet commercial airline requirements in 2013 and beyond. Powered by
Pratt & Whitney PurePower PW1500G engines, the CSeries aircraft family will
offer a 15(i) per cent cash operating cost advantage and a 20(i) per cent fuel
burn advantage. With the extra capacity seating option, the CS300 aircraft's
productivity further improves, offering airlines an average of four(i) per cent
additional cash operating cost advantage per seat. The CSeries aircraft's
clean-sheet design is ensuring that the aircraft will achieve greatly reduced
noise and emissions, as well as superior operational flexibility, exceptional
airfield performance and a range of 2,950 NM (5,463 km)(i). The CSeries aircraft
will be up to 12,000 lbs. (5,443 kg)(i) lighter than other aircraft in the same
seat category and will provide passengers with a best-in-class, widebody cabin
environment in a single-aisle aircraft. 


As of December 31, 2012, Bombardier had booked orders and commitments for 382
CSeries aircraft, which include firm orders for 148 CSeries airliners. 


About Porter Airlines 

Porter Airlines has revolutionized short-haul flying with a warm and effortless
approach to hospitality, restoring glamour and refinement to air travel. Porter
is an Official 4 Star Airline(R) in the World Airline Star Rating(R) by Skytrax,
and rated second in the world in Conde Nast Traveler's Readers Choice Awards Top
Small Airlines category. 


The airline currently offers flights to Toronto, Ottawa, Montreal, Quebec City,
Moncton, Halifax, St. John's, Thunder Bay, Sault Ste. Marie, Sudbury, Timmins,
Windsor, New York (Newark), Chicago (Midway), Boston, Washington (Dulles) and
has seasonal flights to Mt. Tremblant, Que., Myrtle Beach, S.C., and Burlington,
Vt. Visit www.flyporter.com or call [phone] for more information. 


About Bombardier 

Bombardier is the world's only manufacturer of both planes and trains. Looking
far ahead while delivering today, Bombardier is evolving mobility worldwide by
answering the call for more efficient, sustainable and enjoyable transportation
everywhere. Our vehicles, services and, most of all, our employees are what make
us a global leader in transportation.


Bombardier is headquartered in Montreal, Canada. Our shares are traded on the
Toronto Stock Exchange (BBD) and we are listed on the Dow Jones Sustainability
World and North America Indexes. In the fiscal year ended December 31, 2012, we
posted revenues of $16.8 billion. News and information are available at
bombardier.com or follow us on Twitter @Bombardier. 


Notes to editors 

Images of CS100 aircraft in Porter Airlines' livery are posted with this release
in the press releases section at www.bombardier.com. 


Follow @Bombardier_Aero on Twitter to receive the latest news and updates from
Bombardier Aerospace. 


(i) The CSeries aircraft are in the development phase. All data and
specifications are estimates, subject to changes in family strategy, branding,
capacity and performance during the development, manufacture and certification
process. All performance references have been estimated based on a 500-nm North
American operating environment and comparisons are to in-production aircraft. 


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


Bombardier, CS100, CSeries, NextGen, Q400 and The Evolution of Mobility are
trademarks of Bombardier Inc. or its subsidiaries. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Marc Duchesne
Bombardier Commercial Aircraft
[phone]
[e-mail]
www.bombardier.com