Synergy Aerospace Corp. Becomes First Latin American Company to Enroll in Bombardier Carbon Offset Program

• Bombardier Carbon Offset Program selected for Learjet 45 XR aircraft due to its efficiency and ease of administration

Bombardier Aerospace today announced that Synergy Aerospace Corp. of São Paulo, Brazil has enrolled its Learjet 45 XR aircraft in Bombardier’s innovative Carbon Offset Program and becomes the first Latin American company to join the program.

“Synergy Aerospace Corp. strongly believes in corporate and social responsibility, which is why we are proud to enroll our Learjet 45 XR aircraft in the Bombardier Carbon Offset Program,” said José Efromovich, board member of Synergy Aerospace Corp. “The Bombardier program is especially attractive because it allows us to easily mitigate the environmental impact of our flying since Bombardier handles the program administration.”

Synergy’s Learjet 45 XR aircraft will be operated by OceanAir Táxi Aéreo based at Congonhas airport in São Paulo, Brazil. OceanAir has been offering charter service to customers in Latin America since 2004 and it operates a fleet of five aircraft with eight full time pilots. OceanAir Táxi Aéreo is licensed to fly within South America.

“Synergy Aerospace Corp.’s decision to enroll in the Bombardier Carbon Offset Program is a great example of how corporate aviation can address its environmental impact while the industry develops new technologies for reducing its carbon emissions,” said Michael McAdoo, vice-president and general manager, Fleet Management Solutions, Bombardier Customer Services. “Carbon footprint reduction and taking action to minimize the impact of remaining emissions is a growing concern for many customers and we are pleased to offer these operators a turnkey option to achieving this objective.”

Bombardier Carbon Offset Program
Bombardier became the first aircraft Original Equipment Manufacturer (OEM) to launch a Carbon Offset Program for its customers in September 2007. The Bombardier Carbon Offset Program is a simple and effective way to offset the CO2 emissions generated by a Bombardier business aircraft (or a non-Bombardier aircraft model in a mixed fleet). Customers enrolled in the program are charged a fixed cost per flight hour (rates vary depending on aircraft model), which is then used to purchase Verified Emission Reduction (VER) credits through a leading offset provider called ClimateCare.

Bombardier administers the program through its proven Smart Services platform and ClimateCare, owned by the J.P. Morgan Environmental Markets group, invests the fees paid for offset credits into a portfolio of projects that will reduce the equivalent amount of CO2. Projects undertaken by ClimateCare are developed to internationally recognized industry standards.

Bombardier is committed to working with ClimateCare and European Union authorities to ensure the program also supports a solution for operators with obligations under the European Union Emissions Trading Scheme (ETS) which is scheduled to take effect in January 2012.

Bombardier voluntarily offsets carbon emissions resulting from corporate flights on its business aircraft, its demonstration fleet and its PartsExpress flights through Flexjet. Flexjet fractional owners also have the option to offset their flight hours through the program.

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, 2009, were $19.7 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, Leajet 45 XR, Flexjet, Smart Services and PartsExpress are either registered or unregistered trademarks of Bombardier Inc. or its subsidiaries.

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